The Oil Price Outlook is Good for Energy Companies

Energy Select Sector SPDR Fund Stock Forecast Today12-Month Stock Price Forecast:$87.47-0.58% Downside Moderate BuyBased on 382 Analyst RatingsHigh Forecast$87.47Average Forecast$87.47Low Forecast$87.47Energy Select Sector SPDR Fund Stock Forecast DetailsThe oil price outlook is good for energy companies because it is depressed, averaging a long-term low for Q4 and at an extreme level likely to increase as the year progresses. This means the outlook for energy company earnings is likely too low and that an ...