U.S. Markets open in 5 hrs 32 mins

Expsoure to E&Ps should be increased, says RW Baird

Robert W. Baird expects QE to be positive for oil-based, beta E&P companies. The firm identifies Kodiak Oil & Gas (KOG), Oasis Petroleum (OAS), Denbury Resources (DNR), and Pioneer Natural (PXD) as its top ideas, in roughly that order.