Ticker: CXD Goldman Sachs rating: Buy Free cash flow yield estimate: 3%Core inventory life estimate: 18Oil growth estimate: 13%Source: Goldman Sachs
The energy equities sector is set to bottom in 2020, according to a December note from Goldman Sachs.
Here are four energy exploration and production stocks that Goldman Sachs says investors should pick up before 2020.Energy equities are set to bottom in 2020, and that could set the stage for improved energy equity sentiment later in the year, according to a December note from Goldman Sachs. A recession or non-compliance issue aside,"It is not clear incremental OPEC cuts will be needed post ones announced earlier this month to be enacted in 1Q20," Singer wrote.
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