Exxon Mobil (XOM), Chesapeake Utilities (CPK), National Grid (NGG), Oasis Petroleum Inc. (OAS), Suncor Energy Inc. (SU), Niska Gas Storage (NKA) and Hess (HES) had ratings and price targets on them adjusted by analysts.
Hilliard Lyons upgraded Chesapeake Utilities Corp (CPK) from a "Neutral" rating to a "Long" rating. They have a price target of $45.00 on the company.
Morgan Stanley upgraded National Grid (NGG) to an Overweight" rating.
Stephens upgraded Oasis Petroleum Inc. (OAS) from an "Equal Weight" rating to a "Overweight" rating.
BMO Capital Markets upgraded Suncor Energy Inc. (SU) from a "Market Perform" rating to a "Outperform" rating.
Raymond James upgraded Exxon Mobil (XOM) from a "Market Perform" rating to a "Outperform" rating.
Wells Fargo & Co. upgraded Niska Gas Storage (NKA) from an "Underperform" rating to a "Market Perform" rating.
Raymond James downgraded Hess Corp (HES) from an "Outperform" rating to a "Market Perform" rating.
Showing posts with label Oasis Petroleum. Show all posts
Showing posts with label Oasis Petroleum. Show all posts
Wednesday, April 25, 2012
Monday, April 16, 2012
Anadarko (APC) (OAS) (CAM) (HAL) (MPC) (RIG) (WLL) Ratings, Price Targets
Anadarko Petroleum (APC), Oasis Petroleum Inc. (OAS), Cameron (CAM), Halliburton (HAL), Marathon Petroleum (MPC), Transocean (RIG) and Whiting Petroleum Co. (WLL) had ratings and price targets on them adjusted by analysts.
CLSA upgraded Anadarko Petroleum (APC) from an "Outperform" rating to a "Buy" rating.
Pritchard upgraded Oasis Petroleum Inc. (OAS) from a "Neutral" rating to a "Buy" rating.
Raymond James downgraded Cameron (CAM) from a "Strong-Buy" rating to a "Market Perform" rating.
Raymond James downgraded Halliburton (HAL) from an "Outperform" rating to a "Market Perform" rating.
Deutsche Bank downgraded Marathon Petroleum (MPC) from a "Buy" rating to a "Hold" rating.
Raymond James downgraded Transocean (RIG) from a "Strong-Buy" rating to a "Market Perform" rating.
CLSA downgraded Whiting Petroleum Co. (WLL) from an "Outperform" rating to a "Buy" rating.
CLSA upgraded Anadarko Petroleum (APC) from an "Outperform" rating to a "Buy" rating.
Pritchard upgraded Oasis Petroleum Inc. (OAS) from a "Neutral" rating to a "Buy" rating.
Raymond James downgraded Cameron (CAM) from a "Strong-Buy" rating to a "Market Perform" rating.
Raymond James downgraded Halliburton (HAL) from an "Outperform" rating to a "Market Perform" rating.
Deutsche Bank downgraded Marathon Petroleum (MPC) from a "Buy" rating to a "Hold" rating.
Raymond James downgraded Transocean (RIG) from a "Strong-Buy" rating to a "Market Perform" rating.
CLSA downgraded Whiting Petroleum Co. (WLL) from an "Outperform" rating to a "Buy" rating.
Monday, January 30, 2012
Oasis (OAS) (NRGY) (AZO) (MSI) (HFC) (LPL) Ratings, Price Targets
Oasis 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 "Underperform" rating.
Goldman upgraded gives AutoZone (AZO) from a "Sell" rating to a "Neutral" rating.
Motorola Solutions (MSI) was upgraded by Argus from a "Hold" rating to a "Buy" rating. They have a price target of $55.00 on the company.
HollyFrontier (HFC) was downgraded by Citigroup (NYSE:C) rom a "Buy" rating to a "Neutral" rating.
LG Display (LPL) was upgraded by Nomura (NYSE:NMR) from a "Neutral" rating to a "Buy" rating.
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 "Underperform" rating.
Goldman upgraded gives AutoZone (AZO) from a "Sell" rating to a "Neutral" rating.
