Breaking News Instant updates and real-time market news.

APC

Anadarko

$49.06

-0.82 (-1.64%)

, BAS

Basic Energy

$18.91

0.12 (0.64%)

04:55
09/28/17
09/28
04:55
09/28/17
04:55

Deutsche Bank to hold a summit

Energy Summit is being held in Boston on September 27-28.

APC

Anadarko

$49.06

-0.82 (-1.64%)

BAS

Basic Energy

$18.91

0.12 (0.64%)

CPE

Callon Petroleum

$11.08

-0.02 (-0.18%)

COP

ConocoPhillips

$50.22

0.55 (1.11%)

DK

Delek US

$25.57

-0.64 (-2.44%)

DO

Diamond Offshore

$14.68

-0.17 (-1.14%)

ECR

Eclipse Resources

$2.66

0.09 (3.50%)

HAL

Halliburton

$45.58

0.94 (2.11%)

FI

Frank's International

$7.68

-0.25 (-3.15%)

HES

Hess Corp.

$46.94

0.62 (1.34%)

KOS

Kosmos

$8.13

0.04 (0.49%)

NBL

Noble Energy

$28.31

0.42 (1.51%)

OAS

Oasis Petroleum

$9.21

0.1 (1.10%)

PD

Phelps Dodge

QEP

QEP Resources

$8.49

0.42 (5.20%)

RIG

Transocean

$10.43

0.19 (1.86%)

SN

Sanchez Energy

$4.96

0.12 (2.48%)

SND

Smart Sand

$7.05

-0.61 (-7.96%)

  • 02

    Oct

  • 03

    Oct

  • 23

    Oct

  • 31

    Oct

  • 03

    Nov

  • 14

    Nov

APC Anadarko
$49.06

-0.82 (-1.64%)

09/21/17
EVER
09/21/17
NO CHANGE
Target $62
EVER
Outperform
Anadarko $2.5B buyback a positive for E&P stocks, says Evercore ISI
Evercore ISS analyst Stephen Richardson said Anadarko's $2.5B share buyback announcement is a positive for both fundamentals and sentiment surrounding the company, but also for the E&P sector. Richardson said Anadarko is a significant independent E&P and is reacting to the shifting environment while showing growth will not come at any price. The analyst rates shares an Outperform with a $62 price target.
08/08/17
DBAB
08/08/17
NO CHANGE
DBAB
Deutsche views Pioneer Natural, peers as 'significantly oversold'
Deutsche Bank analyst Ryan Todd believes Pioneer Natural Resources (PXD) as well as the Permian Exploration & Production space are "significantly oversold" following Pioneer's Q2 results last week. The higher gas content of the production stream started an investor debate around the long-term risks to Permian production and resource value, Todd tells investors in a research note. He calls investor fears "wildly overblown" and is a buyer of the group, especially Pioneer Natural. The analyst has Buy ratings on the shares as well as Anadarko Petroleum (APC), ConocoPhillips (COP), Chevron (CVX) and Devon Energy (DVN).
07/27/17
MUFG
07/27/17
UPGRADE
Target $66
MUFG
Overweight
MUFG upgrades Anadarko to Overweight with over 40% upside to target
MUFG analyst Michael McAllister upgraded Anadarko Petroleum to Overweight from Neutral while lowering his price target for the shares to $66 from $72. There is still room for optimization of the current portfolio, and the investment community should not discount the company's approach, McAllister tells investors in a research note. He notes that his price target represents over 40% upside from current levels.
09/21/17
MUFG
09/21/17
NO CHANGE
MUFG
Anadarko buyback a positive signal, says MUFG
MUFG analyst Michael McAllister said in a research note that Anadarko's authorization of a $2.5B share repurchase program, with a year-end goal of executing $1B of the program, signals that Anadarko feels it is "nearing an inflection point where they can start manufacturing free cash flows either next year or in 2019." McAllister reaffirmed his Overweight rating and maintained his $66 price target on Anadarko shares.
BAS Basic Energy
$18.91

0.12 (0.64%)

09/25/17
FBCO
09/25/17
NO CHANGE
Target $21
FBCO
Neutral
Basic Energy price target lowered to $21 from $30 at Credit Suisse
Credit Suisse analyst Gregory Lewis lowered his price target for Basic Energy to $21 from $30 after it sold off 40% post Q2 earnings on the back of an earnings miss, lackluster guidance, and an ATM announcement. The analyst reiterates a Neutral rating on the shares.
04/18/17
NOMU
04/18/17
INITIATION
Target $51
NOMU
Buy
Basic Energy initiated with a Buy at Nomura Instinet
Nomura Instinet analyst Matthew Johnston started Basic Energy Services with a Buy rating and $51 price target. The valuation is cheap and earnings expectations are low, the analyst contends.
09/05/17
EVER
09/05/17
INITIATION
Target $19
EVER
Outperform
Basic Energy resumed with an Outperform at Evercore ISI
Evercore ISI analyst James West resumed Basic Energy with an Outperform and a $19 price target saying completion product lines and Permian exposure should be more than able to offset some of the headwinds he sees with its well servicing and fluid management services.
06/21/17
GHSC
06/21/17
DOWNGRADE
GHSC
Neutral
Basic Energy downgraded to Neutral from Buy at Seaport Global
Seaport Global's Energy team reduced its long-term oil forecast to $40/bbl from $50/bbl to reflect "relentless" US production growth. The firm sees the potential for the oil market to be "significantly over supplied in 2018 and cut its oil price forecast for first half 2017 to $45/bbl from $55/bbl and first half 2018 to $35/bbl from $55/bbl.
CPE Callon Petroleum
$11.08

