Goldman Sachs’ energy team released a new report this week, and the report included analysts’ recommended buys and sells in the energy sector. Here’s a breakdown of what Goldman had to say.
Midstream MLPs
Analysts believe that many midstream MLP names currently offer attractive valuations. Goldman sees continuing strong U.S. crude oil production growth of up to 700kbpd annually, and sees this production driving “liquids-levered midstream infrastructure demand.” Goldman likes gas/NGL midstream names with Permian/Bakken/Eagle Ford exposure. They recommend buying Enbridge Inc ENB 0.52%, Enterprise Products Partners L.P. EPD 0.47%, Energy Transfer Equity LP ETE 0.16%, Plains All American Pipeline, L.P. PAA 1.47%, Sunoco Logistics Partners L.P. SXL 0.95% and Western Refining Logistics LP WNRL 0.49%.
In addition, Goldman likes…
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