Motorola Solutions (MSI) was upgraded by Argus from a "Hold" rating to a "Buy" rating. They have a price target of $55.00 on the company.
HollyFrontier (HFC) was downgraded by Citigroup (NYSE:C) rom a "Buy" rating to a "Neutral" rating.
LG Display (LPL) was upgraded by Nomura (NYSE:NMR) from a "Neutral" rating to a "Buy" rating.
Monday, January 23, 2012
Yingli (YGE) (BRY) (OAS) (STP) (TAT) (TNP) (FSLR) Ratings, Price Targets
Yingli 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” rating.
Oasis Petroleum (OAS) was downgraded by Tudor Pickering from a “Buy” rating to an “Accumulate” rating.
Yingli Green Energy Hold. Co. Ltd. (YGE) was downgraded by Axiom Securities from a “Neutral” rating to a “Sell” rating.
Suntech Power (STP) was downgraded by Axiom Capital to a “Sell” rating.
Transatlantic Petroleum Limited (TAT) had its price target lowered by Global Hunter Securities to $1.75. They have a “Buy” rating on the company.
Tsakos Energy Navigation (TNP) was upgraded by Credit Suisse (NYSE:CS) from a “Neutral” rating to an “Outperform” rating.
First Solar (FSLR) was downgraded by Axiom Securities to a “Sell” rating.
Berry Petroleum (BRY) was upgraded by Wells Fargo & Co. (NYSE:WFC) from a “Market Perform” rating to an “Outperform” rating.
Oasis Petroleum (OAS) was downgraded by Tudor Pickering from a “Buy” rating to an “Accumulate” rating.
Yingli Green Energy Hold. Co. Ltd. (YGE) was downgraded by Axiom Securities from a “Neutral” rating to a “Sell” rating.
Suntech Power (STP) was downgraded by Axiom Capital to a “Sell” rating.
Transatlantic Petroleum Limited (TAT) had its price target lowered by Global Hunter Securities to $1.75. They have a “Buy” rating on the company.
Tsakos Energy Navigation (TNP) was upgraded by Credit Suisse (NYSE:CS) from a “Neutral” rating to an “Outperform” rating.
First Solar (FSLR) was downgraded by Axiom Securities to a “Sell” rating.
Friday, January 20, 2012
Oasis (OAS) (CHK) (BTU) (CLD) (HERO) (KMP) (NOV) Ratings, Price Targets
Oasis 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 have a price target of $36.00 on the company.
Chesapeake Energy (CHK) had its price target lowered by Oppenheimer (NYSE:OPY) to $28.00. They have an “Outperform” rating on the company.
Peabody Energy Corp. (BTU) had its price target lowered by Barclays Capital from $61.00 to $50.00. They have an “Overweight” rating on the company.
Cloud Peak Energy (CLD) was downgraded by FBR Capital from an “Outperform” rating to a “Market Perform” rating.
Hercules Offshore, Inc. (HERO) was downgraded by FBR Capital from an “Outperform” rating to an “Underperform” rating.
Kinder Morgan Energy Partners LP (KMP) was downgraded by Citigroup (NYSE:C) from a “Neutral” rating to a “Sell” rating.
National-Oilwell Varco, Inc. (NOV) was downgraded by Howard Weil from a “Focus Stock” rating to an “Outperform” rating.
Oasis Petroleum Inc. (OAS) was downgraded by UBS AG (NYSE:UBS) from a “Buy” rating to a “Neutral” rating. They have a price target of $36.00 on the company.
Chesapeake Energy (CHK) had its price target lowered by Oppenheimer (NYSE:OPY) to $28.00. They have an “Outperform” rating on the company.
Peabody Energy Corp. (BTU) had its price target lowered by Barclays Capital from $61.00 to $50.00. They have an “Overweight” rating on the company.
Cloud Peak Energy (CLD) was downgraded by FBR Capital from an “Outperform” rating to a “Market Perform” rating.
Hercules Offshore, Inc. (HERO) was downgraded by FBR Capital from an “Outperform” rating to an “Underperform” rating.
Kinder Morgan Energy Partners LP (KMP) was downgraded by Citigroup (NYSE:C) from a “Neutral” rating to a “Sell” rating.