-0.02 (-0.18%)

04/26/17
LEHM
04/26/17
INITIATION
Target $16
LEHM
Overweight
Callon Petroleum initiated with an Overweight at Barclays
Barclays analyst Jeffrey Robertson started Callon Petroleum with an Overweight rating and $16 price target. The company is positioned for "attractive balance-sheet adjusted growth" over the next several years due to its 56,000 net acres across four core areas in the Permian Basin, the analyst contends.
08/15/17
IMPC
08/15/17
INITIATION
Target $16
IMPC
Outperform
Callon Petroleum initiated with an Outperform at Imperial Capital
Imperial Capital analyst Irene Haas started Callon Petroleum with an Outperform rating and $16 price target.
06/21/17
GHSC
06/21/17
DOWNGRADE
GHSC
Neutral
Callon Petroleum downgraded to Neutral from Buy at Seaport Global
04/26/17
04/26/17
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Snap (SNAP) initiated with a Market Perform at Raymond James. 2. Electronic Arts (EA), Take-Two (TTWO), and Activision Blizzard (ATVI) were resumed with an Overweight at Pacific Crest, while Zynga (ZNGA) resumed with a Sector Weight at Pacific Crest. 3. Green Plains (GPRE) initiated with an Outperform at BMO Capital. 4. Chesapeake Utilities (CPK) initiated with a Sector Perform at RBC Capital. 5. Callon Petroleum (CPE) initiated with an Overweight at Barclays. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
COP ConocoPhillips
$50.22

0.55 (1.11%)

07/17/17
WOLF
07/17/17
DOWNGRADE
WOLF
Peer Perform
ConocoPhillips downgraded to Peer Perform from Outperform at Wolfe Research
07/28/17
BOFA
07/28/17
UPGRADE
Target $58
BOFA
Buy
ConocoPhillips upgraded to Buy from Neutral at BofA/Merrill
BofA/Merrill analyst Doug Leggate upgraded ConocoPhillips to Buy and raised its price target to $58 from $51 saying portfolio repositioning has lowered capital intensity and will drive free cash flow improvement. The company lowered its breakeven to $45/bbl from $50/bbl in November of 2016 providing capacity for renewed growth capital or buybacks.
07/28/17
07/28/17
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. ConocoPhillips (COP) upgraded to Buy from Neutral at BofA/Merrill with analyst Doug Leggate saying portfolio repositioning has lowered capital intensity and will drive free cash flow improvement. 2. Boeing (BA) upgraded to Neutral from Underperform at Buckingham. 3. J.M. Smucker (SJM) upgraded to Buy from Hold at Jefferies with analyst Akshay Jagdale saying the recent share weakness is overdone. 4. Domino's Pizza (DPZ) upgraded to Buy from Neutral at Longbow. 5. Spirit Airlines (SAVE) upgraded to Buy from Neutral at Citi with analyst Kevin Crissey saying the risks are more than priced in at current share levels. He cut his price target for the shares to $52 from $65. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
DK Delek US
$25.57

-0.64 (-2.44%)

07/14/17
SBSH
07/14/17
DOWNGRADE
Target $29
SBSH
Neutral
Delek US downgraded to Neutral from Buy at Citi
Citi analyst Faisel Khan downgraded Delek US Holdings to Neutral with an unchanged price target of $29.
07/05/17
07/05/17
INITIATION

On The Fly: Top analyst initiations
Catch up on today's top analyst initiations with this list compiled by The Fly: 1. Pandora (P) resumed with an Overweight at Morgan Stanley. 2. Two Harbors (TWO) reinstated with an Outperform at Credit Suisse. 3. Alcentra Capital (ABDC) initiated with a Buy at DA Davidson. 4. Alon USA Partners (ALDW) reinstated with an Equal Weight at Barclays. 5. Delek US (DK) and Delek Logistics (DKL) were reinstated with an Equal Weight at Barclays. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
07/11/17
JPMS
07/11/17
INITIATION
Target $28
JPMS
Neutral
Delek US reinstated with a Neutral at JPMorgan
JPMorgan analyst Phil Gresh reinstated Delek US Holdings with a Neutral rating and $28 price target.
07/25/17
WOLF
07/25/17
UPGRADE
WOLF
Outperform
Delek US upgraded to Outperform from Peer Perform at Wolfe (pre-open)
DO Diamond Offshore
$14.68

-0.17 (-1.14%)

