Energy rationing: The 'winners' from further gas shortages - if any

'Sea change' in the approach to natural gas

clock • 5 min read

With the possibility of mandatory gas rationing still on the table, investors are mulling which stocks might perform well off the back of further cuts to supply across Europe.

Oil companies have enjoyed extraordinary profits this year as prices have spiralled, with Royal Dutch Shell reporting second quarter gains of £9bn, while BP recorded its largest quarterly profit for 14 years, at £6.9bn. But other stocks are set to get a boost, particularly if the European Commission moves to activate a binding ration target across the EU. Germany looks particularly vulnerable, with the Bundesbank estimating rationing gas would lead German GDP to slump 5%, and the nation being hampered by its lack of alternative energy sources. Spain, however, has invested more heav...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on ESG

JP Morgan AM cuts ties with climate change action group
ESG

JP Morgan AM cuts ties with climate change action group

Climate Action 100+

Eve Maddock-Jones
clock 15 February 2024 • 1 min read
Enter now for Investment Week's Sustainable Investment Awards 2024
ESG

Enter now for Investment Week's Sustainable Investment Awards 2024

Closing date of 6 April

Investment Week
clock 15 February 2024 • 3 min read
Liontrust hires sustainable investment analyst duo from Ninety One and abrdn
ESG

Liontrust hires sustainable investment analyst duo from Ninety One and abrdn

Connor Godsell and Linnea Bengtsson

Cristian Angeloni
clock 14 February 2024 • 1 min read
Trustpilot