Goldman Sachs says these 3 Big Oil companies 'screen as attractive'
EU Big Oil companies could "close their 40% valuation gap against their U.S. peers," the bank says, naming "attractive" stocks and giving one over 30% upside.
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EU Big Oil companies could "close their 40% valuation gap against their U.S. peers," the bank says, naming "attractive" stocks and giving one over 30% upside.
U.K. stocks edged higher on Tuesday as higher oil prices boosted energy stocks. The benchmark FTSE 100 was up 20 points, or 0.3 percent, at 7,753. BP Plc rose about 1 percent and Shell added half a percent as oil prices jumped nearly 2 percent on fears of supply disruption amid the attacks in the Red Sea region.
European stocks traded mostly higher on Tuesday after the release of mixed Chinese manufacturing data. Eurozone's PMI Manufacturing was finalized at 44.4 in December, up slightly from November's 44.
The bioenergy market size was valued at $102.5 billion in 2020, and is projected to reach $217.8 billion by 2030, growing at a CAGR of 7.6% from 2021 to 2030.
Another year, another endless news cycle driven by the world's top corporate executives, with moments ranging from cringe-worthy to downright bizarre.