It is a tough time to be an investor in oil and gas stocks.

Oil prices might be more than double the levels of 2016, when they sank below $30 a barrel, but the U.S. exploration and production sector, as measured by an index tracked by S&P Dow Jones, is trading at a 15-year low.

The reasons for investor apathy are multiple, from long-term fears about the future of the fossil fuel industry to short-term concerns about the new breed of shale-focused drillers’ ability to generate cash.

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