Stifel sees several signs of an oil price rebound in 2H15, including a recent narrowing of Saudi crude price discounts to Asian buyers, slowing U.S. crude production growth, and declining consensus production estimates. It adds that the potential reward in oil exploration and production stocks is significant, given uncertainty about the outlook for oil prices. . The firm recommends that investors not wait for oil to bottom before buying high quality E&P stocks. It identifies Anadarko Petroleum Corporation (APC), Cabot Oil & Gas Corporation (COG), EOG Resources Inc. (EOG), Kodiak Oil & Gas Corp. (KOG), Noble Energy, (NBL), Rosetta Resources Inc. (ROSE). and Whiting Petroleum Corporation (WLL) as names in the sector.