3 Energy Stocks That Could Benefit From The “Gas Shortage”

Energy penny stocks are back in focus as some interesting news takes center stage. A few days ago, reports came in that the Colonial Pipeline had been shut down by a ransomware attack from the hacker group called DarkSide. While this likely won’t have a long term effect on these penny stocks, it’s definitely worth noting. This pipeline supplies around 45% of the Eastern Seaboard with fuel. And its shutdown has resulted in a few states declaring a state of emergency.

And while this likely won’t affect energy penny stocks in the long term, right now many investors are wondering which oil and gas penny stocks may benefit. When any event happens be it big or small, investors that can think outside of the box are the ones who stand to gain the most.

So, if we consider the classic supply and demand concept, this pipeline shutdown could lead to increased values for certain penny stocks to watch. As of mid-week, we are not seeing a major amount of momentum in the energy industry resulting from this event. 

However, it’s difficult to tell how long it will last. It’s worth noting that there is no real shortage right now, however it has resulted in a lot of panic buying from consumers. This panic buying is the result of fear rather than any lack of fuel.

Because of this, finding the best energy penny stocks to buy in this situation, could be a valuable position. With that in mind, let’s take a look at a few that could benefit. 

1. Vertex Energy Inc. (NASDAQ: VTNR) 

Vertex Energy is a producer and refiner of petroleum products. While it isn’t necessarily a pure-play oil and gas stock, it does work in the production of motor oil and hydro-processing. It is considered to be one of the largest processors of motor oil in the U.S. and has several facilities around the country.

Ok so Vertex Energy is not a producer of the gasoline that goes into your car, however, given that it does produce oil in one way or another, it could stand to benefit from a vastly heightened demand. 

On May 13th, Vertex reported its Q1 2021 financial results. In the results, it posted a net income of $1 million with an adjusted EBITDA of $6.5 million. This is a sizable increase of around $4.9 million over the previous quarter. And, the company reported that the price of Group II+ base oils rose by nearly 20% compared to the previous year. This supports its increase in margins during this most recent quarter. 

“Our strong first-quarter results which include significant year-over-year growth in gross profit, operating income, and adjusted EBITDA, were driven by a combination of increased product demand, improved margin realization, disciplined expense management, and full optimization of our Marrero and Heartland refineries.” 

Benjamin Cowart, CEO of Vertex Energy Inc.

Considering that the pandemic did have a large effect on all oil and gas companies, Vertex has managed to escape relatively unscathed. Considering this, will it be on your list of energy penny stocks to watch?

Full story on PennyStocks.com

Buffett's #1 Investment

Revealed: Warren Buffett’s little-known $0.16 trade that could see gains of up to 183% in one day if action is taken quickly.
Enter your email address to receive this company’s name and ticker symbol for free. 

By submitting your email address, you give Profitable News and Morning Bullets permission to deliver the report or research you’re requesting to your email inbox. You can unsubscribe at any time. To review our privacy policy, click here: Privacy Policy | How it Works

The Next Dogecoin, still Trading for Less Than 50 cents.

Our top Altcoin could blow past the coveted 1,000%, and it’s currently trading for less than 50 cents!
Enter your email address to receive this Coin’s name for free.

By submitting your email address, you give Profitable News and Morning Bullets permission to deliver the report or research you’re requesting to your email inbox. You can unsubscribe at any time. To review our privacy policy, click here: Privacy Policy | How it Works

Get "Backdoor" Deal Into Apple's Little Known Supplier

Current estimates predict gains as high as 196%, 491%, or even 614% or more… All before the car even hits the road, giving early investors a chance at windfall gains.
Enter your email address to receive their supplier’ss name and ticker symbol for free.

By submitting your email address, you give Profitable News and Morning Bullets permission to deliver the report or research you’re requesting to your email inbox. You can unsubscribe at any time. To review our privacy policy, click here: Privacy Policy | How it Works

#1 Stock To Beat The Upcoming Inflation Crisis

Whether you’re interested in turning a profit, or simply protecting your retirement, it’s critical you pay attention, now.

By submitting your email address, you give Profitable News and Morning Bullets permission to deliver the report or research you’re requesting to your email inbox. You can unsubscribe at any time. To review our privacy policy, click here: Privacy Policy | How it Works

#1 Taas Stock of The Decade

Investing legend Whitney Tilson says there’s a huge new tech trend coming – and he’s revealing his #1 pick for free.
Enter your email address to receive this company’s name and ticker symbol for free.

By submitting your email address, you give Profitable News and Morning Bullets permission to deliver the report or research you’re requesting to your email inbox. You can unsubscribe at any time. To review our privacy policy, click here: Privacy Policy | How it Works

Forget TSLA Buy This Supplier

Elon Musk’s Next Big Bet Could Send This Tiny Supplier Soaring.
Enter your email address to receive this company’s name and ticker symbol for free.

By submitting your email address, you give Profitable News and Morning Bullets permission to deliver the report or research you’re requesting to your email inbox. You can unsubscribe at any time. To review our privacy policy, click here: Privacy Policy | How it Works

The "Nano Powder" Battery Tech
Set To Soar

Revolutionary “Nano-Powder” to set off 20,300% market surge, and our top pick stands to soar as a result.
Enter your email address to receive this company’s name and ticker symbol for free.

By submitting your email address, you give Profitable News and Morning Bullets permission to deliver the report or research you’re requesting to your email inbox. You can unsubscribe at any time. To review our privacy policy, click here: Privacy Policy | How it Works

#1 Stock of This Generation

Set to disrupt global industries, this tiny $2 stock could very soon shoot up 150%, 400% … even 900% or more!-
Enter your email address to receive this company’s name and ticker symbol for free.

By submitting your email address, you give Profitable News and Morning Bullets permission to deliver the report or research you’re requesting to your email inbox. You can unsubscribe at any time. To review our privacy policy, click here: Privacy Policy | How it Works

$25 Let's You Profit From
$2.1 Quadrillion Boom

Investors who get in now could see a windfall from the opening of a $2.1 Quadrillion Economy.
Enter your email address to gain access on how you can get in on this investment before it ignites the biggest financial event since the birth of the stock market.

By submitting your email address, you give Profitable News and Morning Bullets permission to deliver the report or research you’re requesting to your email inbox. You can unsubscribe at any time. To review our privacy policy, click here: Privacy Policy | How it Works

#1 Stock of The Decade

Investors who get in on this tiny $5 stock stand to transform every $500 invested into $1.5 million.
Enter your email address to receive this company’s name and ticker symbol for free.

By submitting your email address, you give Profitable News and Morning Bullets permission to deliver the report or research you’re requesting to your email inbox. You can unsubscribe at any time. To review our privacy policy, click here: Privacy Policy | How it Works