Goldman Sachs says that EOG Resources, Pioneer Natural Resouces and Parsely Energy are well-positioned heading into 2020.
are compelling buys within the exploration and production industry given earnings sustainability within an improving macro backdrop.
"We are entering a bottoming phase for Energy equities in 2020, with potential for improving Energy equity sentiment as the year progresses resulting from lower non-OPEC supply growth outlook for 2021," Goldman analysts led by Brian Singer said.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
2020 Playbook: What to expect from the job marketCNBC's Kate Rogers reports on what to expect from the job market in 2020.
Read more »
30 Under 30 2020: Consumer TechnologySeizing the moment of a personalized digital revolution, here are the honorees of the 2020 ForbesUnder30 list in Consumer Technology:
Read more »
Brazil 2020: Will Wall Street Return?Brazil peaked in July thanks to Wall Street. It's made a stunning comeback thanks to the Brazilians. Here's how it all goes south in 2020.
Read more »
The five questions that will decide 2020 electionPresident Trump's impeachment has set the bar high for turbulence in Washington, so going into 2020 it's hard to imagine another political year like 2019, writes Julian Zelizer for CNNOpinion
Read more »
What Will Your Vibe Be In 2020?Will you give off Gym Teacher Vibes™ or Golden Retriever Vibes™?
Read more »