tag:blogger.com,1999:blog-61657682476224176402012-02-02T14:25:43.054-05:00Dripping OilUpdated news and data on oil, oil industry, oil companies, oil leaders, peak oil, oil prices, natural gas, solar, wind, heating oil, energy, electric power companies ...Garynoreply@blogger.comBlogger10271100tag:blogger.com,1999:blog-6165768247622417640.post-24866126457625937642012-02-02T08:12:00.002-05:002012-02-02T08:12:00.543-05:00Amazon.com (AMZN) Ratings, Price TargetsAmazon.com, Inc. (NASDAQ: AMZN) ratings and price targets.
Amazon.com, Inc. (AMZN) had its price target lowered by analysts at Oppenheimer from $255.00 to $234.00. They now have an “outperform” rating on the stock.
Amazon.com, Inc. had its price target lowered by Jefferies Group (NYSE:JEF) to $225.00.
Amazon.com, Inc. had its price target lowered by Deutsche Bank (NYSE:DB) to $235.00.
Thomashttp://www.blogger.com/profile/00891382755384660742noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-936203911075094742012-02-02T08:10:00.002-05:002012-02-02T08:10:00.910-05:00Marathon (MPC) (ETR) (SUN) (EEQ) (GTE) (SXC) Ratings, Price TargetsMarathon Petroleum (NYSE: MPC), Entergy Corp. (NYSE: ETR), Sunoco Incorporated (NYSE: SUN), Enbridge Energy Management, L.L.C. (NYSE: EEQ), Gran Tierra Energy Inc. (NYSE: GTE) and Suncoke Energy (NYSE: SXC) ratings and price targets.
Marathon Petroleum (MPC) was upgraded by Macquarie from a “Neutral” rating to an “Outperform” rating.
Entergy Corp. (ETR) had its “Hold” rating reiterated by Garynoreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-86148836957952795852012-02-02T08:08:00.002-05:002012-02-02T08:08:00.551-05:00Radisys (RSYS) (STX) (ISS) (AXE) (AZPN) (ANGO) Ratings, Price TargetsRadisys Corporation (NASDAQ: RSYS), Seagate (NYSE: STX), iSoftStone Holdings Ltd (NYSE: ISS), Anixter International (NYSE: AXE), Aspen Technology, Inc. (NASDAQ: AZPN) and AngioDynamics (NASDAQ: ANGO) ratings and price targets.
Radisys Corporation (RSYS) had its “Buy” rating reiterated by Needham & Company.
Seagate (STX) had its “Positive” rating reiterated by Needham & Company.
Roth Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-61148943092792083092012-02-01T08:26:00.000-05:002012-02-01T08:26:00.044-05:00Brady (BRC) (ANDE) (BCS) (BIO) (SHLM) Ratings, Price TargetsBrady Co. (NYSE: BRC), The Andersons, Inc. (NASDAQ: ANDE), Barclays Capital (NYSE: BCS), Bio-Rad Labs (NYSE: BIO) and A Schulman (NASDAQ: SHLM) ratings and price targets. The Andersons, Inc. (ANDE) was downgraded by Piper Jaffray (NYSE:PJC) from an “Overweight” rating to a “Neutral” rating. Barclays Capital (BCS) was downgraded by WestLB to a “Buy” rating. Bio-Rad Labs (BIO) was downgraded by Allenhttp://www.blogger.com/profile/14571642682593525295noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-53913185636040384062012-02-01T08:18:00.000-05:002012-02-01T08:18:00.642-05:00Viacom (VIA) (VR) (OTTR) (RSH) (ST) (VECO) Ratings, Price TargetsViacom Inc. (NYSE: VIA), Validus Holdings, Ltd. (NYSE: VR), Otter Tail Co. (NASDAQ: OTTR), RadioShack (NYSE: RSH), Sensata Tech (NYSE: ST) and Veeco Instruments Inc. (NASDAQ: VECO) ratings and price targets. Viacom Inc. (VIA) was upgraded by Miller Tabak to a “Buy” rating. Validus Holdings, Ltd. (VR) was upgraded by JPMorgan Chase & Co. (NYSE:JPM) from a “Neutral” rating to an “Overweight” Allenhttp://www.blogger.com/profile/14571642682593525295noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-40667934771148433402012-02-01T08:15:00.000-05:002012-02-01T08:15:00.362-05:00NIKE (NKE) (TCB) (TNB) (NYX) (AMCX) (BBT) Ratings, Price TargetsNIKE, Inc. (NYSE: NKE), TCF Financial Co. (NYSE: TCB), Thomas & Betts Co. (NYSE: TNB), NYSE Euronext (NYSE: NYX), AMC Networks (NASDAQ: AMCX) and BB&T (NYSE: BBT) ratings and price targets. NIKE, Inc. (NKE) was upgraded by Argus from a “Hold” rating to a “Buy” rating. They have a price target of $118.00 on the company.TCF Financial Co. (TCB) was downgraded by Morgan Stanley (NYSE:MS) to an “Allenhttp://www.blogger.com/profile/14571642682593525295noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-62313496226514796852012-02-01T08:10:00.000-05:002012-02-01T08:10:00.076-05:00Walter (WLT) (PRGN) (AMCX) (ARQL) (OKS) (REXX) Ratings, Price TargetsWalter Energy (NYSE: WLT), Paragon Shipping (NASDAQ: PRGN), AMC Networks (NASDAQ: AMCX), Arqule Inc. (NASDAQ: ARQL), Oneok Partners LP (NYSE: OKS) and Rex Energy (NASDAQ: REXX) ratings and price targets. Walter Energy (WLT) was upgraded by Sterne Agee from an “Underperform” rating to a “Neutral” rating.Paragon Shipping (PRGN) was downgraded by Cantor Fitzgerald from a “Buy” rating to a “Sell” Allenhttp://www.blogger.com/profile/14571642682593525295noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-7970199780562351252012-01-31T08:30:00.000-05:002012-01-31T08:30:00.092-05:00NuStar (NS) (AEP) (SN) (ARG) (NSC) (SOA) Ratings, Price TargetsNuStar Energy L.P. (NYSE: NS), American Electric Power (NYSE: AEP), Sanchez Energy (NYSE: SN), Airgas, Inc. (NYSE: ARG), Norfolk Southern Corp. (NYSE: NSC) and Solutia Inc. (NYSE: SOA) ratings and price targets. Jefferies Group (NYSE:JEF) reiterated its “Buy” rating on American Electric Power (AEP).Jefferies Group reiterated its “Buy” rating on Airgas, Inc. (ARG).Capital One Allenhttp://www.blogger.com/profile/14571642682593525295noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-64585045698211191872012-01-31T08:00:00.000-05:002012-01-31T08:00:02.513-05:00NextEra (NEE) (LINE) (KEG) (LPI) (OAS) (TEN) Ratings, Price TargetsNextEra Energy, Inc. (NYSE: NEE), Linn Energy, LLC (NASDAQ: LINE), Key Energy (NYSE: KEG), Laredo Petroleum Holdings (NYSE: LPI), Oasis Petroleum Inc. (NYSE: OAS) and Tenneco Inc. (NYSE: TEN) ratings and price targets. Wunderlich reiterated its “Buy” rating on Linn Energy, LLC (LINE). They have a price target of $44.00 on the company.Canaccord Genuity reiterated its “Buy” rating on Allenhttp://www.blogger.com/profile/14571642682593525295noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-27818362156988614732012-01-30T10:19:00.001-05:002012-01-30T10:19:06.801-05:00Oasis (OAS) (NRGY) (AZO) (MSI) (HFC) (LPL) Ratings, Price TargetsOasis Petroleum (NYSE:OAS), Inergy (NYSE:NRGY), AutoZone (NYSE:AZO), Motorola Solutions (NYSE:MSI), HollyFrontier (NYSE:HFC) and LG Display (NYSE:LPL) ratings and price targets.
Oasis Petroleum (OAS) was downgraded by Suntrust (NYSE:STI) from a "Buy" rating to a "Neutral" rating.
