2024-07-21 11:05:11 ET
Summary
- Goldman Sachs expects peak oil demand to be another decade away.
- Diamondback Energy's strategic growth in the Permian Basin positions it as a top producer with significant growth opportunities.
- FANG's efficient operations, cost-saving measures, and attractive cash return strategy make it a compelling investment in the current oil price environment.
Introduction
On July 18, I wrote an article titled "$100 Oil? XLE Is The One-Stop Shop For The Energy Bull Market."
In that article, I discussed the increasingly bullish outlook adjustments from major organizations like Goldman Sachs and OPEC....
Read the full article on Seeking Alpha
For further details see:
Looking For Energy Dividends? Don't Sleep On Diamondback Energy