09/01/17
CLKS
09/01/17
UPGRADE
CLKS
Buy
Diamond Offshore upgraded to Buy from Neutral at Clarksons Platou
08/25/17
08/25/17
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Starbucks (SBUX) upgraded to Outperform from Neutral at Wedbush by analyst Nick Setyan, telling investors he expects shares to move higher following an expected revision in long-term growth targets in October and an update on the China joint-venture acquisition. 2. Transocean (RIG), Rowan Companies (RDC), Noble Corp (NE), Diamond Offshore (DO) upgraded to Sector Perform from Underperform at RBC Capital and Oceaneering (OII) and Frank's International (FI) upgraded to Outperform from Sector Perform by RBC Capital's Kurt Hallead, who said there has been an improvement in the environment for offshore drillers. The analyst said contracted rig utilization has bottomed and there have been modest improvements with idle rigs going back to work. 3. Wayfair (W) upgraded to Buy from Hold at Stifel by analyst Scott Devitt, who said the company "has effectively addressed the key challenges" facing " a furniture, housewares, and home improvement eCommerce platform." The analyst thinks that the company's investments have created "a defensive moat" that will improve its competitive position and wide the gap between itself and competitors. 4. Abercrombie & Fitch (ANF) upgraded to Buy from Neutral at Citi by analyst Paul Lejuez who said that the company's Q2 results showed stabilization, particularly at Hollister, and the stock's valuation has become "too attractive to ignore." 5. Beacon Roofing (BECN) upgraded to Overweight from Sector Weight at KeyBanc and to Buy from Hold at Jefferies. Jefferies analyst Philip Ng said the recent pullback in shares creates a buying opportunity with its increased scale in roofing and new exposure to interior products. Ng said the Allied acquisition nearly doubles Beacon's size and reinforces its presence in roofing and diversifies into interior products, providing diversification, product growth in new areas, and new markets to pursue as a roil up story. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
09/25/17
UBSW
09/25/17
UPGRADE
Target $15
UBSW
Buy
Diamond Offshore upgraded to Buy from Neutral at UBS
UBS analyst Angie Sedita upgraded Diamond Offshore and other offshore drillers to Buy citing "early signs of a slow recovery." The analyst believes a bottom has been reached in offshore utilization for both floaters and jackups and that demand will slowly move higher in 2018. She views current valuations in the space as compelling and raised her price target for Diamond Offshore shares to $15 from $12.
08/25/17
RBCM
08/25/17
UPGRADE
Target $15
RBCM
Sector Perform
Diamond Offshore upgraded to Sector Perform from Underperform at RBC Capital
RBC Capital analyst Kurt Hallead upgraded Diamond Offshore to Sector Perform and maintained a $15 price target saying there has been an improvement in the environment for offshore drillers. The analyst said contracted rig utilization has bottomed and there have been modest improvements with idle rigs going back to work. Additionally, Hallead said the company tone has definitely improved with commentary regarding more term contracts at positive margins.
ECR Eclipse Resources
$2.66

0.09 (3.50%)

06/21/17
GHSC
06/21/17
DOWNGRADE
Target $2.75
GHSC
Neutral
Eclipse Resources downgraded to Neutral from Buy at Seaport Global
Seaport Global analyst Mike Kelly downgraded Eclipse Resources to Neutral and slashed its price target to $2/75 from $3.50 to reflect a new commodity price deck. Seaport Global's Energy team reduced its long-term oil forecast to $40/bbl from $50/bbl to reflect "relentless" US production growth. The firm sees the potential for the oil market to be "significantly over supplied in 2018 and cut its oil price forecast for first half 2017 to $45/bbl from $55/bbl and first half 2018 to $35/bbl from $55/bbl.
09/08/17
GSCO
09/08/17
DOWNGRADE
Target $1.5
GSCO
Sell
Eclipse Resources downgraded to Sell from Neutral at Goldman Sachs
Goldman analyst Brian Singer downgraded Eclipse Resources to Sell and lowered its price target to $1.50 from $2.25 to reflect year-to-date outperformance, elevated leverage, and a weaker free cash flow outlook.
06/07/17
KLRG
06/07/17
INITIATION
Target $4.25
KLRG
Buy
Eclipse Resources resumed with a Buy at KLR Group
KLR Group analyst Gail Nicholson resumed coverage of Eclipse Resources with a Buy rating and $4.25 price target.
06/19/17
STFL
06/19/17
NO CHANGE
STFL
Eclipse Resources price target raised to $5 from $4 at Stifel
Stifel analyst Karl Chalabala raised his price target on Eclipse after the company said that its Utica dry gas well results had outperformed expectations and it provided higher than expected Q3 production guidance. The analyst reiterates a Buy rating on the stock.
HAL Halliburton
$45.58

0.94 (2.11%)