Inergy (NRGY) was downgraded by Raymond James (NYSE:RJF) from a "Market Perform" rating to an "Garynoreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-70681444591180188662012-01-30T08:01:00.000-05:002012-01-30T08:01:00.397-05:00Potash (POT) (AMZN) (CAT) (CLF) (STLD) (EXC) Ratings, Price TargetsPotash (NYSE: POT), Amazon.com (NASDAQ: AMZN), Caterpillar (NYSE: CAT), Cliffs Natural Resources (NYSE: CLF), Steel Dynamics (NASDAQ: STLD) and Exelon (NYSE: EXC) ratings and price targets. Amazon.com (AMZN) had its “Hold” rating reiterated by Needham & Company.Caterpillar (CAT) had its “Conviction Buy” rating reiterated by Goldman Sachs (NYSE:GS).Cliffs Natural Resources (CLF) had its “Allenhttp://www.blogger.com/profile/14571642682593525295noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-2415350164361812192012-01-26T11:43:00.001-05:002012-01-26T11:43:05.431-05:00Hess (HES) (HOG) (MCD) (ACM) (BA) (DGX) Ratings, Price TargetsHess (NYSE: HES), Harley-Davidson (NYSE: HOG), McDonald’s (NYSE: MCD), AECOM Technology (NYSE: ACM), The Boeing Company (NYSE: BA) and Quest Diagnostics (NYSE: DGX) ratings and price targets.
Hess (HES) had its “Outperform” rating reiterated by analysts at Oppenheimer.
Harley-Davidson (NYSE: HOG) had its “neutral” rating re-affirmed by analysts at Goldman Sachs.
McDonald’s (NYSE: MCD) had Thomashttp://www.blogger.com/profile/00891382755384660742noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-68185278315739913442012-01-25T12:44:00.001-05:002012-01-25T12:44:01.534-05:00Inergy Midstream (NRGM) Ratings, Price TargetsInergy Midstream (NASDAQ: NRGM) ratings and price targets.
Inergy Midstream L (NRGM) is now covered by Robert W. Baird. They placed an “Outperform” rating and a price target of $24.00 on the company.
Inergy Midstream is now covered by analysts at Bank of America (NYSE:BAC). They placed a “Buy” rating on the company.
Inergy Midstream is now covered by Morgan Stanley (NYSE:MS). They placed an “Garynoreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-67525608661903180972012-01-25T08:30:00.000-05:002012-01-25T08:30:00.723-05:00Texas Instruments (TXN) Ratings, Price TargetsTexas Instruments (NYSE: TXN) ratings and price targets. Texas Instruments (TXN) had its “Hold” rating reiterated by Deutsche Bank (NYSE:DB).Texas Instruments had its price target raised by Oppenheimer (NYSE:OPY) from $37.00 to $40.00. They have an “Outperform” rating on the company.Texas Instruments had its price target raised by Stifel Nicolaus from $36.00 to $38.00. They have a “Buy” rating Allenhttp://www.blogger.com/profile/14571642682593525295noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-56205548851607500982012-01-25T08:25:00.000-05:002012-01-25T08:25:00.611-05:00Western Digital (WDC) Ratings, Price TargetsWestern Digital (NYSE: WDC) ratings and price targets. Western Digital (WDC) was upgraded by Needham & Company from a “Hold” rating to a “Buy” rating. They have a price target of $41.00 on the company. Western Digital had its price target raised by Citigroup (NYSE:C) to $49.00. They have a “Buy” rating on the company.Western Digital had its price target raised by Brean Murray to $42.00.Western Allenhttp://www.blogger.com/profile/14571642682593525295noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-80765609467158065292012-01-25T08:20:00.000-05:002012-01-25T08:20:00.837-05:00Volterra Semi (VLTR) Ratings, Price TargetsVolterra Semi ratings and price targets. Volterra Semi (NASDAQ: VLTR) had its price target raised by JMP Securities from $28.00 to $31.00. They have an “Outperform” rating on the company.Volterra Semi (VLTR) had its price target raised by Piper Jaffray (NYSE:PJC) to $34.00.Volterra Semi had its price target raised by Evercore Partners to $28.00. They have an “Equal Weight” rating on the Allenhttp://www.blogger.com/profile/14571642682593525295noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-17697223120102388922012-01-25T08:15:00.000-05:002012-01-25T08:15:00.730-05:00Michael Kors (KORS) Ratings, Price TargetsMichael Kors Holdings (KORS) ratings and price targets. JPMorgan Chase & Co. (NYSE:JPM) initiated coverage on Michael Kors Holdings Ltd (KORS). They placed an “Overweight” rating on the company.Nomura (NYSE:NMR) initiated coverage on Michael Kors Holdings Ltd. They placed a “Buy” rating on the company.Goldman Sachs (NYSE:GS) initiated coverage on Michael Kors Holdings Ltd. They placed a “Buy” Allenhttp://www.blogger.com/profile/14571642682593525295noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-66994500055777194042012-01-25T08:10:00.000-05:002012-01-25T08:10:00.471-05:00VMware (VMW) Ratings, Price TargetsVMware, Inc. (NYSE: VMW) ratings and price targets. VMware, Inc. (VMW) had its “Hold” rating reiterated by Jefferies Group (NYSE:JEF).VMware, Inc. had its “Neutral” rating reiterated by Nomura (NYSE:NMR).VMware, Inc. had its “Market Perform” rating reiterated by Morgan Keegan. They have a price target of $95.00 on the company.VMware, Inc. had its “Sell” rating reiterated by Citigroup (NYSE:C). Allenhttp://www.blogger.com/profile/14571642682593525295noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-10707885565969618322012-01-25T08:00:00.000-05:002012-01-25T08:00:03.503-05:00Texas Instruments (TXN) Ratings, Price TargetsTexas Instruments (NYSE: TXN) ratings and price targets. Texas Instruments (TXN) had its “Hold” rating reiterated by Canaccord Genuity.Texas Instruments had its “Neutral” rating reiterated by Sterne Agee.Texas Instruments had its “Reduce” rating reiterated by Nomura (NYSE:NMR).Texas Instruments had its “Buy” rating reiterated by Jefferies Group (NYSE:JEF).Allenhttp://www.blogger.com/profile/14571642682593525295noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-78520564734118643492012-01-24T13:41:00.001-05:002012-01-24T13:41:36.607-05:00Laredo Petroleum (NYSE: LPI) Ratings, Price TargetsLaredo Petroleum Holdings (NYSE: LPI) ratings and price targets.
Goldman Sachs (NYSE:GS) initiated coverage on Laredo Petroleum Holdings (LPI). They placed a “Buy” rating and a price target of $28.00 on the company.
Bank of America (NYSE:BAC) initiated coverage on Laredo Petroleum Holdings (LPI). They placed a “Buy” rating on the company.
JPMorgan Chase & Co. (NYSE:JPM) initiated Garynoreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-64637806881923214512012-01-24T13:23:00.001-05:002012-01-24T13:23:57.178-05:00Halliburton (HAL) Ratings, Price TargetsHalliburton (NYSE: HAL) ratings and price targets.
Halliburton (HAL) had its price target raised by Dahlman Rose from $58.00 to $64.00. They have a “Buy” rating on the company.
Halliburton had its price target lowered by Credit Suisse (NYSE:CS) to $54.00. The have an “Outperform” rating on the company.
Halliburton had its price target lowered by Morgan Keegan to $43.00.
Halliburton had Garynoreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-8739077849173416612012-01-24T08:00:00.000-05:002012-01-24T08:00:06.089-05:00Sanchez Energy (SN) Ratings, Price TargetsSanchez Energy (NYSE: SN) ratings and price targets. Sanchez Energy (SN) is getting new coverage from Canaccord Genuity. They placed a “Buy” rating and a price target of $33.00 on the company.Sanchez Energy is getting new coverage from analysts at Macquarie. They placed an “Outperform” rating and a price target of $28.00 on the company.Sanchez Energy is getting new coverage from Stifel Nicolaus. Allenhttp://www.blogger.com/profile/14571642682593525295noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-67500560671540721432012-01-23T13:27:00.000-05:002012-01-23T13:27:04.502-05:00Peabody (BTU) (RDS.A) (FST) (COP) (SLB) (SWN) Ratings, Price TargetsPeabody Energy Corp. (NYSE: BTU), Royal Dutch Shell (NASDAQ: RDS.A), Forest Oil Co. (NYSE: FST), ConocoPhillips (NYSE: COP), Schlumberger (NYSE: SLB) and Southwestern Energy (NYSE: SWN) ratings and price targets.
ING Group initiated coverage on Royal Dutch Shell (RDS.A). They placed a “Buy” rating on the company.
