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Fly News Breaks for December 29, 2015
WLL, SN, GST, BCEI, BBG, AXAS
Dec 29, 2015 | 07:29 EDT
Canaccord named several Buy rated E&P that have the potential to bounce back in 2016, citing trough valuations, increased demand, underappreciated financial positions and a reduction in production. Comeback names include Abraxas Petroleum (AXAS), Bill Barret Corp. (BBG), Bonanza Creek Energy (BCEI), Gastar Exploration (GST), Sanchez Energy (SN) and Whiting Petroleum (WLL), according to the firm.
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