09/12/17
JPMS
09/12/17
NO CHANGE
JPMS
JPMorgan's fall playbook includes downgrades of Precision, Tetra
JPMorgan analyst Sean Meakim laid out his Fall 2017 playbook for the Oil Services & Equipment space and downgraded both Precision Drilling (PDS) and Tetra Technologies (TTM) to Neutral from Overweight. The analyst removed his price targets for both names. Both stocks, despite underperforming year-to-date, have few upside catalysts, Meakim tells investors in a research note. He notes Precision is now the most levered land driller in his coverage universe and that an "M&A bailout of the whole company" is unlikely for Tetra. Meakim's top picks in the sector are TechnipFMC (FTI) and Halliburton (HAL) among large caps and Core Laboratories (CLB), MRC Global (MRC) and ProPetro Holding (PUMP) among small- and mid-caps.
07/13/17
BMOC
07/13/17
NO CHANGE
BMOC
Halliburton Q2 EBITDA likely to beat expectations, says BMO Capital
BMO Capital predicts that Halliburton's Q2 EBITDA will beat expectations, as he predicts that its North America operating income will come in 19% above the consensus outlook. He says that the company "offers greatest exposure among large caps to increasing completions activity in North America, and it has least exposure to sluggish international markets." The analyst keeps an Outperform rating on the stock.
07/20/17
GHSC
07/20/17
UPGRADE
GHSC
Buy
Halliburton upgraded to Buy from Neutral at Seaport Global
Seaport Global analyst Mike Urban upgraded Halliburton to Buy with a $50 price target saying it is the largest US pressure pumping company and the cost leader and believes a large and growing backlog of drilled but uncompleted wells should drive higher demand.
07/25/17
FBCO
07/25/17
NO CHANGE
Target $55
FBCO
Outperform
Halliburton price target lowered to $55 from $60 at Credit Suisse
Credit Suisse analyst James Wicklund lowered his price target for Halliburton to $55 from $60 on the back of his lower rig count forecast. Nonetheless, the analyst reiterates an Outperform rating on the shares as the company "well exceeded" consensus expectations for the quarter.
FI Frank's International
$7.68

-0.25 (-3.15%)

09/27/17
JPMS
09/27/17
DOWNGRADE
JPMS
Underweight
Follow-up: Frank's International downgraded to Underweight at JPMorgan
As previously reported JPMorgan downgraded Frank's International to Underweight from Neutral and cut its price target to $5 from $7. Analyst Sean Meakim said shares have benefited recently from a "catch up" trade in oil service providers and believes the market is likely to be more skeptical of consensus expectations. Meakim is also cautious on Frank's due to the near continuous rotation of leadership and is not convinced the outlook for deepwater has changed materially.
08/25/17
RBCM
08/25/17
UPGRADE
RBCM
Outperform
Frank's International upgraded to Outperform from Underperform at RBC Capital
RBC Capital analyst Kurt Hallead upgraded Frank's as he believes that the environment for offshore drillers is improving, with contracted rig utilization having bottomed and idle rig utilization showing "modest improvements." He adds that the company has indicated that the margins of its term contracts have improved. Target to $10 from $9.
09/27/17
JPMS
09/27/17
DOWNGRADE
JPMS
Underweight
Frank's International downgraded to Underweight from Neutral at JPMorgan
HES Hess Corp.
$46.94

0.62 (1.34%)

06/27/17
06/27/17
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Impinj (PI) was downgraded to Sector Weight from Overweight by Pacific Crest analyst Brad Erickson based on valuation. 2. Mizuho analyst Haendel St. Juste downgraded Store Capital (STOR) to Neutral from Buy citing fair valuation following recent strength driven by Berkshire Hathaway's (BRK.A) investment. 3. Camtek (CAMT) was downgraded to Hold from Buy by Needham analyst Y. Edwin Mok, as he expects to see some deceleration as the PCB business normalizes and he believes large orders for back-end semi inspections are already reflected in the stock after its recent run-up. 4. Nomura Instinet analyst Dan Dolev downgraded Cintas (CTAS) to Neutral from Buy after lowering his FY18 uniform rental organic growth forecasts to 5% from 7%. 5. Atlantic Equities analyst Barry MacCarthy downgraded Hess Corp. (HES) and Schlumberger (SLB), both to Neutral from Overweight, given his view of the limited prospects for an oil price rebound. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
07/17/17
WOLF
07/17/17
DOWNGRADE
WOLF
Peer Perform
Hess Corp. downgraded to Peer Perform from Outperform at Wolfe Research
09/14/17
JPMS
09/14/17
DOWNGRADE
Target $45
JPMS
Neutral
Hess Corp. downgraded to Neutral from Overweight at JPMorgan
JPMorgan analyst Phil Gresh downgraded Hess Corp. to Neutral and lowered his price target for the shares to $45 from $52. The analyst highlights the company's "persistent" spending gap and "premium" valuation.
09/14/17
09/14/17
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Hertz (HTZ) downgraded to Underweight from Equal Weight at Morgan Stanley with analyst Adam Jonas citing the doubling of shares over the last three months and raised its price target to $14 from $12. 2. New Oriental Education (EDU) downgraded to Underweight from Neutral at JPMorgan with analyst Leon Chik saying the downgrade is "purely a valuation call." 3. McKesson (MCK) and AmerisourceBergen (ABC) were downgraded to Equal Weight from Overweight at Morgan Stanley. 4. Apache (APA) and Imperial Oil (IMO) were downgraded to Underweight from Neutral at JPMorgan, while Hess Corp. (HES) was downgraded to Neutral from Overweight. 5. Ryanair (RYAAY) downgraded to Reduce from Hold at HSBC with analyst Andrew Lobbenberg citing the ECJ ruling against the company's practice of employing flight crew on Irish labor contracts. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
KOS Kosmos
$8.13

