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Fly News Breaks for July 19, 2018
LONE
Jul 19, 2018 | 07:30 EDT
As reported earlier, SunTrust analyst Neal Dingmann initiated Lonestar Resrouces with a Buy rating and a price target of $17, saying the company is "on a strong trajectory due to outstanding/improved operations, strong prices, and highly enhanced financials." With outperforming well results and positive price differentials, Dingmann states that Lonestar Resources is "in a unique position for an E&P as it should soon become free cash flow positive, providing a number of future operational / financial opportunities."
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