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PE

Parsley Energy

$23.52

0.16 (0.68%)

, NBR

Nabors Industries

$7.42

-0.1601 (-2.11%)

12:17
02/07/18
02/07
12:17
02/07/18
12:17

Cooperman bought more Parsley, Nabors, WPX, Hess during market selloff

Leon Cooperman of Omega Advisors is speaking on CNBC.

PE

Parsley Energy

$23.52

0.16 (0.68%)

NBR

Nabors Industries

$7.42

-0.1601 (-2.11%)

WPX

WPX Energy

$14.23

-0.3901 (-2.67%)

HES

Hess Corp.

$44.85

-1.11 (-2.42%)

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    May

PE Parsley Energy
$23.52

0.16 (0.68%)

02/01/18
DBAB
02/01/18
INITIATION
DBAB
Deutsche names Parsley, Diamondback, Cimarex top E&P picks
Deutsche analyst Nitin Kumar rolled out coverage on 17 stocks in the U.S. Exploration & Production after the close today. His top picks are Parsley Energy (PE), Diamondback Energy (FANG) and Cimarex Energy (XEC).
02/01/18
DBAB
02/01/18
INITIATION
Target $38
DBAB
Buy
Parsley Energy initiated with a Buy at Deutsche Bank
Deutsche Bank analyst Nitin Kumar started Parsley Energy with a Buy rating and $38 price target.
01/30/18
SBSH
01/30/18
DOWNGRADE
Target $30
SBSH
Neutral
Parsley Energy downgraded to Neutral with $30 target at Citi
Citi analyst Jeanine Wai downgraded Parsley Energy to Neutral from Buy and lowered her price target for the shares to $30 from $38. Last night's operations update marks Parsley's third consecutive quarter of weaker than expected execution, Wai tells investors in a research note. The analyst believes the company is now in a "show-me" period.
01/30/18
SBSH
01/30/18
DOWNGRADE
SBSH
Neutral
Parsley Energy downgraded to Neutral from Buy at Citi
NBR Nabors Industries
$7.42

-0.1601 (-2.11%)

01/17/18
JPMS
01/17/18
DOWNGRADE
Target $9
JPMS
Neutral
Nabors Industries resumed with a Neutral from Overweight at JPMorgan
JPMorgan analyst Sean Meakim downgraded Nabors Industries to Neutral and lowered his price target for the shares to $9 from $15 after resuming coverage following a period of restriction. The analyst sees a balanced risk/reward profile with the shares up 50% since December 15.
01/10/18
01/10/18
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. Helmerich & Payme (HP), Nabors (NBR), RPC, Inc (RES), Basic Energy (BAS) and Superior Energy (SUP) initiated with an Equal Weight at Stephens. The firm also initiated ProPetro (PUMP), Keane (FRAC) and Patterson-UTI (PTEN) with an Overweight. 2. Molson Coors (TAP) and Constellation Brands (STZ) initiated with an Overweight at Barclays, while Brown-Forman (BFA, BFB, BF.A, BF.B) was initiated with an Equal Weight. 3. Cisco (CSCO) assumed with an Overweight at Piper Jaffray, while F5 Networks (FFIV) and Juniper (JNPR) were assumed with a Neutral. 4. CorSite Realty (COR) initiated with an overweight at MUFG. 5. Epizyme (EPZM) initiated with an Overweight at Morgan Stanley. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
01/09/18
SPHN
01/09/18
INITIATION
Target $58
SPHN
Equal Weight
Nabors Industries initiated with an Equal Weight at Stephens
Stephens analyst Tommy Moll initiated Nabors Industries with an Equal Weight and $58 price target.
11/08/17
JEFF
11/08/17
UPGRADE
Target $9
JEFF
Buy
Nabors Industries upgraded to Buy from Hold at Jefferies
Jefferies analyst Brad Handler upgraded Nabors Industries (NBR) to Buy citing visibility into free cash flow and earnings upside potential. The analyst raised his price target for the shares to $9 from $8. The analyst sees "incremental positives" for drillers including a path to activity and dayrate increases through 2018. His preference rank order within drilling is Patterson-UTI (PTEN), Precision Drilling (PDS), Nabors and Helmerich & Payne (HP).
WPX WPX Energy
$14.23

-0.3901 (-2.67%)