0.04 (0.49%)

12/20/16
SBSH
12/20/16
UPGRADE
Target $8.5
SBSH
Buy
Kosmos upgraded to Buy from Neutral at Citi
Citi analyst Robert Morris upgraded Kosmos Energy (KOS) to Buy and raised his price target for the shares to $8.50 from $6. The partnership with BP (BP) yields a "free option" on Kosmos' 2017 exploration, Morris tells investors in a research note.
09/06/17
BERN
09/06/17
INITIATION
BERN
Market Perform
Kosmos initiated with a Market Perform at Bernstein
Bernstein analyst Bob Brackett started coverage of Kosmos with a $7 price target and a Market Perform rating. The analyst says that the company is a play on higher oil prices or "fat tail exploration success." His net asset value estimate for the company is $7 per share, slightly below yesterday's closing price of $7.27.
05/15/17
RBCM
05/15/17
NO CHANGE
RBCM
Kosmos price target raised to $13 from $10 at RBC Capital
RBC Capital analyst Al Stanton increased his price target on Kosmos. The analyst says that the company " is building a world-class gas resource" off the Senegal coast where a large amount of gas was recently discovered. He keeps an Outperform rating on the shares.
NBL Noble Energy
$28.31

0.42 (1.51%)

09/28/17
IMPC
09/28/17
INITIATION
Target $40
IMPC
Outperform
Noble Energy initiated with an Outperform at Imperial Capital
Imperial Capital analyst Irene Haas started Noble Energy with an Outperform rating and $40 price target.
08/11/17
GHSC
08/11/17
UPGRADE
Target $26
GHSC
Neutral
Noble Energy upgraded to Neutral from Sell at Seaport Global
Seaport Global analyst Mike Kelly upgraded Noble Energy to Neutral and increased its price target to $26 from $23 to reflect Delaware and DJJ basins success, combined with an improved cost structure and valuaiton.
06/21/17
GHSC
06/21/17
DOWNGRADE
Target $23
GHSC
Sell
Noble Energy downgraded to Sell from Neutral at Seaport Global
Seaport Global analyst Mike Kelly downgraded Noble to Sell from Neutral and slashed its price target to $23 from $36 to reflect a new commodity price deck. Seaport Global's Energy team reduced its long-term oil forecast to $40/bbl from $50/bbl to reflect "relentless" US production growth. The firm sees the potential for the oil market to be "significantly over supplied in 2018 and cut its oil price forecast for first half 2017 to $45/bbl from $55/bbl and first half 2018 to $35/bbl from $55/bbl.
08/29/17
JEFF
08/29/17
NO CHANGE
Target $25
JEFF
Buy
Jefferies cuts oil forecast, Exploration & Production price targets
Jefferies lowered its Brent estimate to $57 per barrel from $64 in 2018, to $60 from $67 in 2019, and to $65 from $70 in 2020. The market appears to be adequately supplied in the near term, but depleting proved developed reserves and shrinking spare capacity should support rising longer-term price assumption, analyst Michael Hsu tells investors in a research note. To reflect the reduced forecast, the analyst cut his price targets for names in the Exploration & Production space. Target cuts include Buy-rated Carrizo Oil & Gas (CRZO) to $25 from $32, Buy-rated Continental Resources (CLR) to $42 from $52, Buy-rated Newfield Exploration (NFX) to $40 from $46, Buy-rated Noble Energy (NBL) to $32 from $36, Buy-rated Oasis Petroleum (OAS) to $13 from $16, Buy-rated Pioneer Natural Resources (PXD) to $171 from $192 and Buy-rated Range Resources (RRC) to $36 from $37.
OAS Oasis Petroleum
$9.21

0.1 (1.10%)

07/19/17
BOFA
07/19/17
INITIATION
Target $9
BOFA
Oasis Petroleum reinstated with a Neutral at BofA/Merrill
BofA/Merrill analyst Asit Sen reinstated Oasis Petroleum with a Neutral and a $9 price target.
07/18/17
DBAB
07/18/17
DOWNGRADE
Target $11
DBAB
Hold
Oasis Petroleum downgraded to Hold at Deutsche Bank
Deutsche Bank analyst Ryan Todd downgraded Oasis Petroleum to Hold from Buy and lowered his price target for the shares to $11 from $18. The analyst sees a lack of near-term positive catalysts and has concerns over the company's longer term growth plans in a challenged commodity environment.
07/18/17
WILL
07/18/17
UPGRADE
WILL
Buy
Oasis Petroleum upgraded to Buy from Hold at Williams Capital
PD Phelps Dodge

QEP QEP Resources
$8.49

0.42 (5.20%)

