Neil Mehta’s list highlights 10 oil-related and utility stocks at a normalized Brent price of $75 per barrel, with Vistra Corp ranked highest for upside potential.

The 37% projected gain for Vistra reflects expected benefits from sustained power demand, increased utilities capital expenditures and a bullish long-term oil price view.

Ongoing Middle East conflict risks maintaining elevated oil prices, which in turn supports higher electricity generation margins and strengthens Vistra’s growth outlook.