Our Outlook for Energy Stocks
Following our updated oil and gas mid-cycle prices, we have several 4- and 5-star stocks to recommend this quarter.
The past quarter has seen some of the air come out of oil prices, though more from fears of a weakening global economy than from any real abatement of Middle Eastern unrest. Mixed economic news from the U.S. and ongoing concerns about potential eurozone defaults, plus a slight deceleration in China's growth in recent months cast a shadow on global growth prospects.
Jason Stevens has a position in the following securities mentioned above: RRC. Find out about Morningstar’s editorial policies.