07/31/17
STFL
07/31/17
NO CHANGE
STFL
QEP Resources shares oversold, says Stifel
Stifel analyst Derrick Whitfield says that QEP is "oversold," creating a "compelling near-term trade opportunity." The analyst says that the "M&A overhang" on the stock has lifted, while its "value proposition has improved" and it no longer poses significant risk. He thinks that the stock reflects less than $40 per barrel oil, and his sum of the parts analysis indicates that the shares are undervalued by about 75%.
09/26/17
EVER
09/26/17
NO CHANGE
EVER
In Line
QEP Resources removed rom Tactical Outperform List at Evercore ISI
Evercore ISI analyst Stephen Richardson removed QEP Resources from the Tactical Outperform List saying shares are up 12% since the Q2 blow up. The analyst rates QEP an In Line with a $12 price target.
07/28/17
JPMS
07/28/17
DOWNGRADE
Target $9
JPMS
Neutral
QEP Resources downgraded to Neutral from Overweight at JPMorgan
JPMorgan analyst Gabriel Daoud downgraded QEP Resources to Neutral and lowered his price target for the shares to $9 from $11.Williston performance continues to disappoint, which largely drove the 7% oil miss in Q2, the analyst tells investors in a research note.
07/28/17
EVER
07/28/17
NO CHANGE
Target $12
EVER
In Line
QEP Resources added to Tactical Outperform List at Evercore ISI
Evercore ISI analyst Stephen Richardson added QEP Resources to the Tactical Outperform List primarily due to valuation and thinks relative value will be noticed by the market given its high quality undeveloped Permian acres. Richardson rates QEP an In Line with a $12 price target.
RIG Transocean
$10.43

0.19 (1.86%)

09/25/17
09/25/17
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. General Motors (GM) upgraded to Buy from Hold at Deutsche Bank with analyst Rod Lache saying GM's autonomous vehicles will be ready for commercial deployment, without human drivers, much sooner than widely expected and possibly years ahead of competitors. 2. Ross Stores (ROST) upgraded to Overweight from Neutral at JPMorgan with analyst Matthew Boss saying he left meetings with management more positive on the off-price sector and believes the company is well positioned for double-digit growth. 3. Under Armour (UA, UAA) upgraded to Overweight from Sector Weight at KeyBanc with analyst Edward Yruma saying the addition of a new chief operating officer along with a renewed focus on improving financial performance point to a near-term inflection for the shares. 4. Transocean (RIG) upgraded to Buy from Neutral at UBS with analyst Angie Sedita citing "early signs of a slow recovery." 5. Box (BOX) upgraded to Outperform from Market Perform at Raymond James with analyst Brian Peterson saying risk/reward is compelling at current levels. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
08/31/17
08/31/17
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. FMC Corporation (FMC) upgraded to Buy from Underperform at BofA/Merrill with analyst Steve Byrne double upgrading FMC following survey results that indicate ag sales are likely to increase 1-3% rather than decline 1-3%, as previously expected. 2. Owens Corning (OC) upgraded to Outperform from Market Perform at Wells Fargo with analyst Stephen East saying he sees an "inexpensive valuation" versus peers and has increased comfort in Owens' ability to achieve or surpass this year's targets. Hurricane Harvey is a boost to the company's roofing business, but its insulation replacement "may be the bigger winner," East tells investors. 3. ChannelAdvisor (ECOM) upgraded to Overweight from Equal-Weight at First Analysis with analyst Lawrence Berlin citing increased confidence in the company's ability to accelerate growth and hit its mid-teen growth targets after meeting with management. 4. Abercrombie & Fitch (ANF) upgraded to Sector Perform from Underperform at RBC Capital with analyst Brian Tunick saying a return to profitability in the second half of 2017 is more likely following Q2 results that suggest that turnaround efforts are yielding results faster than anticipated. 5. Transocean (RIG) upgraded to Overweight from Equalweight at Capital One with analyst Joseph Gibney saying the group is exhibiting some modest "green shoots" and sees upside to Transocean on a relative basis even in a long/measured recovery and some semblance of contracting pickup. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
09/25/17
UBSW
09/25/17
UPGRADE
UBSW
Buy
Transocean upgraded to Buy from Neutral at UBS
UBS analyst Angie Sedita upgraded Transocean and other offshore drillers to Buy citing "early signs of a slow recovery." The analyst believes a bottom has been reached in offshore utilization for both floaters and jackups and that demand will slowly move higher in 2018. She views current valuations in the space as compelling and raised her price target for Transocean shares to $15 from $9.
09/01/17
CLKS
09/01/17
UPGRADE
CLKS
Buy
Transocean upgraded to Buy from Neutral at Clarksons Platou
SN Sanchez Energy
$4.96

0.12 (2.48%)