Peabody Energy Corp. (BTU) had its price target lowered by Howard Weil from Garynoreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-42338111106450372572012-01-23T10:45:00.001-05:002012-01-23T10:45:07.822-05:00Conoco (COP) (MMR) (CLR) (FST) (RTI) (TIE) Ratings, Price TargetsConocoPhillips (COP), McMoRan Exploration (MMR), Continental Resources (CLR), Forest Oil (FST), RTI International Metals (RTI) and Titanium Metals (TIE) ratings and price targets.
ConocoPhillips (COP) was downgraded by UBS (NYSE:UBS) from a "Neutral" rating to a "Sell" rating.
McMoRan Exploration (MMR) was downgraded by JPMorgan (NYSE:JPM) from a "Neutral" rating to an "Underweight" rating.Garynoreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-85095506938947726142012-01-23T08:09:00.000-05:002012-01-23T08:09:00.933-05:00Yingli (YGE) (BRY) (OAS) (STP) (TAT) (TNP) (FSLR) Ratings, Price TargetsYingli Green Energy Hold. Co. Ltd. (NYSE: YGE), Berry Petroleum (NYSE: BRY), Oasis Petroleum (NYSE: OAS), Suntech Power (NYSE: STP), Transatlantic Petroleum Limited (NYSE: TAT), Tsakos Energy Navigation (NYSE: TNP) and First Solar (NASDAQ: FSLR) ratings and price targets. Berry Petroleum (BRY) was upgraded by Wells Fargo & Co. (NYSE:WFC) from a “Market Perform” rating to an “Outperform” Allenhttp://www.blogger.com/profile/14571642682593525295noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-22994371430075547802012-01-20T12:29:00.001-05:002012-01-20T12:29:11.729-05:00Orbitz (OWW) (RSH) (TOL) (TSCDY) (GLNG) (SMG) Ratings, Price TargetsOrbitz Worldwide, Inc. (NYSE: OWW), RadioShack (NYSE: RSH), Toll Brothers, Inc. (NYSE: TOL), Tesco PLC (NASDAQ: TSCDY), Golar LNG Limited (NASDAQ: GLNG) and Scotts Miracle-Gro (NYSE: SMG) ratings and price targets.
RadioShack (RSH) was downgraded by Credit Suisse (NYSE:CS) from a “Neutral” rating to an “Underperform” rating. They have a price target of $8.00 on the company.
Toll Brothers, IncGarynoreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-73571319573249541822012-01-20T08:00:00.002-05:002012-01-20T08:00:03.758-05:00Oasis (OAS) (CHK) (BTU) (CLD) (HERO) (KMP) (NOV) Ratings, Price TargetsOasis Petroleum Inc. (NYSE: OAS), Chesapeake Energy (NYSE: CHK), Peabody Energy Corp. (NYSE: BTU), Cloud Peak Energy (NYSE: CLD), Hercules Offshore, Inc. (NASDAQ: HERO), Kinder Morgan Energy Partners LP (NYSE: KMP) and National-Oilwell Varco, Inc. (NYSE: NOV) ratings and price targets.
Oasis Petroleum Inc. (OAS) was downgraded by UBS AG (NYSE:UBS) from a “Buy” rating to a “Neutral” rating. They Garynoreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-54898468558709051952012-01-18T16:30:00.001-05:002012-01-18T16:30:19.665-05:00NRG (NRG) (NVE) (RRMS) (SRE) (XEL) (GMXR) Ratings, Price TargetsNRG Energy, Inc. (NYSE: NRG), NV Energy (NYSE: NVE), Rose Rock Midstream (NASDAQ: RRMS), Sempra Energy (NYSE: SRE), Xcel Energy (NYSE: XEL) and GMX Resources (NASDAQ: GMXR) ratings and price targets.
Morgan Stanley (NYSE:MS) initiated coverage on NRG Energy, Inc. (NRG). They placed an “Overweight” rating on the company.
Morgan Stanley initiated coverage on NV Energy (NVE). They placed an “Garynoreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-51291338714206756332012-01-18T13:06:00.001-05:002012-01-18T13:06:59.155-05:00Chesapeake Energy (CHK) Ratings, Price TargetsChesapeake Energy (NYSE: CHK) ratings and price targets.
Chesapeake Energy (CHK) was downgraded by Pritchard from a “Buy” rating to a “Neutral” rating.
Chesapeake Energy was downgraded by Brean Murray from a “Buy” rating to a “Hold” rating. They have a price target of $43.00 on the company.
Chesapeake Energy was downgraded by Brean Murray Carret & Co. from a “Buy” rating to a “Hold” rating. Garynoreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-57922630081676840702012-01-17T13:05:00.002-05:002012-01-17T13:05:19.897-05:00Exxon (XOM) (NSU) (ERF) (RDS-A) (HES) (CPNO) (PTEN) Ratings, Price TargetsExxon Mobil (NYSE: XOM), Nevsun Resources Ltd (NYSE: NSU), Enerplus Resources Fund (NYSE: ERF), Royal Dutch Shell (NASDAQ: RDS-A), Hess (NYSE: HES), Copano Energy, L.L.C. (NASDAQ: CPNO) and Patterson-UTI (NASDAQ: PTEN) ratings and price targets.
Nevsun Resources Ltd (NSU) was downgraded by Canaccord Genuity from a “Buy” rating to a “Hold” rating.
Enerplus Resources Fund (ERF) was downgraded Garynoreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-49693433251041712232012-01-17T12:41:00.001-05:002012-01-17T12:41:05.913-05:00Anadarko (APC) (CHK) (RIG) (CNX) (WLT) (GGC) Ratings, Price TargetsAnadarko Petroleum (NYSE: APC), Chesapeake Energy (NYSE: CHK), Transocean (NYSE: RIG), CONSOL Energy Inc. (NYSE: CNX), Walter Energy (NYSE: WLT) and Georgia Gulf (NYSE: GGC) ratings and price targets.
Anadarko Petroleum (APC) had its “Buy” rating reiterated by Canaccord Genuity.
Chesapeake Energy (CHK) had its “Buy” rating reiterated by Canaccord Genuity.
Transocean (RIG) had its “Buy” rating Garynoreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-45609861910148877032012-01-13T13:23:00.002-05:002012-01-13T13:23:53.144-05:00Xcel Energy (XEL) (WEC) (PGH) (PWE) (EXC) (HE) Ratings, Price TargetsXcel Energy Inc. (NYSE: XEL), Wisconsin Energy (NYSE: WEC), Pengrowth Energy Trust (NYSE: PGH), Penn West Energy Trust (NYSE: PWE), Exelon Co. (NYSE: EXC) and Hawaiian Electric (NYSE: HE) ratings and price targets.
Wisconsin Energy (WEC) was downgraded by Robert W. Baird from an “Outperform” rating to a “Neutral” rating. They have a price target of $35.00 on the company.
RBC Capital Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-28422177296759924702012-01-13T13:03:00.002-05:002012-01-13T13:03:42.706-05:00Chevron (CVX) (UPL) (EXC) (SO) (IMO) (OIS) Ratings, Price TargetsChevron (NYSE: CVX), Ultra Petroleum (NYSE: UPL), Exelon (NYSE: EXC), Southern (NYSE: SO), Imperial Oil (NYSE: IMO) and Oil States International (NYSE: OIS) ratings and price targets.
Ultra Petroleum (UPL) was downgraded by Stifel Nicolaus from a “Buy” rating to a “Hold” rating.
Chevron (CVX) had its price target raised by Oppenheimer (NYSE:OPY) from $120.00 to $130.00. They have an “OutperformRayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-76484006484864156852012-01-12T13:35:00.002-05:002012-01-12T13:35:34.140-05:00Oasis (OAS) (TSCO) (EIX) (CVX) (BEN) (SXC) Ratings, Price TargetsOasis Petroleum Inc. (NYSE: OAS), Tractor Supply Co. (NASDAQ: TSCO), Edison International (NYSE: EIX), Chevron (NYSE: CVX), Franklin Resources, Inc. (NYSE: BEN) and Suncoke Energy Inc. (NYSE: SXC) ratings and price targets.
Tractor Supply Co. (TSCO) had its “Buy” rating reiterated by Bank of America (NYSE:BAC).
