New Energy Outlook Brings Fair Values Down
After lowering our forecast for oil and gas prices, fair values across the energy sector have generally dropped, but some E&P and midstream names are reasonably valued, says Morningstar's Matt Coffina.
Jeremy Glaser: For Morningstar, I'm Jeremy Glaser. I'm here today with Matt Coffina--he is the editor of Morningstar StockInvestor newsletter. We're going to look at some notable rating changes in our equity-research universe that have occurred over the last month.
Matt, thanks for joining me.
Matthew Coffina has a position in the following securities mentioned above: XOM, EPD, NOV, SCHW, SLB. Find out about Morningstar’s editorial policies.