National-Oilwell Varco, Inc. (NOV) was downgraded by Howard Weil from a “Focus Stock” rating to an “Outperform” rating.
Friday, November 5, 2010
Schlumberger (NYSE:SLB), Brigham Exploration (Nasdaq:BEXP), Oasis Petroleum (NYSE:OAS) Soar on Rising Oil Prices
Schlumberger (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, responded as expected, moving up across the board, with gold growing to record levels again, closing in on $1,400 and ounce, while silver rose to over $26 an ounce. Aluminum increased to levels not seen since April.
Light, sweet crude for December delivery settled the trading session increasing $1.80a barrel on the New York Mercantile Exchange at $86.49.
Schlumberger closed at $75.80 Thursday, rising $3.59, or 4.97 percent. Brigham Exploration surged to close at $22.96, gaining $0.96, or 4.36 percent. Oasis Petroleum was up to $23.44 at the end of the trading session, gaining $1.31, or 5.92 percent.
Commodity prices, including oil prices, responded as expected, moving up across the board, with gold growing to record levels again, closing in on $1,400 and ounce, while silver rose to over $26 an ounce. Aluminum increased to levels not seen since April.
Light, sweet crude for December delivery settled the trading session increasing $1.80a barrel on the New York Mercantile Exchange at $86.49.
Schlumberger closed at $75.80 Thursday, rising $3.59, or 4.97 percent. Brigham Exploration surged to close at $22.96, gaining $0.96, or 4.36 percent. Oasis Petroleum was up to $23.44 at the end of the trading session, gaining $1.31, or 5.92 percent.
Wednesday, October 20, 2010
Wells Fargo (NYSE:WFC) Downgrades Oasis Petroleum (NYSE:OAS) Citing Valuation
With its strong performance since its summer IPO, Oasis Petroleum (NYSE:OAS) is looked upon as fully valued, and Wells Fargo (NYSE:WFC) was the latest to downgrade them, as the dropped them from "Outperform" to "Market Perform."
Wells said, "We are downgrading shares of OAS following substantial absolute and relative strength. With shares up 55% from the IPO, they have handily outperformed the EPX during that timeframe. With Bakken upside potential increasingly understood, execution a requisite, and oil trading toward the higher end of its recent range, we view risk reward as more consistent with a Market Perform rating. We are maintaining our estimates and valuation at this time."
UBS (NYSE:UBS) downgraded them Monday from "Buy" to "Neutral," citing similar reasons.
Oasis closed Tuesday at $20.26, losing $1.40, or 6.46 percent.
Wells has a valuation range of $21.00 to $23.00 on them.
Wells said, "We are downgrading shares of OAS following substantial absolute and relative strength. With shares up 55% from the IPO, they have handily outperformed the EPX during that timeframe. With Bakken upside potential increasingly understood, execution a requisite, and oil trading toward the higher end of its recent range, we view risk reward as more consistent with a Market Perform rating. We are maintaining our estimates and valuation at this time."
UBS (NYSE:UBS) downgraded them Monday from "Buy" to "Neutral," citing similar reasons.
Oasis closed Tuesday at $20.26, losing $1.40, or 6.46 percent.
Wells has a valuation range of $21.00 to $23.00 on them.
Tuesday, October 19, 2010
Oasis Petroleum (NYSE:OAS) Trading Beyond Valuation?
Oasis Petroleum (NYSE:OAS) has soared since its initial public offering in Jue 2009, soaring about 60 percent since that time.
But according to UBS (NYSE:UBS), they believe the company at this time is trading at 2P valuations that are unsustainable in the short term. Consequently UBS downgraded Oasis from "Buy" to "Neutral."
UBS analyst says, "Since its June IPO, shares of OAS have rallied 60% vs. oily peers of 23%. We attribute the rapid appreciation to: 1) solid operational execution across its first set of Bakken wells; 2) increased M&A activity in the Bakken; and 3) broader confidence in Bakken resource potential. While we still view the company favourably in terms of fundamentals, we now believe the market is trading the company beyond 2P valuations and may be attempting to price in a takeout premium that we believe is unlikely to take place," said UBS.
Oasis closed Monday at $21.66, gaining $0.02, or 0.09 percent.
