Goldman's Outlook For Pipelines & MLPs (SE, WMB, EPD, OKE)
In a research report released today by Goldman Sachs (NYSE: GS), the firm said to buy commodity-levered names like Spectra Energy (NYSE: SE), Williams Companies (NYSE: WMB), Enterprise Partners L.P. (NYSE: EPD), and ONEOK, Inc. (NYSE: OKE). According to Goldman, industry fundamentals are strong in natural gas liquids and gas infrastructure. The analysts recommended taking advantage of the recent pullback in commodity and energy stocks to add exposure in the sector.
Register for the LA Trader's Expo for Free Here!
During today's trading session, SE shares have fallen 0.86% to $19.51, WMB has lost 1.24% to $19.16, EPD has declined 0.62% to $32.07 and OKE is down 0.21% to $43.15. The United States Natural Gas Fund ETF (NYSE: UNG) has shed 1.28% to $6.94.
