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If you are someone who actively invests in the stock market or are trying to learn how to do so, one of the areas you might consider is the energy sector. There are a number of different types of energy stocks, which produce fuel and electricity on a global scale. Oil and gas have historically been a very popular area in the stock market, but different types of energies are being considered more often. This is due to many countries around the world trying to mitigate the long-term effects of climate change and reduce their dependence on energy that has been deemed harmful to the environment. The following are different types of energy that you can invest in. 

1. Oil Stocks

Though many countries are shifting their focus to renewable energy sources, oil and drilling is still very popular. Fossil fuels, which include oil, made up over 60% of the energy used in the United States in 2020. Some well-performing oil stocks that are predicted to do well in the stock market are Conoco Phillips, California Resources Corporation, NuVista Energy Limited, and Spartan Delta Corporation. 

2. Renewable Energy Stocks

As mentioned before, many countries are investing in renewable energy, which includes solar power, wind power, hydroelectric power, and geothermal power. This means that companies that provide renewable energy sources, whether this is solar panels, windmills, or geothermal heat pumps, are predicted to have stocks that produce good dividends in the future. Some of the companies that are involved in this include NextEra Energy, Brookfield Renewable Partners, and Enphase Energy. 

3. Electric Utility Stocks

Another type of energy stock that may be worth investing in is electric utility stocks, which are publicly traded companies that are regulated by government agencies. This includes the utility company that you use in your home. They are regulated by the government, which means that the rates for usage are set, but different people use different amounts of electricity. We are pretty dependent on electricity so demand is usually fairly stable. Energy utility companies that you can invest in are Duke Energy, NextEra Energy, and XCel Energy. 

4. Natural Gas Stocks

Natural gas is another type of fossil fuel, and while demand may be reduced over time, it is still used by many people and companies. Natural gas companies that have options for stock purchases produce, transport, and export natural gas. Cabot Oil & Gas Corporation and ExxonMobil are two of the most popular natural gas stocks.