SunTrust analyst Welles Fitzpatrick has lowered his price target on select energy exploration and production companies as part of his broader sector note, citing rig count declines, volatile oil prices, and low visibility from delayed 2019 guidance to Q4 earnings. The analyst lowers the price target on Noble Energy (NBL) to $32 from $42 and Extraction Oil & Gas (XOG) to $10 from $22, adding that along with Range Resources (RRC), these companies are "candidates for deceleration". Fitzpatrick also lowered his price target on Anadarko Petroleum (APC) to $55 from $70, HighPoint Resources (HPR) to $5 from $8, SRC Energy (SRCI) to $9 from $14, and PDC Energy (PDCE) to $57 from $65.