Direct beneficiaries of rising U.S. energy production and the coming lower energy costs,...


Direct beneficiaries of rising U.S. energy production and the coming lower energy costs, according to BAML, are domestic oil production, refining, oil services and petrochemicals firms. The firm's top stocks to buy: Valero (VLO) in refining; LyondellBasell (LYB) in chemicals; Halliburton (HAL) in oilfield services; Hess (HES) in production; Union Pacific (UNP) in transportation.

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