Goldman Sachs' Brian Kinsella and his team recently met with investors and management teams from oil services and exploration and production companies, writing that sentiment for the energy sector continues to see signs of incremental improvement, thanks to a back drop of improving supply and demand--although investors are selecting their stocks carefully.
Kinsella writes that both companies and investors expect oil prices to be around $50 a barrel next year, which is at least an improvement from how things looked this summer.
Several of my Top Picks are mentioned here:
http://www.barrons.com/articles/goldman ... yptr=yahoo