Energy Prospectus

Analyst Actions: Top Stock Picks In Energy Sector - Credit Suisse 12/31 12:24 PM

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01:24 PM EST, 12/31/2013 (MT Newswires) -- Credit Suisse has cited its top picks in the Energy sector.

Taking value into account, it prefers Pioneer Natural Resources (PXD:$183.84,00$2.14,001.18%) , Noble Energy, Inc (NBL:$67.914,0$0.744,01.11%) , EOG Resources Inc (EOG:$167.28,00$-0.07,00-0.04%) , Marathon Oil Corporation (MRO:$35.209,0$0.009,00.03%) , Gulfport Energy Corporation (GPOR:$62.91,00$1.66,002.71%) , Diamondback Energy Inc (FANG:$53.55,00$1.62,003.12%) , and PDC Energy Inc (PDCE:$53.22,00$0.74,001.41%) .

Credit Suisse says gassy stocks like Range Resources Corp (RRC:$84.13,00$0.50,000.60%) "still look attractively valued: For refiners, it is market weight the Majors, but on a relative basis, Chevron Corporation (CVX:$124.82,00$0.59,000.47%) , Royal Dutch Shell plc (RDS) and Occidental Petroleum Corporation (OXY:$95.09,00$0.54,000.57%) stand out amongst the group.


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I have been meaning to take a hard look at NBL for months.

Noble Energy (NYSE: NBL ) recently stated that it expects 18% annual production growth for the next five years, resulting in 2018 production above 600,000 barrels of oil equivalent per day. Noble produced 293,000 BOE per day in the third quarter of this year, so the company expects to more than double its production in just five years.