07/26/17
SOCO
07/26/17
DOWNGRADE
SOCO
Underweight
Sanchez Energy downgraded to Underweight from Equalweight at Capital One
06/21/17
GHSC
06/21/17
DOWNGRADE
Target $5
GHSC
Sell
Sanchez Energy downgraded to Sell from Buy at Seaport Global
Seaport Global analyst Mike Kelly downgraded Sanchez Energy to Sell from Buy and slashed its price target to $5 from $15 to reflect a new commodity price deck. Seaport Global's Energy team reduced its long-term oil forecast to $40/bbl from $50/bbl to reflect "relentless" US production growth. The firm sees the potential for the oil market to be "significantly over supplied in 2018 and cut its oil price forecast for first half 2017 to $45/bbl from $55/bbl to $35/bbl from $55/bbl.
09/15/17
JPMS
09/15/17
INITIATION
JPMS
Neutral
Sanchez Energy initiated with a Neutral at JPMorgan
JPMorgan analyst Gabriel Daoud started Sanchez Energy with a Neutral rating. The analyst has balance sheet concerns against a "still volatile" commodity price backdrop.
09/18/17
PIPR
09/18/17
DOWNGRADE
Target $6
PIPR
Neutral
Sanchez Energy downgraded to Neutral from Overweight at Piper Jaffray
Piper Jaffray analyst Kashy Harrison downgraded Sanchez Energy to Neutral and lowered his price target for the shares to $6 from $14. The company's leverage is well above peers, which increases the risk profile should commodity prices decline, the analyst tells investors in a research note.
SND Smart Sand
$7.05

-0.61 (-7.96%)

07/20/17
FBCO
07/20/17
DOWNGRADE
Target $8.5
FBCO
Neutral
Smart Sand downgraded to Neutral from Outperform at Credit Suisse
Credit Suisse analyst James Wicklund downgraded Smart Sand to Neutral from Outperform as the regional sand volumes capacity is expanding much faster than had been expected. This drives lower pricing and demand for non-Texas mines, he adds. The analyst also lowered his price target on the shares to $8.50 from $20.
07/20/17
07/20/17
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Pfizer (PFE) downgraded to Neutral from Outperform at Credit Suisse with analyst Vamil Divan saying he believes the stock's upside drivers are more limited over the next year. 2. Rite Aid (RAD) downgraded to Neutral from Buy at Mizuho. 3. Fairmount Santrol (FMSA) was downgraded to Sell from Neutral at Goldman Sachs and to Neutral from Outperform at Credit Suisse. 4. New Relic (NEWR) downgraded to Equal Weight from Overweight at Morgan Stanley with analyst Sanjit Singh saying shares are up 71% year-to-date and valuation captures solid fundamentals but sees fewer catalysts. 5. Smart Sand (SND) downgraded to Neutral from Outperform at Credit Suisse with analyst James Wicklund saying the regional sand volumes capacity is expanding much faster than had been expected. This drives lower pricing and demand for non-Texas mines, he adds. The analyst also lowered his price target on the shares to $8.50 from $20. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
06/30/17
JEFF
06/30/17
NO CHANGE
Target $15
JEFF
Buy
Jefferies sees 'very attractive value' in Smart Sand
After hosting investor meetings with management, Jefferies analyst Brad Handler sees "very attractive value" in Smart Sand. The company's CFO Lee Beckelman affirmed continued contracting negotiation momentum, that Oakdale expansion is on track and there are logical options regarding additional mine and distribution growth, Handler tells investors in a research note. He believes sand stocks are overly punished on macro concerns and growth of in-basin supply. The analyst keeps a Buy rating on Smart Sand with a $15 price target.
06/15/17
JANY
06/15/17
INITIATION
Target $13
JANY
Buy
Smart Sand initiated with a Buy at Janney Capital
Janney Capital analyst Akil Marsh started Smart Sand with a Buy rating and $13 price target. The company is well positioned to benefit from a rising frac sand pricing environment, the analyst contends.

TODAY'S FREE FLY STORIES

10:15
12/14/17
12/14
10:15
12/14/17
10:15
General news
U.S. business inventories dipped 0.1% in October with sales up 0.6% »

U.S. business inventories…

10:15
12/14/17
12/14
10:15
12/14/17
10:15
General news
Breaking General news story  »

Week of 12/8 EIA Natural…

LUXTY

Luxottica

$59.55

0.05 (0.08%)

, LUX

Symbol now LUXTY

10:12
12/14/17
12/14
10:12
12/14/17
10:12
Periodicals
Luxottica, Essilor deal expected to win unconditional EU approval, Reuters says »

The proposed $56.8B…

LUXTY

Luxottica

$59.55

0.05 (0.08%)

LUX

Symbol now LUXTY

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

JAGX

Jaguar Health

$0.12

-0.0046 (-3.60%)

10:10
12/14/17
12/14
10:10
12/14/17
10:10
Hot Stocks
Jaguar Health, Seed Mena enter collaboration agreement with Equilevia »

Jaguar Health announced…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 15

    Dec

SLV

iShares Silver Trust

$14.96

-0.19 (-1.25%)

10:10
12/14/17
12/14
10:10
12/14/17
10:10
Options
Second day of interest in iShares Silver call options »

Second day of interest in…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

P

Pandora

$5.03

0.02 (0.40%)

10:04
12/14/17
12/14
10:04
12/14/17
10:04
Hot Stocks
Pandora to offer ad-supported listeners access to on-demand listening »

Pandora announced it will…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

GHDX

Genomic Health

$28.00

-2.05 (-6.82%)

