Share price matters and solar stocks have significantly outperformed their oil and gas counterparts by multiples.
When looking for market trends it is always useful to examine share price. This can often be your first clue as to emerging paradigm shifts or just health of a particular industry in general. In the case of energy, some interesting shifts are occurring. Moreover, they seem to be flying under the radar. For instance, a quick comparison of the share price of oil and gas companies, particularly those engaged in the self styled “shale revolution” to those engaged in alternative energy activities such as solar, is eye opening to say the least.