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Goldman names five top post-Doha oil stocks: HES, EOG, CVE, PDCE, FANG

Apr. 18, 2016 2:47 PM ETHess Corporation (HES) StockHES, CVX, EOG, CVE, FANGBy: Carl Surran, SA News Editor5 Comments
  • Goldman Sachs expects energy investors will maintain a "buy the dip" mentality, and suggests focusing specifically on its Buy-rated shale productivity favorites such as Hess (HES +4.3%), EOG Resources (EOG +2.2%), Cenovus Energy (CVE +0.3%), PDC Energy (PDCE +4.3%) and Diamondback Energy (FANG +1.7%).
  • Even after the Doha collapse, Goldman maintains its forecast for Q4 2016 WTI of $45/bbl and FY 2017 average of $58/bbl, as low near-term oil prices should ultimately enable mechanisms that will bring oil markets into better balance.
  • Now read Goldman names nine favorites for Goldilocks ideal $35 oil

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