Things to consider about energy stocks SP'sFirst China's lockdown is guaranteed to cut demand for Oil and that's a fact then you have Russia and Saudi Arabia selling Oil cheaper with Asia cutting back 50% on buying US Oil at higher prices on top of that we are entering a global contraction which will see demand softening all affecting the share prices of energy stocks and now that we are entering the final month in Q3 we have seen lower Oil price for the first 2 months averaging around $93 guestimate so if Sept Oil is trading in the $80+ or lower $90's all this will affect Q3 revenues which will come in lower than Q2 unless Oil starts to trade above $100 for the entire month so everyone will have to figure out what is a fair share price so that the share price doesn't run too far ahead leaving investors holding overvalued shares. JMHO