Goldman Sachs bullish on four energy stocks with 22% average return amid rising oil prices.

Goldman Sachs highlights four energy stocks—Diamondback Energy, Ovintiv, Permian Resources, and Viper Energy—as strong long-term buys with an average total return of 22%. The firm supports these picks due to rising oil prices and expects normalized prices around $70-$75 per barrel by 2027-2030. These companies focus on oil and gas production primarily in the Permian Basin and offer dividends ranging from 2.11% to 4.76%. Goldman Sachs values their low costs, operational efficiency, and potential for free cash flow growth, making them attractive despite recent price rallies in the energy sector.