Edison International (EIX) had its price target raised by Ticonderoga from Garynoreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-16012092165344530252012-01-12T13:04:00.001-05:002012-01-12T13:04:43.154-05:00BP (BP) (EOG) (BRY) (YGE) (STP) (QEP) Ratings, Price TargetsBP PLC (NYSE: BP), EOG Resources (NYSE: EOG), Berry Petroleum (NYSE: BRY), Yingli Green Energy Hold. Co. Ltd. (NYSE: YGE), Suntech Power (NYSE: STP) and QEP Resources (NYSE: QEP) ratings and price targets.
EOG Resources (EOG) was upgraded by Tudor Pickering from an “Accumulate” rating to a “Buy” rating.
BP PLC (BP) was upgraded by Jefferies Group (NYSE:JEF) from a
“Hold” rating to a “Buy” Garynoreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-15425973526674211622012-01-06T08:02:00.000-05:002012-01-06T08:02:01.641-05:00Devon (DVN) (CHK) (NSC) (ED) (CEG) (EMR) Ratings, Price TargetsDevon Energy Co. (NYSE: DVN), Chesapeake Energy (NYSE: CHK), Norfolk Southern Corp. (NYSE: NSC), Consolidated Edison, Inc. (NYSE: ED), Constellation Energy Group (NYSE: CEG) and Emerson Electric Co. (NYSE: EMR) ratings and price targets. Chesapeake Energy (CHK) is now covered by Bank of America (NYSE:BAC). They have a “Buy” rating on the company.Norfolk Southern Corp. (NSC) was upgraded by UBS AGAllenhttp://www.blogger.com/profile/14571642682593525295noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-38754463027832059732012-01-05T08:02:00.000-05:002012-01-05T08:02:00.499-05:00Concho (CXO) (VOC) (GDP) (SD) (WTI) (XEC) Ratings, Price TargetsConcho Resources Inc. (NYSE: CXO), VOC Energy Trust (NYSE: VOC), Goodrich Petroleum Co. (NYSE: GDP), SandRidge Energy Inc. (NYSE: SD), W&T Offshore, Inc. (NYSE: WTI) and Cimarex Energy Co. (NYSE: XEC) ratings and price targets. VOC Energy Trust (VOC) was upgraded by Oppenheimer from a “Perform” rating to an “Outperform” rating. They have a price target of $25.00 on the company.Concho Resources Allenhttp://www.blogger.com/profile/14571642682593525295noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-84267484017483476752012-01-04T08:02:00.000-05:002012-01-04T08:02:00.899-05:00Exelon (EXC) (EROC) (AMAT) (NBL) (WPX) (PSE) (JOY) (ED) (GXP) (SO) Ratings, Price TargetsExelon Co. (NYSE: EXC), Eagle Rock Energy Partners (NASDAQ: EROC), Applied Materials, Inc. (NASDAQ: AMAT), Noble Energy (NYSE: NBL), WPX ENERGY INC. (NYSE: WPX), Pioneer Southwest Energy (NYSE: PSE), Joy Global Inc. (NYSE: JOY), Consolidated Edison, Inc. (NYSE: ED), Great Plains Energy (NYSE: GXP) and Southern Co (NYSE: SO) ratings and price targets. Eagle Rock Energy Partners (EROC) was Allenhttp://www.blogger.com/profile/14571642682593525295noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-37506915341675067792011-10-25T11:06:00.001-04:002011-10-25T11:06:16.102-04:00Schlumberger (SLB) (APD) (HON) (AMZN) Price Targets, RatingsSchlumberger (NYSE: SLB), Air Products & Chemicals, Inc. (NYSE: APD), Honeywell International Inc. (NYSE: HON) and Amazon.com, Inc. (NASDAQ: AMZN) had new ratings reiteration and price targets adjusted by analysts.
Schlumberger (SLB) had its price target lowered by Morgan Keegan to $90.00.
Air Products & Chemicals, Inc. (APD) had its price target lowered by Jefferies (NYSE:JEF) to $101.00.
Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-79462470491349515362011-10-24T10:45:00.002-04:002011-10-24T10:45:42.089-04:00Newfield (NFX) (ALTR) (BAX) (FSL) (MXIM) (INFA) (ESI) Price Targets ChangedNewfield Exploration Co. (NYSE: NFX), Altera (NASDAQ: ALTR), Baxter International Inc. (NYSE: BAX), Freescale Semi (NYSE: FSL), Maxim Integrated Products Inc. (NASDAQ: MXIM), Informatica Co. (NASDAQ: INFA) and ITT Educational Services Inc. (NYSE: ESI) had price targets on them adjusted by analysts.
Newfield Exploration Co. (NFX) had its price target lowered by Jefferies (NYSE:JEF) to $44.00.
Garynoreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-57018500371276101102011-10-20T12:42:00.001-04:002011-10-20T12:42:41.821-04:00Juniper (JNPR) (INTC) (CREE) (HOG) (HSP) (ISRG) Price Targets ChangedJuniper Networks (NASDAQ: JNPR), Intel (NASDAQ: INTC), Cree, Inc. (NASDAQ: CREE), Harley-Davidson, Inc. (NYSE: HOG), Hospira, Inc. (NYSE: HSP) and Intuitive Surgical, Inc. (NASDAQ: ISRG) had their price targets adjusted by analysts.
Juniper Networks (JNPR) had its price target lowered by Credit Suisse (NYSE:CS) to $25.00. They have a “Neutral” rating on the company.
Intel (NASDAQ: INTC) had Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-86115637680452766662011-10-20T09:00:00.000-04:002011-10-20T09:00:12.390-04:00Halliburton (HAL) (AAPL) (INTC) (YHOO) (JNJ) (JNPR) Ratings and PTsHalliburton (NYSE: HAL), Apple, Inc (NASDAQ: AAPL), Intel (NASDAQ: INTC), Yahoo! Inc. (NASDAQ: YHOO), Johnson & Johnson (NYSE: JNJ) and Juniper Networks (NASDAQ: JNPR) ratings and reiterations. Halliburton (NYSE: HAL) had its price target lowered by Miller Tabak to $55.00. They have a “Buy” rating on the company.JPMorgan Chase & Co. reiterated its “Overweight” rating on Apple, Inc (AAPL). LazardAllenhttp://www.blogger.com/profile/14571642682593525295noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-49119110387623203682011-10-18T14:06:00.000-04:002011-10-18T14:06:02.471-04:00BP (BP) Keeps Moody (MCO) Rating After Settling with Anadarko (APC)After BP's (NYSE:BP) settlement with Anadarko (NYSE:APC), Moody's (NYSE:MC) said it is maintaining its A2 rating and stable outlook on the company.
Moody's Senior Credit Officer Francois Lauras said, "Clearly the settlement falls short of a full pro-rata recovery of the costs already incurred or provided for by BP in connection with the Macondo accident. Nevertheless, it is within the range of Garynoreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-41691743829061929802011-10-18T12:49:00.000-04:002011-10-18T12:50:59.687-04:00Brigham (BEXP) (EP) (PNY) (GXP) (LKQX) (LPX) Ratings ChangesBrigham Exploration (NASDAQ: BEXP), El Paso Corporation (NYSE: EP), Piedmont Natural Gas (NYSE: PNY), Great Plains Engy (NYSE: GXP), LKQ Co. (NASDAQ: LKQX) and Louisiana-Pacific Co. (NYSE: LPX) had ratings on them adjusted by analysts. Brigham Exploration (BEXP) was downgraded by BMO Capital Markets from an “Outperform” rating to a “Market Perform” rating. They have a price target of $37.00 on Allenhttp://www.blogger.com/profile/14571642682593525295noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-86011946127634318292011-10-17T11:30:00.000-04:002011-10-17T11:30:12.531-04:00Anadarko (APC) Pays BP (BP) $4 BillionFor its part in the Gulf oil spill, Anadarko Petroleum (NYSE:APC) has agreed to pay BP (NYSE:BP) $4 billion, higher than the $2.66 billion analysts had been looking for.
Also of importance for BP, Anadarko also agreed to drop its gross negligence charge against the oil giant.
Expectations are this will put pressure on Transocean (NYSE:RIG) and Halliburton (NYSE:HAL) to settle with BP.
BP Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-72745526924458846852011-10-17T08:00:00.000-04:002011-10-17T08:00:00.109-04:00BP (BP) Expanding North Sea OilfieldsBP (NYSE:BP) has been given permission to invest about £4bn in the North Sea off of Shetland in order to develop a giant oil field.
British Prime Minister David Cameron supports the effort saying, "We should be looking to try and make these things happen rather than ruling them out."'
