Editor’s Note: Yesterday was a historic day.

The Associated Press officially named Donald Trump the winner of the 2024 Election, and the markets have been surging as a result.

On Wednesday the Dow soared 1,000 points.

And in our Election Open House, we’ve been trading several winners based on market volatility, including a 25.71% winner on XLE in 2 trading days.

Click here to start trading alongside us in this new climate at no cost to you.

– Ryan Fitzwater, Publisher

Donald Trump’s policy stance on energy is clear.

He wants a robust emphasis on fossil fuels, as well as scaling back renewable energy policies.

Trump justifies the scale back as a way to reduce energy costs and achieve independence from other countries.

Whether or not he actually achieves this agenda will take time to play out, but one thing’s for certain – the perception of Trump’s policy will be good for oil.

But I’m not recommending to buy oil stocks.

Instead, I’m watching one company that stands a good chance to make money as long as the U.S. is drilling its own oil and natural gas.

That company is Schlumberger Limited (SLB).

Schlumberger is an American oilfield services company. As of 2022, it is both the world’s largest offshore drilling company and the world’s largest offshore drilling contractor by revenue.

It’s the premier oil service company and it makes money as long as companies are producing oil and gas. The more oil and gas that is produced, the more they use SLB for exploration and maintenance services. At current prices, SLB is closer to its lows than highs.

And if energy production moves higher or stays where it is, then SLB’s services will be in demand.

Action Plan: With Trump winning the election, SLB stands to gain from the amount of fossil fuel energy we could be producing.

Click here to join our Election Open House for FREE and see exactly how I’m trading it.