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Oklo Director Sold 50,000 Shares of Nuclear Start-Up Before Selloff
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Tag: Inside Scoop
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Two Beaten-Down Energy Stocks See Big Insider Buys
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Two energy explorers whose stocks outperformed the broader market in 2022—a monster year for the sector—are slumping this year, but insiders at both companies recently bought up shares.
ConocoPhillips
(ticker: COP) and
Devon Energy
shares (DVN) soared 63% and 40%, respectively, in 2022, trouncing the
S&P 500 index
which dropped 19%. The
Energy Select Sector SPDR
exchange-traded fund (XLE)—which includes both ConocoPhillips and Devon as components—leapt 58% in 2022.[ad_2]
