Energy
Goldman Sachs Hits Oil Sector (BHI, EP, XOM, KMP, MMP, EPB, MRO, MUR, KGS, SLB)
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In a perhaps late research call in the oilpatch, Goldman Sachs has downgraded the exploration & production sector to Neutral from attractive and downgraded the oil services sector to Neutral from Attractive. Interestingly enough. in all of the downgrades for these sub-sectors there are actually some upgrades in the group. Below are some of these top calls in the sector from Goldman Sachs:
Here are the downgrades in the sectors:
Jon C. Ogg
October 13, 2008
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