"There are some people who you will never reassure, who quite frankly would probably prefer we weren't Garynoreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-69524448775710096672011-10-14T08:00:00.000-04:002011-10-14T08:00:13.547-04:00BP (BP) Cleared to Bid on Gulf LeasesSaying BP (NYSE:BP) doesn't "have a deeply flawed record offshore," the energy giant was cleared to bid on the next round of leases offered in the Gulf of Mexico in December.According to Michael Bromwich, who heads up the Bureau of Safety and Environmental Enforcement, it wouldn't be appropriate to keep BP from acquiring new leases to drill offshore in the Gulf.Bromwich said this at the hearing: Allenhttp://www.blogger.com/profile/14571642682593525295noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-69946559947333815712011-10-13T12:19:00.002-04:002011-10-13T12:19:34.986-04:00BP (BP) (HAL) (RIG) Receive CitationsBP (NYSE:BP), Halliburton (NYSE:HAL) and Transocean (NYSE:RIG) received citations from officials for the first time, confirming the companies will ultimately be fined for the oil spill in the Gulf of Mexico.
This isn't a surprise with BP, but under normal circumstances, contractors like Halliburton and Transocean would have avoided being liable in the accident, generating consternation in the Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-73745406217767292012011-07-14T08:00:00.002-04:002011-07-14T08:00:19.014-04:00Netflix (NFLX) (LRCX) (AAPL) (BRCM) (CPB) Price Targets ChangedNetflix, Inc. (NASDAQ: NFLX), Lam Research Co. (NASDAQ: LRCX), Apple, Inc (NASDAQ: AAPL), Broadcom Corp (NASDAQ: BRCM) and Campbell Soup Company (NYSE: CPB) had price targets adjusted by analysts.
BMO Capital Markets boosted its price target on Netflix, Inc. (NFLX) to $280.00. They have a “Market Perform” rating on the company.
UBS AG (NYSE:UBS) slashed its price target on Lam Research Co. (Thomashttp://www.blogger.com/profile/00891382755384660742noreply@blogger.com1tag:blogger.com,1999:blog-6165768247622417640.post-6074236339656422642011-06-02T08:25:00.001-04:002011-06-02T08:25:00.227-04:00Ex-Dividend for (APC) (GES) (KSS) (LUV) (PDLI) (AEE) is June 6The ex-dividend date for Ameren Corporation (NYSE:AEE) Anadarko Petroleum Corp. (NYSE:APC), Guess (NYSE:GES), Kohl's (NYSE:KSS), Southwest Airlines (NYSE:LUV) and PDL BioPharma Inc. (NASDAQ:PDLI) is June 6.Ameren Corporation pays a dividend of $0.39 with a yield of 5.22 percent.Anadarko Petroleum Corp. pays a dividend of $0.09 with a yield of 0.47 percent. Guess Inc. pays a dividend of $0.20 withAllenhttp://www.blogger.com/profile/14571642682593525295noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-60456855030550123382011-06-01T08:00:00.000-04:002011-06-01T08:00:15.500-04:00BP (BP) (RDS-A) (JKS) (LDK) (LECO) Get Ratings, Price Target ChangesRatings and/or price targets on shares of BP (NYSE:BP), Royal Dutch Shell (NYSE:RDS.A), JinkoSolar Holding Co., Ltd. (NYSE: JKS), LDK Solar (NYSE: LDK) and Lincoln Electric Holdings Inc (NASDAQ: LECO) were initiated or changed by analysts.RBC Capital initiated coverage on BP (BP), starting them off with an "Outperform" rating.Royal Dutch Shell (RDS.A) was initiated with a "Top Pick" rating at RBCAllenhttp://www.blogger.com/profile/14571642682593525295noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-53545049162708612342011-05-27T08:01:00.002-04:002011-05-27T08:01:00.970-04:00Petrobras (PBR) (APC) (RIG) (RDS-A) (CAM) Jump While Oil Futures Pull BackPetrobras (NYSE:PBR), Anadarko (NYSE:APC), Transocean (NYSE:RIG), Royal Dutch Shell (NYSE:RDS-A) and Cameron International (NYSE:CAM) all closed up Thursday, bucking the trend of oil futures pulling back after climbing over $101 a barrel on Wednesday.
Obama's economy continues to crumble as first-time unemployment claims surged by close to 10,000, exploding past the anticipated decline of 4,000 Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-49729047940085803362011-05-26T14:05:00.000-04:002011-05-26T14:07:10.750-04:00Chevron's (CVX) Downstream Business UnimpressiveThe fact that Chevron (NYSE:CVX) had its "Buy" rating from Jefferies (NYSE:JEF) reiterated on them today isn't because of its downstream refinery business, as margins are anemic in comparison to its upstream oil and natural gas production business.That's not to say there isn't substantial revenue in the refined products business of Chevron, as the company could have sold as much as $100 billion Allenhttp://www.blogger.com/profile/14571642682593525295noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-92039887518558632882011-05-26T08:03:00.000-04:002011-05-26T08:03:00.077-04:00BP (BP) (MRO) (RDS-A) End Positive on $100 OilShares of BP (NYSE:BP), Marathon Oil (NYSE:MRO) and Shell (NYSE:RDS-A) ended the session up as oil prices gained the $100 a barrel mark for the first time this week. Light sweet crude oil for July delivery was up $1.73 to settle at $101.32 a barrel and July Brent crude jumped $2.40 to settle at $114.93. Also aiding oil prices was a Department of Energy report on Wednesday saying U.S. commercial Allenhttp://www.blogger.com/profile/14571642682593525295noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-34285632691808978352011-05-25T13:14:00.002-04:002011-05-25T13:14:41.844-04:00Quicksilver Resources (KWK) Gets Rating Boost from MLV CapitalAnalysts at McNicoll Lewis & Vlak Capital raised their rating on Quicksilver Resources Inc (NYSE: KWK) from a "Hold" to a "Buy," with a price target of $17.50 on the company.
"We recently met with management of Quicksilver Resources, and feel confident that 2011 is a year of transition for the Company. As we review our RNAV, we believe KWK shares are getting zero value for its potentially game Garynoreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-4468929127342686822011-05-25T08:10:00.002-04:002011-05-25T08:10:00.324-04:00Exxon (XOM) (BP) (COP) Close Up on Oil Price OutlookShares of oil companies like Exxon Mobil (NYSE:XOM), BP (NYSE:BP) and ConocoPhillips all closed up Tuesday as analysts boosted their outlook on the price of Brent crude.
Morgan Stanley (NYSE:MS) increased its Brent crude projection, noting stronger demand and supply problems related to Libyan production. The brokerage lifted its 2011 Brent crude price projection from $100 to $120 a barrel a Thomashttp://www.blogger.com/profile/00891382755384660742noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-67715214057392028042011-05-24T08:01:00.002-04:002011-05-24T08:01:00.290-04:00Kinder Morgan (KMP) Gets Fueled by Janney Montgomery ScottAnalysts from Janney Montgomery Scott gave some fuel to Kinder Morgan Energy Partners LP (NYSE: KMP), initiating coverage on them with a "Buy" rating.
The "Buy" rating did little for Kinder Morgan Monday, as the market wasn't too interested in the company, with volume down almost 20 percent from the 3-month daily average.
The stock also traded in a tight range of $72.71 - $73.36.
Shares of Garynoreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-53041885223587243752011-03-12T23:47:00.000-05:002011-03-12T23:47:30.424-05:00More Domestic Oil Drilling Needed Say RepublicansThe United States is too reliant on foreign oil and should expand domestic drilling, Sen. Lisa Murkowski, R-Alaska, said in the party's weekly address Saturday.
The average price for a gallon of regular gas in the country has risen by 40 cents to $3.50 in the past month, and Murkowski, the lead Republican member of the Senate Energy and Natural Resources Committee, said President Barack Obama's Garynoreply@blogger.com2tag:blogger.com,1999:blog-6165768247622417640.post-74070883596594721972011-01-10T08:00:00.000-05:002011-01-10T08:00:09.126-05:00Carrizo Oil & Gas (NASDAQ:CRZO) Struggling with Barnett ShaleCarrizo Oil & Gas (NASDAQ:CRZO) looks like it is priced where it should be, according to Wells Fargo (NYSE:WFC), who says they face ongoing challenges in the Barnett.Wells said, "It may be short term, but currently clouding our view of the company’s ability to execute are infrastructure and takeaway challenges in the Barnett, but more importantly in the Eagle Ford. At the current share price, we Allenhttp://www.blogger.com/profile/14571642682593525295noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-69994762423442092662010-12-20T08:15:00.000-05:002010-12-20T08:15:00.523-05:00Energy XXI (Nasdaq:EXXI) Closes Exxon (NYSE:XOM) DealEnergy XXI (EXXI) announced they have closed the deal with ExxonMobil (NYSE:XOM), where the acquired natural gas and shallow water shelf oil in the Gulf of Mexico from them.
