BlackRock Investment Institute · June 2026Infrastructure
Energy infrastructure bottlenecks are driving returns
BlackRock identifies gas turbines, fuel cells (GE Vernova, Siemens Energy), copper miners, and LNG exporters as the top-performing energy sub-sectors in 2025–2026, outpacing broad clean energy indices. Grid access is the new competitive moat.
Morningstar Analysts · June 15, 2026Stock Picks
Best energy stocks show attractive valuations vs fair value
Morningstar analysts highlight Cheniere Energy (LNG) as a standout — 90% of volumes are locked into 20-year contracts, giving investors high cash flow certainty. Natural gas pipeline buildout for AI data centers also flagged as a major growth driver.
Wood Mackenzie · January 2026Hydrogen
2026 could be make-or-break for green hydrogen
After years of hype, 2 Mtpa of hydrogen capacity is now poised for Final Investment Decision — double last year. But Wood Mackenzie warns: overall energy investment slips 4% in real terms as geopolitical volatility and commodity price weakness pause the upward trend.