02/06/18
RILY
02/06/18
INITIATION
Target $20
RILY
Buy
WPX Energy initiated with a Buy at B. Riley FBR
B. Riley FBR analyst Rehan Rashid started WPX Energy with a Buy rating and $20 price target.
02/01/18
DBAB
02/01/18
INITIATION
Target $19
DBAB
Buy
WPX Energy initiated with a Buy at Deutsche Bank
Deutsche Bank analyst Nitin Kumar started WPX Energy with a Buy rating and $19 price target.
02/01/18
GSCO
02/01/18
UPGRADE
GSCO
Conviction Buy
WPX Energy upgraded to Conviction Buy from Buy at Goldman Sachs
Goldman Sachs analyst Brian Singer added WPX Energy to the Conviction Buy List and raised its price target to $21 from $18. Singer said WPX's Permian/Bakken resource base is well positioned and sees 30% oil volume CAGR in 2018-2019 and a free-cash-flow inflection which remains underappreciated by the Street. The analyst expects asset sales/monetizations and EBITDA margin improvement as catalysts for shares.
02/01/18
GSCO
02/01/18
UPGRADE
Target $21
GSCO
Conviction Buy
WPX Energy upgraded to Conviction Buy from Buy at Goldman Sachs
Goldman Sachs analyst Brian Singer adds WPX Energy to his firm's Conviction Buy List with 41% upside to his $21 price target. The analyst views the company's Permian/Bakken resource base as "advantageously positioned" and sees the company approaching a free cash flow inflection. He believes this is underappreciated by the Street.
HES Hess Corp.
$44.85

-1.11 (-2.42%)

01/22/18
SBSH
01/22/18
UPGRADE
Target $73
SBSH
Neutral
Occidental Petroleum upgraded to Neutral from Sell at Citi
Citi analyst Robert Morris upgraded Occidental Petroleum (OXY) to Neutral and raised his price target for the shares to $73 from $64. The upgrades follows the analyst's estimate increases last week. His highest conviction pair trade into Q4 earnings is long Occidental versus Hess Corp. (HES). He expects Hess to miss on production and to lower its 2018 guidance due to shut-ins in the deepwater Gulf of Mexico and weather-related issues in the Bakken. Occidental, on the other hand, is "hitting on all cylinders," Morris writes.
01/17/18
MACQ
01/17/18
INITIATION
Target $65
MACQ
Outperform
Hess Corp. initiated with an Outperform at Macquarie
Macquarie analyst Kate Sloan initiated Hess Corp with an Outperform and $65 price target telling investors are undervaluing Guyana future cash flows due to capex concerns, while the Bakken continues to be valued at a discount to the Permian. Sloan expects Hess returns to grow quickly into the next decade and views valuation as an attractive entry point
12/15/17
JPMS
12/15/17
DOWNGRADE
Target $44
JPMS
Underweight
Hess Corp. downgraded to Underweight from Neutral at JPMorgan
JPMorgan analyst Michael Glick downgraded Hess Corp. to Underweight and lowered his price target for the shares to $44 from $45. The analyst cites the company's "premium" valuation and "bottom-tier" sustaining free cash yield after incorporating recent asset sales for the downgrade.
12/11/17
FBCO
12/11/17
INITIATION
FBCO
Underperform
Hess Corp. initiated with an Underperform at Credit Suisse
Credit Suisse analyst William Featherston initiated Hess Corp. with an Underperform rating and $38 price target.

TODAY'S FREE FLY STORIES

12:35
02/20/18
02/20
12:35
02/20/18
12:35
General news
Treasury Option Action: call buying in the belly has grown »

Treasury Option Action:…

TM

Toyota

$136.51

0.31 (0.23%)

12:33
02/20/18
02/20
12:33
02/20/18
12:33
Hot Stocks
Toyota recalls some Sequoia and Tundra vehicles »

Toyota Motor North…

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ZNGA

Zynga

$3.59

0.02 (0.56%)

12:30
02/20/18
02/20
12:30
02/20/18
12:30
Conference/Events
Zynga management to meet with Benchmark »

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12:28
02/20/18
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12:28
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12:28
Conference/Events
Cantor analysts to hold an analyst/industry conference call »

Analysts, along with…

QTNA

Quantenna Communications

$14.10

0.01 (0.07%)

12:27
02/20/18
02/20
12:27
02/20/18
12:27
Conference/Events
Quantenna Communications management to meet with Benchmark »

Meetings to be held in…

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    Mar

BHP

BHP Billiton

$46.62

-2.07 (-4.25%)

12:25
02/20/18
02/20
12:25
02/20/18
12:25
Downgrade
BHP Billiton rating change  »

BHP Billiton downgraded…

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03/06/13
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QNTA

Quanta Capital Hldgs

12:25
02/20/18
02/20
12:25
02/20/18
12:25
Conference/Events
Quanta Capital Hldgs management to meet with Benchmark »

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MRVL

Marvell

$22.68

-0.06 (-0.26%)