10:02
12/14/17
12/14
10:02
12/14/17
10:02
Hot Stocks
Genomic Health heads higher after Bloomberg report on sale exploration »

Shares of Genomic Health…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

10:01
12/14/17
12/14
10:01
12/14/17
10:01
General news
Business Inventories data reported »

October Business…

GOGO

Gogo

$10.39

-0.22 (-2.07%)

, DAL

Delta Air Lines

$54.30

0.67 (1.25%)

10:01
12/14/17
12/14
10:01
12/14/17
10:01
Hot Stocks
Gogo higher after Delta buys 100 planes with 2Ku Wi-Fi »

Shares of Gogo (GOGO) are…

GOGO

Gogo

$10.39

-0.22 (-2.07%)

DAL

Delta Air Lines

$54.30

0.67 (1.25%)

EADSY

Airbus

$26.16

0.62 (2.43%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 14

    Dec

AGN

Allergan

$169.34

0.1 (0.06%)

10:01
12/14/17
12/14
10:01
12/14/17
10:01
Rumors
Rumor moving shares of Allergan »

Rumor: Allergan moves…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 25

    Mar

TEVA

Teva

$18.00

2.2982 (14.64%)

10:00
12/14/17
12/14
10:00
12/14/17
10:00
Options
Teva in-the-money calls active as shares spike »

Teva in-the-money calls…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 14

    Dec

10:00
12/14/17
12/14
10:00
12/14/17
10:00
General news
U.S. December Markit manufacturing PMI jumped 1.1 points to 55.0 »

U.S. December Markit…

GBTC

Bitcoin Investment Trust

$2,335.00

62 (2.73%)

09:59
12/14/17
12/14
09:59
12/14/17
09:59
Periodicals
Citron puts fair value of Bitcoin Investment Trust at $1,600 »

Citron Research just…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

SAN

Banco Santander

$6.67

0.0832 (1.26%)

09:58
12/14/17
12/14
09:58
12/14/17
09:58
Hot Stocks
Breaking Hot Stocks news story on Banco Santander »

Banco Santander raises…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

DIS

Disney

$108.26

0.65 (0.60%)

, FOXA

21st Century Fox

$32.75

-1.35 (-3.96%)

09:57
12/14/17
12/14
09:57
12/14/17
09:57
Recommendations
Disney, 21st Century Fox analyst commentary  »

Fox deal brings…

DIS

Disney

$108.26

0.65 (0.60%)

FOXA

21st Century Fox

$32.75

-1.35 (-3.96%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 14

    Dec

  • 14

    Dec

TIF

Tiffany

$100.49

4.39 (4.57%)

, MYL

Mylan

$39.53

0.24 (0.61%)

09:55
12/14/17
12/14
09:55
12/14/17
09:55
Options
Early notable gainers among liquid option names on December 14th »

Notable gainers among…

TIF

Tiffany

$100.49

4.39 (4.57%)

MYL

Mylan

$39.53

0.24 (0.61%)

MAT

Mattel

$15.59

0.97 (6.63%)

ESRX

Express Scripts

$68.57

0.01 (0.01%)

MCK

McKesson

$158.35

3.14 (2.02%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 14

    Dec

EACQ

Easterly Acquisition Corp

09:55
12/14/17
12/14
09:55
12/14/17
09:55
Conference/Events
Easterly Acquisition Corp to host special shareholder meeting »

Special shareholder…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 14

    Dec

VTGN

VistaGen Therapeutics

$1.17

-0.01 (-0.85%)

09:53
12/14/17
12/14
09:53
12/14/17
09:53
Hot Stocks
Breaking Hot Stocks news story on VistaGen Therapeutics »

Sabby reports 9.15%…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

GHDX

Genomic Health

$28.00

-2.05 (-6.82%)

09:52
12/14/17
12/14
09:52
12/14/17
09:52
Hot Stocks
Breaking Hot Stocks news story on Genomic Health »

Genomic Health jumps 12%…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

GHDX

Genomic Health

$28.00

-2.05 (-6.82%)

09:51
12/14/17
12/14
09:51
12/14/17
09:51
Periodicals
Breaking Periodicals news story on Genomic Health »

Genomic Health exploring…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

SPY

SPDR S&P 500 ETF Trust

$267.20

0.45 (0.17%)

09:50
12/14/17
12/14
09:50
12/14/17
09:50
Options
Partial unwind in SPY vertical call spread locks in 370% winner »

Partial unwind in SPY…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

09:50
12/14/17
12/14
09:50
12/14/17
09:50
General news
U.S. business inventories preview: »

U.S. business inventories…

09:46
12/14/17
12/14
09:46
12/14/17
09:46
General news
PMI Composite Flash Manufacturing â€' Level data reported »

December PMI Composite…

09:46
12/14/17
12/14
09:46
12/14/17
09:46
General news
PMI Composite Flash â€' Level data reported »

December PMI Composite…

09:45
12/14/17
12/14
09:45
12/14/17
09:45
General news
The U.S. trade price report overshot estimates »

The U.S. trade price…

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.