3 Energy Stocks Poised for a Rebound After Dismal 2022 Performances
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NextEra Energy Partners, Brookfield Infrastructure, and Devon Energy have significantly underperformed the market in 2022.
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NextEra is selling pipeline assets and shifting strategy to focus on renewable energy to improve finances.
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Brookfield Infrastructure expects to continue double-digit FFO growth fueled by capital recycling and organic expansion.
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Devon Energy plans to boost share buybacks with rising free cash flow even as it cuts capital spending.
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All 3 companies are poised for a rebound in 2023 and beyond after dismal 2022 performances.