3 Renewable-Energy Stocks That Could Thrive Under Trump

As the United States enters a new era under President Donald Trump, investors are wondering how his energy policies will impact the renewable-energy sector. While Trump's administration is expected to prioritize fossil fuels and roll back renewable energy incentives, there are still opportunities for renewable-energy companies to thrive. In this article, we will explore three renewable-energy stocks that could benefit from Trump's policies and market trends.



1. Liquefied Natural Gas (LNG) Exporters

Trump's administration is expected to resume the permitting process for new LNG facilities, which could benefit companies involved in LNG exports. Europe and Asia are the primary markets for U.S. LNG exports, and there's only so much that can go around until new facilities come online. Companies like Cheniere Energy (LNG) and NextDecade (NEXT) could see significant gains over the next few years as a result of this policy change.



2. Natural Gas Suppliers

EQT (EQT) is the country's largest independent natural gas supplier, focusing on production in the Marcellus Shale field of the Appalachian Basin. EQT's size allows it to enjoy economies of scale that lower its costs, and its acquisition of Equitrans Midstream gives it more exposure to Gulf of Mexico export markets. Trump's policies encouraging greater investments in pipeline infrastructure and support for domestic production and processing of rare earth minerals could further benefit EQT.



3. Oil and Gas Industry Services Providers

Baker Hughes (BKR) is an oil and gas industry services provider that focuses on gas technology, automation, and LNG to meet global natural gas demand. Any policy changes that encourage greater production in the field will benefit Baker Hughes, particularly if Trump opens more oil and gas leases in the Gulf of Mexico. Baker Hughes' strong order flow and ongoing plan to transition toward greater industrial asset management make it a top energy stock to buy under Trump's administration.

In conclusion, while Trump's energy policies may present challenges for the renewable-energy sector, there are still opportunities for companies to thrive. Liquefied Natural Gas exporters, natural gas suppliers, and oil and gas industry services providers are well-positioned to benefit from Trump's policies and market trends. Investors should closely monitor these companies and the broader energy market to capitalize on potential opportunities.