12:25
02/20/18
02/20
12:25
02/20/18
12:25
Options
Marvell call volume above normal and directionally bullish »

Bullish option flow…

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MRVL

Marvell

$22.68

-0.06 (-0.26%)

, CAVM

Cavium

$87.16

-0.09 (-0.10%)

12:25
02/20/18
02/20
12:25
02/20/18
12:25
Conference/Events
Cavium to host special shareholder meeting »

Special Shareholder…

MRVL

Marvell

$22.68

-0.06 (-0.26%)

CAVM

Cavium

$87.16

-0.09 (-0.10%)

03/08/13
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03/06/13
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03/06/13
Barclays

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  • 20

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  • 08

    Mar

12:25
02/20/18
02/20
12:25
02/20/18
12:25
Conference/Events
UBS airlines analyst holds an analyst/industry conference call »

Analyst Genovesi, along…

SCI

Service Corp.

$38.65

-0.2 (-0.51%)

12:25
02/20/18
02/20
12:25
02/20/18
12:25
Conference/Events
Service Corp. to host investor day »

Investor Day to be held…

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    Mar

WMT

Walmart

$95.22

-9.56 (-9.12%)

12:21
02/20/18
02/20
12:21
02/20/18
12:21
Recommendations
Walmart analyst commentary  »

Walmart e-commerce…

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WMT

Walmart

$95.23

-9.55 (-9.11%)

, HD

Home Depot

$189.64

2.67 (1.43%)

12:17
02/20/18
02/20
12:17
02/20/18
12:17
General news
On The Fly: Top stock stories at midday »

Stocks opened deep in…

WMT

Walmart

$95.23

-9.55 (-9.11%)

HD

Home Depot

$189.64

2.67 (1.43%)

NXPI

NXP Semiconductors

$118.50

1.58 (1.35%)

QCOM

Qualcomm

$64.85

-0.43 (-0.66%)

AVGO

Broadcom

$248.89

-2.94 (-1.17%)

RAD

Rite Aid

$2.21

0.0801 (3.76%)

MDXG

MiMedx

$14.47

-0.96 (-6.22%)

UBNT

Ubiquiti

$74.04

-1.25 (-1.66%)

VYGR

Voyager Therapeutics

$19.36

0.19 (0.99%)

ABBV

AbbVie

$120.79

2.19 (1.85%)

FOGO

Fogo De Chao

$12.55

-0.15 (-1.18%)

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$NSD

NASDAQ Market Internals

12:17
02/20/18
02/20
12:17
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12:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

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$NYE

NYSE Market Internals

12:16
02/20/18
02/20
12:16
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12:16
Technical Analysis
NYSE market internals summary »

Volume is average for…

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VALE

Vale

$14.23

0.105 (0.74%)

12:15
02/20/18
02/20
12:15
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12:15
Options
Vale put volume heavy and directionally bearish »

Bearish flow noted in…

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EFII

Electronics for Imaging

$28.11

0.04 (0.14%)

12:10
02/20/18
02/20
12:10
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12:10
Conference/Events
Electronics for Imaging management to meet with Loop Capital »

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BHP

BHP Billiton

$46.89

-1.8 (-3.70%)

12:09
02/20/18
02/20
12:09
02/20/18
12:09
Downgrade
BHP Billiton rating change  »

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03/06/13
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MYL

Mylan

$41.63

-0.51 (-1.21%)

12:05
02/20/18
02/20
12:05
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12:05
Options
Mylan call volume above normal and directionally bullish »

Bullish option flow…

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12:05
02/20/18
02/20
12:05
02/20/18
12:05
General news
Euro$ interest rate futures are mostly lower »

Euro$ interest rate…

SYNT

Syntel

$26.87

1.16 (4.51%)

12:03
02/20/18
02/20
12:03
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12:03
Conference/Events
Syntel management to meet with Loop Capital »

Group luncheon to be held…

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  • 20

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HSIC

Henry Schein

$69.52

1.14 (1.67%)

12:00
02/20/18
02/20
12:00
02/20/18
12:00
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Henry Schein rating change  »

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  • 20

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12:00
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General news
FX Action: USD-JPY »

FX Action: USD-JPY has…

GPS

Gap

$32.18

-1.0899 (-3.28%)

11:58
02/20/18
02/20
11:58
02/20/18
11:58
Recommendations
Gap analyst commentary  »

Jefferies remains buyer…

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  • 01

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HSIC

Henry Schein

$69.52

1.14 (1.67%)

11:55
02/20/18
02/20
11:55
02/20/18
11:55
Downgrade
Henry Schein rating change  »

Henry Schein downgraded…

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  • 20

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