They said in a press release:
"Pro forma for the acquisition, estimated proved plus probable reserves increase 72 percent to 158.1 million BOE from 92.1 million BOE at the company's June 30, 2010 fiscal year end. Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-43247681705179901112010-12-20T08:00:00.002-05:002010-12-20T08:00:06.896-05:00Xcel Energy (NYSE:XEL) Files for Gas Rate IncreaseXcel Energy Inc. (NYSE:XEL) announced it has filed for permission to raise gas rates in Colorado by 3 percent, equal to about a $27.5 million increase.
If the rate request is approved, small business and residential customers will have their bills increase by 3 percent rate mentioned above.
Reasons for the request, according to Excel, are to recover investments made to maintain and operate Garynoreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-2953821094351742532010-12-09T08:00:00.002-05:002010-12-09T08:00:11.631-05:00MarkWest (NYSE:MWE) Potential Distribution Growth from 5-7 PercentEven though MarkWest Energy (NYSE:MWE) hasn't grown distribution since 2008, Barclays (NYSE:BCS) sees them growing at a 5-7 percent rate over the next three years, generating a return of 12 to 14 percent.
Barclays said, "MWE reported strong Q3 results above our estimates and raised guidance for 2010. MWE also established 2011 DCF guidance that implies 1.4x coverage based on current distribution.Garynoreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-85176449667461158432010-12-08T13:30:00.001-05:002010-12-08T13:30:49.050-05:00El Paso Pipeline (NYSE:EPB) EPS Estimates Upped on Recent TransactionsEl Paso Pipeline (NYSE:EPB) had its EPS estimates raised by Barclays (NYSE:BCS) on the recent completion of acquisitions of Southern LNG Company and Elba Express Company. Barclays said, "We are updating our earnings estimates and distribution outlook in conjunction with our recent revisions to our EP forecast. Our new model reflects the recent transaction in which EPB acquired the remaining 49% Allenhttp://www.blogger.com/profile/14571642682593525295noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-21865275460831026472010-12-06T08:00:00.002-05:002010-12-06T08:00:02.181-05:00ExxonMobil (NYSE:XOM) Blocked in Oil Terminal SaleExxonMobil (NYSE:XOM) has again been blocked by the Australian Competition & Consumer Commission over its attempt to sell their share in a fuel terminal located at the port of Gladstone in Queensland.
The regulator said, "The ACCC's preliminary view is that the proposed acquisition is likely to substantially lessen competition in the market for the supply of import-capable petrol and diesel Garynoreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-23395357060035287782010-12-01T12:33:00.000-05:002010-12-01T12:34:05.285-05:00BP (NYSE:BP) Oil Spill Results in 7-Year Ban on Eastern GulfNews has leaked that Obama will impose and/or continue a 7-year ban on drilling in the eastern part of the Gulf of Mexico in response to the BP (NYSE:BP) oil spill.The announcement should officially come from Ken Salazar sometime soon.This is a continuation of the assault upon drilling for oil of the coast of the United States, and in essence keeping the oil moratorium going, even though it has Allenhttp://www.blogger.com/profile/14571642682593525295noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-366769038571636392010-11-23T12:34:00.000-05:002010-11-23T12:35:03.938-05:00Hess (NYSE:HES) Expands Bakken Holdings at Bargain PriceHess Corp. (NYSE:HES) enlarged its holdings in the Bakken shale, acquiring an additional 167,000 acres at a bargain price of $4,500 an acre. "HES agreed to acquire 167,000 net acres in the Bakken shale play from privately held TRZ Energy for $1.05 billion in cash, or an attractive price of -$4,500/acre after adjusting for 4.4 MBoed of production. This is well below the $8,500/acre price paid by Thomashttp://www.blogger.com/profile/00891382755384660742noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-38769188425306481442010-11-23T08:01:00.000-05:002010-11-23T08:01:00.860-05:00UBS (NYSE:UBS) Reiterates "Neutral" Rating on Willbros (NYSE:WG)UBS (NYSE:UBS) sees challenges ahead for Willbros Group (NYSE:WG), as there are little catalysts to boost the company in the short term. Consequently they maintain their "Neutral" rating on them at this time.UBS said, "WG reduced 2010 rev guidance to $1.1-$1.2b, from $1.2-$1.3b, due to weak T&D. EPS guidance was raised to $0.25-$0.30, but includes the earnout contingency reversal benefit we Allenhttp://www.blogger.com/profile/14571642682593525295noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-51700149933164234442010-11-15T08:00:00.000-05:002010-11-15T08:00:00.605-05:00BP (NYSE:BP) Surpasses $500 Million in Gulf Oil Spill CostsAccording to reports from congressional auditors, BP Plc (NYSE:BP) has now paid out over $500 million for costs related to the cleanup of the Gulf of Mexico after the oil spill starting from the explosion on the Deepwater Horizon oil rig.This shouldn't be confused with the Gulf Coast Claims Facility, which is the one run by Kenneth Feinberg and has paid out far more than the over $500 million Thomashttp://www.blogger.com/profile/00891382755384660742noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-71591063381184023012010-11-12T08:00:00.000-05:002010-11-12T08:00:16.122-05:00Jindal Blasts Obama over BP (NYSE:BP) Oil Spill in BookIn a book released by Louisiana Governor Bobby Jindal named "Leadership and Crisis," he blasted Barack Obama for being more concerned about his image than he was about fixing the problems associated with the BP (NYSE:BP) oil spill.
Jindal called the response of the Federal Government "lackadaisical" in the book, repeating what he said many times in press conferences during the oil crisis.
"TheGarynoreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-69278315501967056752010-11-11T08:00:00.002-05:002010-11-11T08:00:06.223-05:00BP's (NYSE:BP) Well Has Commemoration Star for 11 Workers KilledAfter another round of testing to ensure the BP (NYSE:BP) well was completely plugged, a cap of a star with 11 points on it was placed on the well in remembrance of the 11 workers who lost their lives when the Deepwater oil rig exploded.
U.S. Coast Guard Rear Admiral Paul Zukunft said the cap was installed on November 8 after final testing was completed.
Zukunft added that cleanup efforts Garynoreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-18585317657250449772010-11-10T08:05:00.002-05:002010-11-10T08:05:00.576-05:00Chevron (NYSE:CVX) Acquiring Atlas Energy (NASDAQ:ATLS) for $4.3 BillionAn agreement between Chevron Corporation (NYSE:CVX) and Atlas Energy, Inc. (NASDAQ:ATLS) was announced Tuesday where Chevron will acquire Atlas for $4.3 billion. The amount paid for Atlas will include debt.
The offer will equal a value of $43.34 a share for Atlas shareholders, a premium of 37 percent over the 'November 8' close of Atlas.
Shareholders in Atlas will receive $38.25 in cash for Garynoreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-51052207761245993022010-11-09T08:00:00.000-05:002010-11-09T08:00:10.515-05:00Oil States (NYSE:OIS) Expanding on Several FrontsOil States International Inc. (NYSE:OIS) had excellent results in the third quarter, and has the foundation laid to launch a successful expansion strategy in multiple areas."Solid 3Q results across all segments drove the 3Q upside surprise. Looking ahead, we expect strength in North America, growth in the Oil Sands Accommodations business, the addition of "The MAC" in Australia and rising Thomashttp://www.blogger.com/profile/00891382755384660742noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-46285236222435535502010-11-08T13:55:00.002-05:002010-11-08T13:55:37.908-05:00Oil Prices Today Hit Two-year High, Nigerian Rig AttackedWith the announcement the Federal Reserve was going to print another $600 billion in U.S. dollars to buy up government debt in an attempt to stimulate the economy, oil prices, and other commodities, have been pushed up as the value of the U.S. dollar continues to plummet.
That means the industry is under tension, and when anything is added to the mix, oil prices can spike, like they have today Garynoreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-21229384919913305332010-11-08T08:30:00.002-05:002010-11-08T08:30:02.750-05:00BP (NYSE:BP) About to Sign Deal with CNOOCA report from Mark Kleinman of Sky News said that BP (NYSE:BP) is close to signing a “major” exploration deal China National Offshore Oil Corp. (CNOOC), the state-owned energy company.
