Seeking Alpha

Noble, Anadarko, Continental, EOG are top energy picks at UBS

  • Noble Energy (NBL), Anadarko Petroleum (APC), Continental Resources (CLR) and EOG Resources (EOG) are the top energy picks at UBS, which says each company delivers above-average cash flow per share growth, deep inventories and attractive pricing.
  • BG Group is “on the verge of delivering strong, accretive volume growth from Australia and Brazil," UBS says, and Total (TOT) has the most potential for earnings and share upgrades based on its high dividend yield and conservative expectations for the company.
  • Lukoil (LUKOY.PK, LUKOF.PK) is the standout value play in Russia, China's Sinopec (SNP) offers attractive valuation and improving transparency, but Brazil’s Petrobras (PBR) is still too risky.
Comments (2)
  • Why is pbr viewed as risky? Their valuation is below net assets even with the currency depreciation.

     

    This is buy time
    10 Sep 2013, 10:26 PM Reply Like
  • Could you look up and pass on the reserve numbers for these E&P companies?
    10 Sep 2013, 11:55 PM Reply Like
DJIA (DIA) S&P 500 (SPY)