AROC
Archrock Inc
stock NYSE

Energy feels like such a weird area this year. I do agree that WTI/Brent will have a tough year.
Like, Permian E&P's should continue to see pressures with low WTI (with their breakeven in the mid 50's).
The two big U.S. vertically integrated names should be OK as they have a ton of different exposures (oxy-blends, natural gas, carbon capture, etc.).
The refiners may do well if the crack spread stays favorable for them but they had a strong year in 2025.
Personally I like natural gas, particularly the midstream operators (long-term volume and take-or-pays), field compression and compressor services. Like KMI/WMB for midstream, KGS/AROC for compression (AROC has some field services), and NGS/EFXT for compressor services.

Energy feels like such a weird area this year. I do agree that WTI/Brent will have a tough year.
Like, Permian E&P's should continue to see pressures with low WTI (with their breakeven in the mid 50's).
The two big U.S. vertically integrated names should be OK as they have a ton of different exposures (oxy-blends, natural gas, carbon capture, etc.).
The refiners may do well if the crack spread stays favorable for them but they had a strong year in 2025.
Personally I like natural gas, particularly the midstream operators (long-term volume and take-or-pays), field compression and compressor services. Like KMI/WMB for midstream, KGS/AROC for compression (AROC has some field services), and NGS/EFXT for compressor services.