The two companies would explore the South China Sea together, according to Kleinman, writing on his blog. BP and CNOOC have worked together in the past in the same region.
British Prime Minister David Cameron isGarynoreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-53155519817803080482010-11-08T08:00:00.001-05:002010-11-08T08:00:12.865-05:00Bronco Drilling (Nasdaq:BRNC) Could Move on Sold Term Contracts Says FBRFBR Capital said they're maintaining their "Market Perform" rating on Bronco Drilling (Nasdaq:BRNC), citing potential solid term contracts for newbuild rigs.
"Bronco’s land drilling fleet has been more profitable than expected due to strong daily cash margins and rig day rate improvements giving the stock some momentum. We believe the announcement of newbuild rigs with solid term contracts couldRayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-47277644173252905112010-11-05T11:48:00.000-04:002010-11-05T11:49:58.009-04:00BP (NYSE:BP) Rises on Exxon (NYSE:XOM) Bid RumorRumors were rampant this morning that Exxon Mobil was interested in acquiring BP (NYSE:BP), pushing the stock up in early trading, where in London it rose as high as 451.35 pence, and up to $43.98 in New York before pulling back.At 11:45 AM EDT, BP was trading at $43.75, down $0.16, or 0.38.BP had no comment on the speculation, and Exxon communicated the usual idea that it was "not our practice Allenhttp://www.blogger.com/profile/14571642682593525295noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-32275403189748586892010-11-05T09:30:00.000-04:002010-11-05T09:30:01.552-04:00Schlumberger (NYSE:SLB), Brigham Exploration (Nasdaq:BEXP), Oasis Petroleum (NYSE:OAS) Soar on Rising Oil PricesSchlumberger (NYSE:SLB), Brigham Exploration (Nasdaq:BEXP), Oasis Petroleum (NYSE:OAS) all closed higher Thursday, moving up with the broader commodity sector on news of the quantitative easing about to be implemented by the Federal Reserve which will add about $600 billion to the money supply over the next several months, increasing inflationary pressures.Commodity prices, including oil prices,Allenhttp://www.blogger.com/profile/14571642682593525295noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-18966973270461107862010-11-05T09:00:00.005-04:002010-11-05T09:00:08.146-04:00Venoco Inc. (NYSE:VQ), Whiting Petroleum (NYSE:WLL), Rosetta Resources (Nasdaq:ROSE) Soar on Increasing Oil PricesVenoco Inc. (NYSE:VQ), Whiting Petroleum (NYSE:WLL), Rosetta Resources (Nasdaq:ROSE) all rose in price Thursday, increasing with the broader commodity sector on news of the quantitative easing about to be implemented by the Federal Reserve, which will add about $600 billion to the money supply over the next several months, placing the value of the U.S dollar at even more threat.Oil price, as wellAllenhttp://www.blogger.com/profile/14571642682593525295noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-63007699492134560132010-11-05T09:00:00.002-04:002010-11-05T09:00:00.960-04:00TransAtlantic Petroleum (NYSE:TAT), Vaalco (NYSE:EGY), Northern Oil and Gas (Amex:NOG) Soar on Rising Oil PricesTransAtlantic Petroleum (NYSE:TAT), Vaalco Energy (NYSE:EGY), Northern Oil and Gas (Amex:NOG) all closed over 4 percent higher Thursday, moving up with the broader commodity sector on news of the quantitative easing about to be implemented by the Federal Reserve which will add about $600 billion to the money supply over the next several months, increasing inflationary pressures.
Commodity pricesRayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-86314140622683238712010-11-05T08:45:00.001-04:002010-11-05T08:45:00.619-04:00Encana (NYSE:ECA), Petrohawk (NYSE:HK), Valero Energy (NYSE:VLO) Soar on Rising Oil PricesEncana (NYSE:ECA), Petrohawk (NYSE:HK), Valero Energy (NYSE:VLO) all moved up Thursday on the inflationary measures announced by the Federal Reserve through QE2, which pushed the broader commodity market up, along with commodity companies within each sector, including the oil and gas producers.
Commodity prices increased in general, including silver, which rose to over $26 an ounce. Gold prices Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-40157375349084100062010-11-05T08:34:00.000-04:002010-11-05T08:34:00.267-04:00Citigroup (NYSE:C) Raises Devon Energy (NYSE:DVN) PTCitigroup (NYSE:C) raised the price target they have on Devon Energy (NYSE:DVN), while maintaining a "Hold" rating on the energy company.
Earnings per share for the full year was also lowered from $5.76 to $5.73 for 2010, and from $5.23 to $5.96 for 2011.
Devon rose with the rest of the commodity and energy sector Thursday, closing the trading day at $69.60, gaining $1.38, or 2.02 percent.
Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-51852437447821327132010-11-05T08:30:00.000-04:002010-11-05T08:30:01.435-04:00Hess (NYSE:HES), Petrobras (NYSE:PBR), PetroChina (NYSE:PTR) Surge on Rising Oil PricesHess Corporation (NYSE:HES), Petrobras (NYSE:PBR), PetroChina (NYSE:PTR) were all moving up Thursday on the inflationary measures put in place by the Federal Reserve through QE2, which pushed the broader commodity market up, along with raw materials companies within each sector, including the oil producers.
Commodity prices overall rose, including silver, which increased to over $26 an ounce. Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-63089911511410133052010-11-05T08:29:00.000-04:002010-11-05T08:29:00.606-04:00PDC Energy (Nasdaq:PETD), PetroQuest Energy (NYSE:PQ), Plains Exploration (NYSE:PXP) Soar on Increasing Oil PricesPDC Energy (Nasdaq:PETD), PetroQuest Energy (NYSE:PQ), Plains Exploration & Production (NYSE:PXP) all rose in price Thursday, increasing with the broader commodity sector on news of the quantitative easing about to be implemented by the Federal Reserve, which will add about $600 billion to the money supply over the next several months, placing the value of the U.S dollar at even more threat.Oil Allenhttp://www.blogger.com/profile/14571642682593525295noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-1630855022420195202010-11-05T08:15:00.002-04:002010-11-05T08:15:00.628-04:00Halliburton (NYSE:HAL), Apache Corp (NYSE:APA), Chevron (NYSE:CVX) Up on Rising Oil PricesHalliburton (NYSE:HAL), Apache Corp (NYSE:APA), Chevron (NYSE:CVX) were all moving up Thursday on the inflationary measures announced by the Federal Reserve through QE2, which pushed the overall commodity market up, along with companies within each sector, including the oil producers.
Commodity prices in general increased, including silver, which increased to over $26 an ounce. Gold prices Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-53909007512954920432010-11-05T08:10:00.001-04:002010-11-05T08:10:00.599-04:00Apache (NYSE:APA) Soars as BP (NYSE:BP), Mariner (NYSE:ME) Expansion Deals Near CompletionApache Corp. (NYSE:APA) closed the part of their deal with BP (NYSE:BP) for their oil and gas assets in Egypt, while are set to also close their acquisition of Mariner Energy Inc. (NYSE:ME) once shareholders vote on Wednesday on whether or not to approve the deal, which is valued at $2.6 billion.
The overall deal with BP was for $7 billion, including a variety of assets around the world.
Garynoreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-37910970140711964692010-11-05T08:10:00.000-04:002010-11-05T08:10:00.247-04:00BP (NYSE:BP), Anadarko (NYSE:APC), Conoco (NYSE:COP) Surge on Rising Oil PricesBP (NYSE:BP), Anadarko (NYSE:APC), Conoco (NYSE:COP) all rose Thursday on the inflationary measures implemented by the Federal Reserve via QE2, which drove the overall commodity market up, along with companies within each sector, including the oil producers.Commodity prices in general increased, including silver, which increased to over $26 an ounce. Gold prices surged to all-time record highs Thomashttp://www.blogger.com/profile/00891382755384660742noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-54927311722210743752010-11-05T08:00:00.003-04:002010-11-05T08:00:00.258-04:00Berry Petroleum (NYSE:BRY), Callon Petroleum (NYSE:CPE), Carrizo Oil & Gas (Nasdaq:CRZO) Surge on Rising Oil PricesBerry Petroleum (NYSE:BRY), Callon Petroleum (NYSE:CPE), Carrizo Oil & Gas (Nasdaq:CRZO) all rose higher Thursday, moving up with the broader commodity sector on news of the quantitative easing about to be implemented by the Federal Reserve, which will add about $600 billion to the money supply over the next several months, putting inflationary pressure on the economy.Commodity prices, including Allenhttp://www.blogger.com/profile/14571642682593525295noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-84778841582603540372010-11-05T08:00:00.001-04:002010-11-05T08:00:06.682-04:00Exxon Mobil (NYSE:XOM), Transocean (NYSE:RIG), Shell (NYSE:RDS-a) Up on Rising Oil PricesExxon Mobil (NYSE:XOM), Transocean (NYSE:RIG), Shell (NYSE:RDS-a) were all in positive territory Thursday on the inflationary measures announced by the Federal Reserve through QE2, which drove the overall commodity market up, along with companies within each sector, including the oil producers.Commodity prices overall rose, including silver, which increased to over $26 an ounce. Gold prices Thomashttp://www.blogger.com/profile/00891382755384660742noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-45649427557077895372010-11-05T07:55:00.000-04:002010-11-05T07:55:00.280-04:00Cameron International (NYSE:CAM), Marathon Oil (NYSE:MRO), Devon Energy (NYSE:DVN) Soar on Rising Oil PricesCameron International (NYSE:CAM), Marathon Oil (NYSE:MRO), Devon Energy (NYSE:DVN) were all moving up Thursday on the inflationary measures announced by the Federal Reserve through QE2, which pushed the overall commodity market up, along with companies within each sector, including the oil producers.
Commodity prices overall rose, including silver, which increased to over $26 an ounce. Gold Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-32338439602346408852010-11-04T14:17:00.000-04:002010-11-04T14:18:41.575-04:00BP (NYSE:BP) Update on Iraqi Rumaila Oilfield ProgressSince being awarded a contract for for developing the Rumaila oilfield in Iraq, Bp (NYSE:BP) said the project is progressing nicely, and the higher amount of activity at the location has been happening since they won the contract in June of 2009.BP said they're focusing on increasing production at the wells already being operated, while also opening up new wells. Also targeted is the Allenhttp://www.blogger.com/profile/14571642682593525295noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-89826732080323008302010-11-04T12:57:00.000-04:002010-11-04T12:58:45.749-04:00BP's (NYSE:BP) Biofuel Strategy Focued on Brazil, U.S.Brazilian sugar can and grasses in the United States are the focus of BP's strategy to invest in biofuels at this time, said a senior executive of its global energy group.Head of strategy at BP Biofuels, James Primrose, said the U.S. and Brazil markets are more conducive to success because of clear regulations and the incentives they offer to build out their biofuel business.In contrast, Asia andAllenhttp://www.blogger.com/profile/14571642682593525295noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-40624291486160499352010-11-04T10:30:00.000-04:002010-11-04T10:30:00.771-04:00Devon Energy (NYSE:DVN) Undervalued on Onshore Resource Plays Says TiconderogaDevon Energy (NYSE:DVN) is undervalued in almost all the key valuation metrics against its peers, and Ticonderoga Securities said they're maintaining their "Buy" rating on them as a result."We view DVN as an undervalued asset base that should generate better results given the shift in focus toward onshore unconventional resource plays. And with $3.6B of cash on hand currently (excluding the Thomashttp://www.blogger.com/profile/00891382755384660742noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-63151030475179026602010-11-04T10:00:00.000-04:002010-11-04T10:00:01.750-04:00Magellan Midstream (NYSE:MMP) Gasoline and Diesel Volumes IncreasingMagellan Midstream (NYSE:MMP) performed close in line to estimates, and UBS (NYSE:UBS) maintains their "Buy" on them, saying gasoline and diesel volumes exceeded expectations.UBS said, "Excluding non-cash items, MMP achieved 3Q10 EPU of $0.58 versus UBS’ and consensus’ $0.61/$0.55 estimates, respectively. Despite integrity testing in the ammonia pipeline costing $7.6mm (-$0.07/unit), improving Thomashttp://www.blogger.com/profile/00891382755384660742noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-19128886859079831822010-11-04T09:31:00.002-04:002010-11-04T09:31:00.308-04:00Citigroup (NYSE:C) Upgrades K-Sea (NYSE:KSP), Lowers Price TargetAlthough K-Sea Transportation Partners LP (NYSE:KSP) handily surpassed expectations in their latest quarterly report, it's hard to see anything to get excited about, although Citigroup (NYSE:C) upgraded the marine transportation company from "Sell" to "Hold."
Chief Executive Officer Timothy Casey said in a statement recently, "We benefited this past quarter from the clean-up work in the Gulf of Garynoreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-57857431689403890342010-11-04T09:00:00.000-04:002010-11-04T09:00:03.719-04:00BP (NYSE:BP) Confirms UK Awards the Seven Exploration Licences in North SeaOn their Website today, BP (NYSE:BP) confirmed they have been awarded seven licenses to explore the North Sea. To reinforce their commitment and trust in BP, this represents the largest licensing approval for BP in the UK in over 10 years by the government. Trevor Garlick, Regional President for BP in the North Sea said on the company site, “These licence awards are a significant success for BP Thomashttp://www.blogger.com/profile/00891382755384660742noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-55698083020165212302010-11-04T08:30:00.000-04:002010-11-04T08:30:01.168-04:00Brigham Exploration (Nasdaq:BEXP) Increases Wells, ProductionCiting the increased number of wells and beating production estimates, Global Hunter Securities likes the growth prospects of Brigham Exploration Co. (Nasdaq:BEXP), raising their price target on them and maintaining a "Buy.""BEXP increased its fourth quarter guidance to 10.2-10.8 Mboped with 77% of volumes now oil. We are published at 10 Mboped for 4Q10 but moving volumes up to the top end of theThomashttp://www.blogger.com/profile/00891382755384660742noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-34944980224260732032010-11-04T08:17:00.000-04:002010-11-04T08:17:00.807-04:00Citigroup (NYSE:C) Raises Anadarko (NYSE:APC) PT After Earnings ReportLiking what they heard from Anadarko Petroleum Corp (NYSE:APC) from their latest earnings report, Citigroup (NYSE:C) maintained their "Buy" on the energy company, while raising their price target significantly on them.Sales volume for the latest quarter came in at the high end of guidance for Anadarko. Anadarko Chairman and CEO Jim Hackett said, "The portfolio continues to perform at a high levelThomashttp://www.blogger.com/profile/00891382755384660742noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-27705162869825401002010-11-04T08:01:00.001-04:002010-11-04T08:01:00.112-04:00Goldman (NYSE:GS) Shows BP (NYSE:BP) Some Love, Upgrades them to "Buy"After generating results beyond expectations, BP plc (NYSE:BP) was upgraded today by Goldman Sachs (NYSE:GS) from "Neutral" to "Buy" on the stronger-than-expected quarter and valuation.Citing the attractive valuation whereby BP is trading at a 2011E 14% EV/DACF discount after paying out liabilities after the Gulf of Mexico oil spill, they see the company beginning to come back.There is also lightAllenhttp://www.blogger.com/profile/14571642682593525295noreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-61012487337351182212010-11-04T08:00:00.001-04:002010-11-04T08:00:05.807-04:00Petrohawk Energy's (NYSE:HK) Margins, Debt Will Keep Company Under PressurePetrohawk Energy (NYSE:HK) has problems in the short term because of their high debt and margins being pressured, according to FBR Capital.
HBP drilling will continue to cause the company to struggle as a result in the short term.
FBR said, "We continue to remain fans of significant long-term asset value embedded within the Haynesville and Eagle Ford franchises. Near term, though, continued Garynoreply@blogger.com0tag:blogger.com,1999:blog-6165768247622417640.post-62960192992876084012010-11-04T07:55:00.000-04:002010-11-04T07:55:00.533-04:00Transocean (NYSE:RIG) Earnings Crushed on Gulf Spill EffectsEarnings for Transocean fell of the cliff to the tune of 48 percent from the same quarter last year, as effects of the BP (NYSE:BP) Gulf oil spill linger, and uncertainty over liability and when drilling in the Gulf will resume weighs on the company, as it does on all with exposure to the oil spill.Particularly harmful was the oil moratorium, which while officially lifted, effectively remains in Allenhttp://www.blogger.com/profile/14571642682593525295noreply@blogger.com0