But according to UBS (NYSE:UBS), they believe the company at this time is trading at 2P valuations that are unsustainable in the short term. Consequently UBS downgraded Oasis from "Buy" to "Neutral."
UBS analyst says, "Since its June IPO, shares of OAS have rallied 60% vs. oily peers of 23%. We attribute the rapid appreciation to: 1) solid operational execution across its first set of Bakken wells; 2) increased M&A activity in the Bakken; and 3) broader confidence in Bakken resource potential. While we still view the company favourably in terms of fundamentals, we now believe the market is trading the company beyond 2P valuations and may be attempting to price in a takeout premium that we believe is unlikely to take place," said UBS.
Oasis closed Monday at $21.66, gaining $0.02, or 0.09 percent.
Thursday, October 14, 2010
Northern (Amex:NOG) Stacked Against Brigham (Nasdaq:BEXP), Kodiak (Amex:KOG) and Oasis (NYSE:OAS)
With the liquidity and growth potential of Northern Oil and Gas (Amex:NOG), Canaccord Genuity says they're trading at an unjustifiable 10 percent discount against peers Brigham Exploration (Nasdaq:BEXP), Kodiak Oil & Gas (NYSE Amex:KOG) and Oasis Petroleum (NYSE:OAS).
Also liking the plan of Northern, Canaccord said, "We are reiterating our rating with greater conviction based on Northern Oil’s accelerated development plan and its proven ability to organically acquire acreage at accretive levels. We continue to believe Northern trades at too steep of a discount to its peers for a company with its liquidity and relative growth potential. At present, NOG trades at a 10% discount (EV/EBITDAX) to its closest peers (Brigham Exploration (Nasdaq:BEXP), Kodiak Oil & Gas (NYSE Amex:KOG), Oasis Petroleum (NYSE:OAS)."
All the companies closed in positive territory Wednesday.
Northern closed at $18.72, gaining $0.02, or 0.11 percent. Canaccord, which maintains a "Buy" on the company, has a price target of $24 on them.
Also liking the plan of Northern, Canaccord said, "We are reiterating our rating with greater conviction based on Northern Oil’s accelerated development plan and its proven ability to organically acquire acreage at accretive levels. We continue to believe Northern trades at too steep of a discount to its peers for a company with its liquidity and relative growth potential. At present, NOG trades at a 10% discount (EV/EBITDAX) to its closest peers (Brigham Exploration (Nasdaq:BEXP), Kodiak Oil & Gas (NYSE Amex:KOG), Oasis Petroleum (NYSE:OAS)."
All the companies closed in positive territory Wednesday.
Northern closed at $18.72, gaining $0.02, or 0.11 percent. Canaccord, which maintains a "Buy" on the company, has a price target of $24 on them.
Monday, September 13, 2010
Wells Fargo (NYSE:WFC) Initiates Coverage on Oasis Petroleum (NYSE:OAS)
Oasis Petroleum (NYSE:OAS) is now being covered by banking giant Wells Fargo (NYSE:WFC), where they were started off with an "Outperform."
"Following its recent IPO, Oasis is uniquely positioned among small-cap E&Ps as being a well-funded, high-growth, oil-dominated company. We believe its shares will continue to fare well as long-term oil fundamentals remain widely preferred with E&P investors. Our NAV estimate for OAS is $22.11/share, offering roughly 23 percent potential upside from current market levels," said the Wells analyst.
They also have a valuation range on Oasis from $21 to $23.
Through its subsidiary, Oasis Petroleum LLC, Oasis Petroleum participates in the acquisition and development of oil and natural gas resources primarily in the Williston Basin.
"Following its recent IPO, Oasis is uniquely positioned among small-cap E&Ps as being a well-funded, high-growth, oil-dominated company. We believe its shares will continue to fare well as long-term oil fundamentals remain widely preferred with E&P investors. Our NAV estimate for OAS is $22.11/share, offering roughly 23 percent potential upside from current market levels," said the Wells analyst.
They also have a valuation range on Oasis from $21 to $23.
Through its subsidiary, Oasis Petroleum LLC, Oasis Petroleum participates in the acquisition and development of oil and natural gas resources primarily in the Williston Basin.
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