Goldman Sachs has identified 10 energy stocks with attractive total returns as the sector outperforms the S&P 500 by 23% this year. Elevated oil prices near $70 per barrel, driven by OAPC+ production discipline and recovering Asian demand, have created favorable conditions for energy investments with substantial upside potential.

Among the top picks, Cheniere Energy offers a 0.94% dividend with a $275 price target representing 25% upside, while EQT provides 1.14% yield with a $66 target. Viper Energy stands out with a 5.39% dividend yield, and Golar LNG offers 2.26% yield with a $56 target price suggesting 27% growth potential.

The bank's $70 Brent crude and $3.75 Henry Hub price assumptions underpin their bullish outlook, projecting ~19% average total returns across their selected energy investments. The combination of reliable dividends and growth potential makes these stocks particularly attractive in the current market environment.