With a bullish long-term price deck of $70/bbl for crude oil and $10/Mcf for natural gas — and a 2% price inflator after 2007 — investors should expect “solid stock price performance” for the “entire energy complex,” including exploration and production (E&P) companies, said Raymond James in its latest “Stat of the Week.”
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Raymond James Says ‘Robust’ Prices Sustainable
With a bullish long-term price deck of $70/bbl for crude oil and $10/Mcf for natural gas — and a 2% price inflator after 2007 — investors should expect “solid stock price performance” for the “entire energy complex,” including exploration and production (E&P) companies, said Raymond James’ energy analysts in their latest “Stat of the Week.”
May 2, 2006