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Taking stock: As global energy intensifies, some companies are winning

While rising power prices hurt all users, it is particularly acute for energy-intensive materials and metal companies.

coal, mining, mines
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Abhishek Vishnoi, Bre Bradham and Thyagaraju Adinarayan | Bloomberg
The global energy crisis is intensifying, hammering the shares of companies that consume a lot of power and sending the stocks of those that produce it soaring.
 
Economic recovery from the pandemic has boosted demand for gas and coal but their supplies have not been able to keep up. With the northern hemisphere winter on the horizon and China -- the world’s biggest electricity user -- ordering state-owned energy firms to secure supplies at all costs, investors are in a race to pick the winners and losers. 

A key measure of international energy producers, led by names including Cabot