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Fly News Breaks for April 15, 2016
RICE, AR, RMP
Apr 15, 2016 | 09:19 EDT
Janney Capital analyst Nathan Judge views the positive trends within Antero Resources' (AR) operational update as a positive indicator for Rice Midstream Partners (RMP), noting that Rice Energy (RICE) drills wells geographically next to Antero. The analyst, who names Rice Midstream as the firm's top pick in the MLP space, keeps a Buy rating and $20 fair value estimate on the stock.
News For RMP;AR;RICE From the Last 2 Days
AR
Apr 17, 2024 | 04:55 EDT
Morgan Stanley upgraded Antero Resources to Overweight from Equal Weight with a price target of $36, up from $26. The analyst sees the company providing attractive leverage to rising gas prices and leading exposure to the growing liquified natural fairway in the Gulf Coast. Despite being an Appalachia producer, Antero has advantaged pipeline contracts that allow it to sell all of its production out of the basin, the analyst tells investors in a research note.