BMO Capital Names Its 'defensive quality' Choices

by Paul Quintaro, Benzinga Editor

October 7, 2015 9:45 AM | 26 seconds read | Make a Comment

APC - expects another solid quarter
CXO - one of the few E&Ps able to increase spending while growing production
EOG - best positioned of E&Ps to grow in a low oil price environment
NFX - BMO expects CapEx closer to maintainence level whereby Anadarko Basin growth is offset by declines elsewhere
OXY - sizable Midstrea & Chemical businesses add to defensive character, BMO expects 5% production growth in 2016
PDCE - "defensive quality with growth attached"
XEC - poised to ramp drilling activity