Crude oil is printing 2015 highs in prices, and some investors are starting to feel that perhaps the worst of the nine-month nightmare may be closer to being over. With some top companies in the West Texas Permian Basin starting to report better well results, the analysts at SunTrust Robinson Humphrey are becoming increasingly more positive on the stocks and the region.
In a new research report, the SunTrust team even makes the case that some of the elite firms in the Permian could report better-than-expected first-quarter results. In addition, they also think that some of these top stocks to buy could be takeover targets. We screened the SunTrust list for the top stocks to buy now, and they are: Concho Resources Inc. (NYSE: CXO), Energen Corp. (NYSE: EGN), Diamondback Energy Inc. (NASDAQ: FANG), Matador Resources Co. (NASDAQ: MTDR)
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Dan Steffens
Energy Prospectus Group
Energy Prospectus Group