It is VERY IMPORTANT that energy sector investors know the production mix of the upstream companies that they invest in. This is why I break out their production mix (oil, natural gas and NGLs) at the bottom of each Sweet 16 forecast/valuation model. - Dan
In a new Baird research report, the energy team recaps the fourth-quarter earnings results, looking for positives going forward for the balance of 2017. While many feel pricing for crude has upside, the big run and higher spending that will require cash are issues. Baird points out that the natural gas liquids (NGLs) silo of the sector proved to be the bright spot in fourth-quarter results, and the team has four stocks that are what they call “NGL-HEAVY” rated Buy. All have big upside potential, and the analysts suggest initiating or increasing exposure.
Read: http://finance.yahoo.com/news/energy-pr ... 46935.html