Showing posts with label Whiting Petroleum. Show all posts
Showing posts with label Whiting Petroleum. Show all posts

Tuesday, February 28, 2012

Concho (CXO) (GXP) (LPI) (WLL) (BRY) (DTE) (SWN) Ratings, Price Targets

Concho Resources Inc. (CXO), Great Plains Energy (GXP), Laredo Petroleum Holdings (LPI), Whiting Petroleum Co. (WLL), Berry Petroleum Comp (BRY), DTE Energy (DTE) and Southwestern Energy (SWN) had ratings and price targets on them adjusted by analysts.

Tudor Pickering downgraded Concho Resources Inc. (CXO). They placed a "Hold" rating on the company.

Gabelli downgraded Great Plains Energy (GXP) from a "Buy" rating to a "Hold" rating.

Tudor Pickering downgraded Laredo Petroleum Holdings (LPI). They placed a "Hold" rating on the company.

Capital One downgraded Whiting Petroleum Co. (WLL). They placed a "Strong-Buy" rating on the company.

SunTrust upgraded Berry Petroleum Comp (BRY) from a "Neutral" rating to a "Buy" rating. They have a price target of $65.00 on the company.

Edward Jones upgraded DTE Energy (DTE). They have a "Buy" rating on the company.

Stifel Nicolaus downgraded Southwestern Energy (SWN) from a "Buy" rating to a "Hold" rating.

Monday, February 27, 2012

Westar (WR) (CEG) (BHI) (HAL) (WLL) (SD) (MDAS) Ratings

Westar Energy, Inc. (WR), Constellation Energy Group (CEG), Baker Hughes (BHI), Halliburton (HAL), Whiting Petroleum Co. (WLL), SandRidge Energy Inc. (SD) and MedAssets, Inc. (MDAS) had ratings and price targets on them adjusted by analysts.

TheStreet downgraded Constellation Energy Group (CEG) to a "Hold" rating.

Raymond James downgraded Baker Hughes (BHI) from an "Outperform" rating to a "Market Perform" rating.

Raymond James downgraded Halliburton (HAL) from a Strong-Buy rating to an "Outperform" rating.

Credit Agricole downgraded Whiting Petroleum Co. (WLL) to an "Outperform" rating.

Caris & Co. upgraded Westar Energy, Inc. (WR) from an "Average" rating to an "Above Average" rating.

Global Hunter Securities upgraded SandRidge Energy Inc. (SD) from an "Accumulate" rating to a "Buy" rating. They raised their price target from $8.50 to $13.00 on the company.

Caris & Co. downgraded MedAssets, Inc. (MDAS) from an "Above Average" rating to an "Average" rating.

Thursday, February 9, 2012

BP (BP) (APC) (MMP) (SD) (SPN) (SLH) (WLL) (CAM) Ratings, Price Targets

BP PLC (NYSE: BP), Anadarko Petroleum (NYSE: APC), Magellan Midstream (NYSE: MMP), SandRidge Energy Inc. (NYSE: SD), Superior Energy Services (NYSE: SPN), Solera Holdings, Inc. (NYSE: SLH), Whiting Petroleum Co. (NYSE: WLL) and Cameron (NYSE: CAM) had ratings and price targets on them adjusted by analysts.

Anadarko Petroleum (APC) had its price target raised by RBC Capital from $100.00 to $103.00. They have an “Outperform” rating on the company.

Magellan Midstream (MMP) had its price target raised by RBC Capital from $74.00 to $78.00. They have an “Outperform” rating on the company.

SandRidge Energy Inc. (SD) had its price target lowered by Deutsche Bank (NYSE:DB) to $9.00.

Superior Energy Services (SPN) had its price target raised by Citigroup (NYSE:C) from $38.00 to $41.00. They have a “Buy” rating on the company.

Solera Holdings, Inc. (SLH) had its price target raised by JPMorgan Chase & Co. (NYSE:JPM) from $53.00 to $54.00. They have an “Overweight” rating on the company.

Whiting Petroleum Co. (WLL) had its price target raised by Stifel Nicolaus from $70.00 to $75.00. They have a “Buy” rating on the company.

BP PLC (BP) was downgraded by Societe Generale from a “Buy” rating to a “Hold” rating.

Cameron (NYSE: CAM) was downgraded by analysts at HSBC from an “overweight” rating to a “neutral” rating.

Friday, November 5, 2010

Venoco Inc. (NYSE:VQ), Whiting Petroleum (NYSE:WLL), Rosetta Resources (Nasdaq:ROSE) Soar on Increasing Oil Prices

Venoco 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 well as most commodity prices, responded as expected, moving up across the board, with gold growing to record levels again, closing in on $1,400 an ounce, while silver increased to over $26 an ounce. Aluminum was boosted to price levels not seen since April.

Light, sweet crude for December delivery settled the trading session increasing $1.80 a barrel on the New York Mercantile Exchange at $86.49.

Venoco Inc. closed at $15.64 Thursday, rising $0.67, or 4.48 percent. Whiting Petroleum surged to close at $106.86, gaining $3.84, or 3.73 percent. Rosetta Resources was up to $25.41 at the end of the trading session, gaining $1.29, or 5.35 percent.

Friday, October 29, 2010

Whiting Petroleum (NYSE:WLL) Outperforms on Lower Costs

Whiting Petroleum (NYSE:WLL) had a solid quarter based on getting operational costs under control, leading them to beat expectations for earnings per share.

Ticonderoga Securities said, "WLL reported its 3Q last night. Earnings were $0.05 ahead of our $1.27 estimate, driven largely by better than expected costs. Production was in line with our estimate...Based on company guidance, we are raising our 4Q EPS estimate to $1.71 from $1.50, which brings our 2010 full-year estimate to $5.51, up from $5.27. We also revised our 2011 EPS estimate to $7.63 from $6.72.

"We reiterate our rating on the stock due to valuation. Our NAV remains unchanged at $116/share. Currently, the stock trades at 86% of our NAV versus 76% for our coverage universe."

Ticonderoga maintains their "Neutral" on Whiting.

Whiting closed at $98.53, losing $1.48, or 1.48 percent. They have a market cap of just above $5 billion.

Monday, October 25, 2010

Wells Fargo (NYSE:WFC) Says Whiting Petroleum (NYSE:WLL) Reaches Upside Limits

Whiting Petroleum (NYSE:WLL) was downgraded by Wells Fargo (NYSE:WFC), citing most of the upside is priced into the share price. They were downgraded from "Outperform" to "Market Perform."

Wells said, "With success at Sanish and now initial success at Lewis and Clark, WLL has executed and erased Bakken inventory concerns. Given, YTD outperformance, much of the upside is already priced into shares, in our opinion and we believe risk/reward is now neutral."

The valuation range was also lowered from $105-$110 to $100-$110.

Whiting closed Friday at $100.97, dropping $0.51, or 0.50 percent.