Here are the top 5 energy stocks, according to Goldman Sachs

Goldman Sachs on Monday picked five top energy stocks of ahead of their quarterly earnings, saying it keeps a “constructive” view on the sector thanks to cash flows and valuations, among other highlights.

The analysts, however, “maintain a long-term constructive/bullish posture given strong cash flow, discounted valuation, the growing strategic value of U.S. gas/oil, and improving returns on and of capital,” they said. Highlights for Chesapeake Energy Corp. CHK, +2.85% are its natural-gas assets, which underpin “attractive generation supported by a strong balance sheet,” the analysts said.

Unlike Diamondback Energy and Chesapeake Energy, Pioneer Natural Resources Co. PXD, +5.61% has outperformed “peers since the recent correction, which we believe is in part due to its strong balance sheet and attractive dividend yield,” the Goldman analysts said.

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Goldman Sachs cuts earnings outlook for MSCI China to zero growthMSCI China tracks more than 700 China stocks listed globally, including Tencent, BYD and Industrial and Commercial Bank of China.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »

Electric vehicles are disrupting this $255 billion sector. Here are the stocks to cash in: UBSInvestors are focused on the future of the powertrain, according to UBS, which names its top stocks to cash in on the theme.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »

Goldman Sachs cuts earnings outlook for MSCI China to zero growthMSCI China tracks more than 700 China stocks listed globally, including Tencent, BYD and Industrial and Commercial Bank of China.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »