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AXAS

Abraxas Petroleum

$2.86

0.01 (0.35%)

, BAS

Basic Energy

$14.74

0.21 (1.45%)

04:55
05/16/18
05/16
04:55
05/16/18
04:55

Stephens to hold a summit

2nd Annual Stephens Energy Executive Summit will be held in Little Rock, Arkansas on May 15-16 where on Day 1 will be a golf outing with 1:1ss with various companies will be held on May 16.

AXAS

Abraxas Petroleum

$2.86

0.01 (0.35%)

BAS

Basic Energy

$14.74

0.21 (1.45%)

CDEV

Centennial Resource Development

$19.73

0.17 (0.87%)

CXO

Concho Resources

$149.63

-0.92 (-0.61%)

ERII

Energy Recovery

$8.62

0.01 (0.12%)

FTK

Flotek

$3.39

-0.14 (-3.97%)

HK

Halcon Resources

$4.92

0.025 (0.51%)

RDC

Rowan Companies

$16.54

0.445 (2.76%)

QES

Quintana Energy Services

$8.77

-0.17 (-1.90%)

PE

Parsley Energy

$31.95

0.32 (1.01%)

NBR

Nabors Industries

$8.14

0.1 (1.24%)

MUR

Murphy Oil

$30.85

0.25 (0.82%)

LLEX

Lilis Energy

$4.25

-0.08 (-1.85%)

RSPP

RSP Permian

$47.35

-0.37 (-0.78%)

SBOW

SilverBow Resources

$28.75

(0.00%)

SN

Sanchez Energy

$3.88

-0.015 (-0.39%)

SRCI

SRC Energy

$12.04

0.08 (0.67%)

TUSK

Mammoth Energy

$33.72

(0.00%)

XOG

Extraction Oil & Gas

$14.41

-0.17 (-1.17%)

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    Aug

AXAS Abraxas Petroleum
$2.86

0.01 (0.35%)

12/19/17
BARD
12/19/17
UPGRADE
BARD
Outperform
Abraxas Petroleum assumed with Outperform from Neutral at Baird
Baird analyst Joseph Allman assumed coverage on Abraxas Petroleum with an Outperform versus the firm's prior Neutral rating. Allman has a $3 price target on Abraxas Petroleum shares.
08/11/17
GHSC
08/11/17
UPGRADE
GHSC
Buy
Abraxas Petroleum upgraded to Buy from Neutral at Seaport Global
Seaport Global analyst Mike Kelly upgraded Abraxas Petroleum to Buy and raised its price target to $2.50 from $2 to reflect relative share underperformance, "fantastic progress" in the Delaware, and "very bullish" projections through 2019.
07/24/17
ADAM
07/24/17
INITIATION
Target $2.5
ADAM
Buy
Abraxas Petroleum initiated with a Buy at Canaccord
Canaccord Genuity analyst Sam Roach started Abraxas Petroleum with a Buy rating and $2.50 price target. The company is creating shareholder value despite low oil prices by de-risking assets, growing net asset value and improving well design, the analyst contends.
06/21/17
GHSC
06/21/17
DOWNGRADE
GHSC
Neutral
Abraxas Petroleum downgraded to Neutral from Buy at Seaport Global
BAS Basic Energy
$14.74

0.21 (1.45%)

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.
12/20/17
GHSC
12/20/17
UPGRADE
GHSC
Buy
Basic Energy upgraded to Buy from Neutral at Seaport Global
05/07/18
PIPR
05/07/18
UPGRADE
Target $17.5
PIPR
Overweight
Basic Energy upgraded to Overweight from Neutral at Piper Jaffray
Piper Jaffray analyst John Daniel upgraded Basic Energy Services to Overweight while lowering his price target for the shares to $17.50 from $19. The analyst thinks the company's "debt-laden" balance sheet, while responsible for the underperformance of the shares, "falls short of being toxic." He calls Basic Energy a "pleasant anomaly" in the Oilfield Services space given its attractive valuation relative to peers.
01/09/18
SPHN
01/09/18
INITIATION
Target $26
SPHN
Equal Weight
Basic Energy initiated with an Equal Weight at Stephens
Stephens analyst Tommy Moll initiated Basic Energy with an Equal Weight and $26 price target.
CDEV Centennial Resource Development
$19.73

0.17 (0.87%)

03/13/18
BMOC
03/13/18
UPGRADE
Target $22
BMOC
Outperform
Centennial Resource Development upgraded to Outperform from Market Perform at BMO Capital
BMO Capital analyst Dan McSpirit upgraded Centennial Resource Development to Outperform from Market Perform and kept his $22 price target. McSpirit cites a valuation opportunity that is now in line with its Permian peers following some recent "sponsorship selling" for a company that is executing with a "top-tier" growth rate.
03/21/18
JRCO
03/21/18
INITIATION
Target $25
JRCO
Buy
Centennial Resource Development initiated with a Buy at Johnson Rice
Johnson Rice started Centennial Resource Development with a Buy rating and $25 price target.
03/21/18
JRCO
03/21/18
INITIATION
Target $25
JRCO
Buy
Centennial Resource Development initiated with a Buy at Johnson Rice
Johnson Rice analyst Brian Corales initiated Centennial Resource Development with a Buy and $25 price target.
03/13/18
03/13/18
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. Altice USA (ATUS) upgraded to Conviction Buy from Buy at Goldman Sachs with analyst Brett Feldman citing solid fundamentals and attractive valuation, capital return potential from the spin-off from Altice NV, and overstated concerns regarding rising interest rates on the company's capital structure. 2. Total (TOT) upgraded to Overweight from Equal Weight at Barclays with analyst Lydia Rainforth saying she sees the company continuing to win in the Middle East. 3. M.D.C. Holdings (MDC) upgraded to Buy from Sell at UBS with analyst Daniel Oppenheim saying he believes the company can lift its return on equity to 12.0% in 2019 driven by recent investments in land and greater capital utilization. 4. Centennial Resource Development (CDEV) upgraded to Outperform from Market Perform at BMO Capital with analyst Dan McSpirit citing a valuation opportunity that is now in line with its Permian peers following some recent "sponsorship selling" for a company that is executing with a "top-tier" growth rate. 5. Noble Energy (NBL) upgraded to Buy from Hold at Argus with analyst Bill Selesky saying the company is positioned to benefit from "improving industry fundamentals, including reduced production from OPEC members." This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
CXO Concho Resources
$149.63

-0.92 (-0.61%)

04/02/18
KLRG
04/02/18
DOWNGRADE
KLRG
Hold
RSP Permian downgraded to Hold from Buy at KLR Group
RSP Permian (RSPP) has entered into a definitive agreement under which Concho Resources (CXO) will acquire the company in an all-stock transaction valued at approximately $9.5B, inclusive of RSP's net debt.
05/15/18
JPMS
05/15/18
NO CHANGE
Target $180
JPMS
Overweight
Concho Resources price target raised to $180 from $165 at JPMorgan
JPMorgan analyst Arun Jayaram raised his price target for Concho Resources (CXO) to $180 ahead of the upcoming merger with RSP Permian (RSPP). The analyst forecasts an increase in Concho's annual production growth through 2021 to 23% from 20% and "significant" free cash flow generation. He keeps an Overweight rating on Concho shares.
04/03/18
FBCO
04/03/18
DOWNGRADE
Target $51
FBCO
Neutral
RSP Permian downgraded to Neutral from Outperform at Credit Suisse
Credit Suisse analyst Betty Jiang downgraded RSP Permian (RSPP) to Neutral from Outperform post fair takeout price paid by Concho Resources (CXO). The analyst also lowered his price target on the shares to $51 from $53.
04/02/18
MUFG
04/02/18
NO CHANGE
MUFG
Concho Resources price target raised to $171 from $167 at MUFG
MUFG analyst Michael McAllister raised his price target to $171 from $167and maintained an Overweight rating on Concho shares, after Concho Resources (CXO) announced the acquisition of RSP Permian (RSPP) in an all-stock $8.8B transaction expected to close in the third quarter. McAllister expects the combined company to overtake the previous leader as the most active in the basin, and sees further consolidation in the future.
ERII Energy Recovery
$8.62

0.01 (0.12%)

09/07/17
SOCO
09/07/17
INITIATION
Target $16
SOCO
Overweight
Energy Recovery initiated with an Overweight at Capital One
Capital One started Energy Recovery with an Overweight rating and $16 price target.
09/07/17
09/07/17
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. AstraZeneca (AZN) initiated with an Outperform at BMO Capital. 2 aTyr Pharma (LIFE) initiated with an Overweight at Piper Jaffray. 3. Electronics for Imaging (EFII) reinstated with a Buy at Citi. 4. NextEra Energy (NEE) reinstated with an Overweight at JPMorgan. 5. Energy Recovery (ERII) initiated with an Overweight at Capital One. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
02/27/18
RILY
02/27/18
NO CHANGE
Target $20
RILY
Buy
B. Riley FBR an 'aggressive' buyer of Energy Recovery on today's selloff
B. Riley FBR analyst Thomas Curran believes the resignation of CEO Joel Gay will prove a net positive for Energy Recovery. Gay had sustained "significant reputation damage" due to how he managed the VorTeq initiative, Curran tells investors in a research note. Further, after speaking to Energy Recovery, he notes that Gay resigned "entirely for personal reasons" and that his reasons have nothing to do with the company's fundamentals. The analyst believes the company is not about to disclose any related material surprises. Curran believes Energy Recovery shares offer a "compelling" risk/reward and he's an "aggressive" buyer on today's selloff. The analyst has a Buy rating on the shares with a $20 price target. The stock in late morning trading is down 88c to $6.80.
10/17/17
GHSC
10/17/17
INITIATION
Target $17
GHSC
Buy
Energy Recovery initiated with a Buy at Seaport Global
Seaport Global analyst Sonny Randhawa initiated Energy Recovery with a Buy and $17 price target.
FTK Flotek
$3.39

-0.14 (-3.97%)

HK Halcon Resources
$4.92

0.025 (0.51%)

03/28/18
ROTH
03/28/18
NO CHANGE
Target $50.5
ROTH
Buy
Concho acquisition of RSP may be catalyst for Permian consolidation, says Roth Capital
Roth Capital analyst John White notes that Concho Resources (CXO) and RSP Permian announced they have entered into a definitive agreement under which the former will acquire the latter in an all-stock transaction valued at approximately $9.5B, inclusive of RSP's net debt. The analyst believes this transaction could potentially be a catalyst for additional consolidation in the Permian Basin. White points out that there are a large number of small and mid-cap operators active in the basin, including Approach Resources (AREX), Callon Petroleum (CPE), Diamondback Energy (FANG), Earthstone Energy (ESTE), Halcon Resources (HK), Laredo Petroleum (LPI), Matador (MTDR), Parsley Energy (PE), Ring Energy (REI). The analyst has a Buy rating and $50.50 price target on RSP Permian's shares.
10/18/17
JRCO
10/18/17
UPGRADE
JRCO
Buy
Halcon Resources upgraded to Buy from Accumulate at Johnson Rice
02/12/18
IMPC
02/12/18
NO CHANGE
IMPC
Halcon well results prove value of assets, says Imperial Capital
Imperial Capital analyst Megan Barnett maintained an Outperform rating and $12 price target on Halcon Resources, saying well results in both Delaware regions show the value and potential inventory to catalyze Halcon's future growth, while the three recently announced acquisitions add incremental economic inventory for continued future development.
10/17/17
GHSC
10/17/17
UPGRADE
Target $8
GHSC
Buy
Halcon Resources upgraded to Buy from Neutral at Seaport Global
Seaport analyst Mike Kelly upgraded Halcon Resources to Buy and increased its price target to $8 from $7 due to relative underperformance. The analyst said FY18 execution fears are overblown and expects investors to respond favorably as greater clarity emerges and as delineation continues.
RDC Rowan Companies
$16.54

0.445 (2.76%)

05/10/18
BOFA
05/10/18
UPGRADE
BOFA
Neutral
Rowan Companies upgraded to Neutral from Underperform at BofA/Merrill
01/23/18
LEHM
01/23/18
DOWNGRADE
Target $10
LEHM
Underweight
Rowan Companies downgraded to Underweight from Equal Weight at Barclays
Barclays analyst J. David Anderson downgraded Rowan Companies (RDC) to Underweight and lowered his price target for the shares to $10 from $14. The analyst views the offshore drillers as "highly overvalued" following the recent share rallies. He cut his near-term floater forecast to $150,000 per day from $235,000 per day and now sees 35% average downside to offshore drillers. Anderson this morning also downgraded Diamond Offshore (DO) to Underweight and cut his price target on Ensco (ESV) to $4 from $6, on Noble Corp. (NE) to $4 from $5 and on Transocean (RIG) to $7 from $9.
01/11/18
PIPR
01/11/18
DOWNGRADE
PIPR
Neutral
Rowan Companies downgraded to Neutral from Overweight at Piper Jaffray
Piper Jaffray analyst Ian Macpherson downgraded Rowan Companies to Neutral while raising his price target for the shares to $17.60 from $16.50. The analyst cites valuation as he believes Oil Service stocks are now ahead of fundamentals.
02/14/18
DNBM
02/14/18
UPGRADE
DNBM
Buy
Rowan Companies upgraded to Buy from Hold at DNB Markets
QES Quintana Energy Services
$8.77

-0.17 (-1.90%)

03/06/18
EVER
03/06/18
INITIATION
Target $13
EVER
Outperform
Quintana Energy Services initiated with an Outperform at Evercore ISI
Evercore ISI analyst James West initiated Quintana Energy Services with an Outperform and $13 price target.
03/06/18
SPHN
03/06/18
INITIATION
Target $14
SPHN
Overweight
Quintana Energy Services initiated with an Overweight at Stephens
Stephens analyst Tommy Moll started Quintana Energy Services with an Overweight rating and $14 price target, citing its clean balance sheet, discounted valuation and opportunity to benefit from the strong macro and rising rig count environment.
03/15/18
SOCO
03/15/18
INITIATION
Target $13
SOCO
Overweight
Quintana Energy Services initiated with an Overweight at Capital One
Capital One initiated Quintana Energy Services with an Overweight and $13 price target.
03/15/18
03/15/18
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. Radian Group (RDN) initiated with a Neutral at Macquarie. 2. Cheniere Energy (LNG) initiated with a Buy at BofA/Merrill. 3. Avid Bioservices (CDMO) initiated with an Outperform at Wells Fargo. 4. Quintana Energy Services (QES) initiated with an Overweight at Capital One. 5. II-VI (IIVI) initiated with a Buy at DA Davidson. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
PE Parsley Energy
$31.95

0.32 (1.01%)

04/03/18
GHSC
04/03/18
DOWNGRADE
GHSC
Neutral
Parsley Energy downgraded to Neutral from Buy at Seaport Global
Seaport Global analyst Mike Kelly downgraded Parsley Energy to Neutral citing recent share outperformance.
03/29/18
RHCO
03/29/18
NO CHANGE
Target $34
RHCO
Buy
Parsley Energy price target raised to $34 from $31 at SunTrust
SunTrust analyst Neal Dingmann raised his price target on Parsley Energy to $34, saying the company's recent Permian wells output data suggest that its early 2018 operational issues may be in the past. Dingmann keeps his Buy rating on the stock, adding that his "near Street high" FY19 forecasts assume improvements in operating efficiencies as well as "established zones/spacing/well designs along with relatively stable pricing and an increasing drilling cadence".
05/07/18
RHCO
05/07/18
NO CHANGE
Target $45
RHCO
Buy
Parsley Energy price target raised to $45 from $38 at SunTrust
SunTrust analyst Neal Dingmann raised his price target on Parsley Energy to $45 and kept his Buy rating after its Q1 earnings beat, saying the company's positive result is likely a sign of strength in the upcoming quarters. The analyst cites the company's operating plans focusing on known targets and also points to the early successes on the Delaware basin, making Parsley Energy's 2019 program and expected ramp "even more attractive". Dingmann further believes that the issues facing the company, such as adverse weather and financing uncertainty, are in the past.
NBR Nabors Industries
$8.14

0.1 (1.24%)

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).
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.
01/09/18
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.
MUR Murphy Oil
$30.85

0.25 (0.82%)

12/11/17
FBCO
12/11/17
INITIATION
Target $30
FBCO
Neutral
Murphy Oil initiated with a Neutral at Credit Suisse
Credit Suisse analyst William Featherston initiated Murphy Oil with a Neutral rating and $30 price target.
03/29/18
SOCG
03/29/18
UPGRADE
SOCG
Buy
Murphy Oil upgraded to Buy from Hold at Societe Generale
03/07/18
UBSW
03/07/18
INITIATION
Target $28
UBSW
Neutral
Murphy Oil initiated with a Neutral at UBS
UBS analyst Lloyd Byrne started Murphy Oil with a Neutral rating and $28 price target.
12/12/17
12/12/17
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. Mylan (MYL), Teva (TEVA) and Endo (ENDP) initiated with a Neutral at Gugenheim, while Impax (IPXL) was initiated with a Buy. 2. Stitch Fix (SFIX) initiated with an Outperform at William Blair, a Neutral at JPMorgan and Goldman Sachs, an Overweight at Piper Jaffray, an Equal Weight at Barclays and a Hold at Stifel. 3. Exxon Mobil (XOM) and ConocoPhillips (COP) initiated with a Neutral at Credit Suisse. The firm also started Range Resources (RRC) and Anadarko (APC) with an Outperform, and Laredo Petroleum (LPI), Energen (EGN), Southwestern Energy (SWN), Noble Energy (NBL), Murphy Oil (MUR), Cabot Oil & Gas (COG) and Newfield Exploration (NFX) with a Neutral rating. 4. Restaurant Brands (QSR) initiated with an Outperform at Evercore ISI. 5. Waste Connections (WCN) initiated with an Outperform, named a top pick at BMO Capital. This list is just a portion of The Fly's full analyst coverage. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
LLEX Lilis Energy
$4.25

-0.08 (-1.85%)

10/05/17
SOCO
10/05/17
INITIATION
Target $7
SOCO
Overweight
Lilis Energy initiated with an Overweight at Capital One
Capital One initiated Lilis Energy with an Overweight and $7 price target saying initial Permian production rates top many of its Permian peers.
09/29/17
SPHN
09/29/17
INITIATION
Target $6
SPHN
Overweight
Lilis Energy initiated with an Overweight at Stephens
Stephens analyst Ben Wyatt started Lilis Energy with an Overweight rating and $6 price target. The company is positioned to capitalize on the ongoing success taking place in the Delaware Basin, the analyst contends.
09/26/17
09/26/17
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. DowDuPont (DWDP) initiated with a Hold at HSBC. 2. Lilis Energy (LLEX) initiated with a Buy at Williams Capital. 3. Alder Biopharmaceuticals (ALDR) initiated with an Outperform at Cowen. 4. Corium (CORI) initiated with a Buy at H.C. Wainwright. 5. Tegna (TGNA) initiated with a Sector Perform at RBC Capital. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
02/06/18
RILY
02/06/18
INITIATION
Target $5.5
RILY
Buy
Lilis Energy initiated with a Buy at B. Riley FBR
B. Riley FBR analyst Rehan Rashid started Lilis Energy with a Buy rating and $5.50 price target.
RSPP RSP Permian
$47.35

-0.37 (-0.78%)

04/16/18
ROTH
04/16/18
DOWNGRADE
ROTH
Neutral
RSP Permian downgraded to Neutral from Buy at Roth Capital
Roth Capital analyst John White downgraded RSP Permian (RSPP) to Neutral, citing the company's agreement to be acquired by Concho Resources (CXO) in an all-stock transaction valued at approximately $9.5B, inclusive of RSP's net debt.
04/03/18
GHSC
04/03/18
DOWNGRADE
GHSC
Neutral
RSP Permian downgraded to Neutral from Buy at Seaport Global
RSP Permian (RSPP) has agreed to be acquired by Concho Resources (CXO) in an all-stock transaction valued at approximately $9.5B, inclusive of RSP's net debt.
04/09/18
STFL
04/09/18
DOWNGRADE
STFL
Hold
RSP Permian downgraded to Hold from Buy at Stifel
RSP Permian (RSPP) has agreed to be acquired by Concho Resources (CXO) in an all-stock transaction valued at approximately $9.5B, inclusive of RSP's net debt.
SBOW SilverBow Resources
$28.75

(0.00%)

12/19/17
GHSC
12/19/17
UPGRADE
GHSC
Buy
SilverBow Resources upgraded to Buy from Neutral at Seaport Global
09/29/17
SPHN
09/29/17
INITIATION
Target $28
SPHN
Overweight
SilverBow Resources initiated with an Overweight at Stephens
Stephens analyst Ben Wyatt started SilverBow Resources with an Overweight rating and $28 price target. Following its restructuring, the company offers an "under the radar gas story" at a compelling valuation, the analyst contends.
04/10/18
RHCO
04/10/18
INITIATION
Target $37
RHCO
Buy
SilverBow Resources initiated with a Buy at SunTrust
SunTrust analyst Neal Dingmann initiated SilverBow with a Buy rating and a price target of $37, citing the company's "all-in" strategy to generate returns in the natural gas & liquids market while also maintaining a "solid" balance sheet. Dingmann adds that SilverBow's "strong wells" and attractive asset differentials mitigate the low natural gas prices and being levered to natural gas. The analyst also sees the stock trading at a "significant discount" but believes the valuation gap can be closed as the company brings more wells online and completes accretive acquisitions.
09/28/17
NORL
09/28/17
INITIATION
Target $42
NORL
Outperform
SilverBow Resources initiated with an Outperform at Northland
Northland analyst Jeff Grampp initiated SIlverBow Resources with an Outperform and $42 price target saying it is an attractively valued Eagle Ford E&P with a catalyst rich calendar as it redevelops legacy areas with newer completion designs and delineates new areas.
SN Sanchez Energy
$3.88

-0.015 (-0.39%)

04/18/18
KLRG
04/18/18
DOWNGRADE
Target $3
KLRG
Hold
Sanchez Energy downgraded to Hold from Buy at KLR Group
KLR Group analyst John Gerdes downgraded Sanchez Energy to Hold with a $3 price target citing valuation.
02/27/18
NORL
02/27/18
DOWNGRADE
NORL
Market Perform
Sanchez Energy downgraded to Market Perform from Outperform at Northland
12/15/17
JPMS
12/15/17
DOWNGRADE
JPMS
Underweight
Sanchez Energy downgraded to Underweight from Neutral at JPMorgan
JPMorgan analyst Michael Glick downgraded Sanchez Energy to Underweight without a price target. The company screens in the "bottom bucket" with respect to the analyst's free cash flow analysis.
05/08/18
JRCO
05/08/18
DOWNGRADE
JRCO
Accumulate
Sanchez Energy downgraded to Accumulate from Buy at Johnson Rice
SRCI SRC Energy
$12.04

0.08 (0.67%)

04/24/18
SOCO
04/24/18
DOWNGRADE
SOCO
Equalweight
SRC Energy downgraded to Equalweight from Overweight at Capital One
04/24/18
SOCO
04/24/18
DOWNGRADE
SOCO
Equalweight
SRC Energy downgraded to Equalweight at Capital One
As previously reported, Capital One downgraded SRC Energy to Equalweight from Overweight with a $14 price target. Analyst Phillips Johnston said he was somewhat disappointed in per-announced Q1 operating results and has increased concerns that gas processing constraints will become an issue shortly after de-bottlenecking relief comes late this summer. Further, the analyst said shares have outperformed recently making valuation less attractive.
04/30/18
ROTH
04/30/18
DOWNGRADE
Target $12
ROTH
Neutral
SRC Energy downgraded to Neutral from Buy at Roth Capital
Roth Capital analyst John White downgraded SRC Energy to Neutral from Buy after updating his Q1 commodity prices for actual prices during the quarter and updating his Net Asset Values given his revised oil and gas price deck. His $12 price target for SRC leaves less than 10% upside from the stock's closing price on Friday of $11.11, White noted.
05/08/18
KLRG
05/08/18
DOWNGRADE
Target $13
KLRG
Hold
SRC Energy downgraded to Hold from Buy at KLR Group
KLR Group analyst John Gerdes downgraded SRC Energy to Hold while raising his price target for the shares to $13 from $12. The analyst cites valuation for the downgrade with the shares up over 30% since early April.
TUSK Mammoth Energy
$33.72

(0.00%)

04/06/18
SPHN
04/06/18
NO CHANGE
Target $40
SPHN
Overweight
Mammoth Energy price target raised to $40 from $36 at Stephens
Stephens analyst Tommy Moll increased his price target on Mammoth Energy shares to $40 from $36, stating that its management team has consistently proven the ability to acquire assets at a low basis and quickly scale platforms. He maintains an Overweight rating on Mammoth Energy, which he sees offering investors differentiated exposure given its diverse portfolio of energy services businesses.
04/11/18
TUDR
04/11/18
DOWNGRADE
TUDR
Hold
Mammoth Energy downgraded to Hold from Buy at Tudor Pickering
02/28/18
JRCO
02/28/18
UPGRADE
JRCO
Buy
Mammoth Energy upgraded to Buy from Accumulate at Johnson Rice
Johnson Rice analyst Daniel Burke upgraded Mammoth Energy to Buy following the latest addition to its Puerto Rico electrical restoration contract of $500M. Burke said the cash flows the company is generating on this contract are dramatic, providing an avenue for future growth that he thinks is underestimated in share valuation.
05/15/18
JEFF
05/15/18
NO CHANGE
Target $15
JEFF
Buy
Gulfport Energy shares continue to trade at a discount, says Jefferies
Jefferies analyst Zach Parham says shares of Gulfport Energy continue to trade at a discount to peers despite its 14% annual production growth while spending within cash flow at the strip. Proceeds from the recently announced Strike Force sale and the current market value of Gulfport's Mammoth Energy (TUSK) shares account for 31% of the company's market capitalization, Parham tells investors in a research note. The analyst adds that Gulfport's buyback could reduce the share count by 10%. He keeps a Buy rating on the stock with a $15 price target.
XOG Extraction Oil & Gas
$14.41

-0.17 (-1.17%)

12/11/17
FBCO
12/11/17
INITIATION
FBCO
Outperform
Extraction Oil & Gas initiated with an Outperform at Credit Suisse
Credit Suisse analyst Betty Jiang initiated Extraction Oil & Gas with an Outperform rating and $19 price target.
01/25/18
MACQ
01/25/18
INITIATION
Target $19
MACQ
Outperform
Extraction Oil & Gas initiated with an Outperform at Macquarie
Macquarie analyst Paul Grigel initiated Extraction Oil & Gas with an Outperform and $19 price target saying valuation is compelling. Grigel believes Extraction Oil's Greeley wells provide some of the best economics in the portfolio and have high expectations for those wells in 2H 2018. Near-term, the analyst expects continued execution to support the transition and maturing of the company into a New World Player in the Smid-cap space.
05/04/18
05/04/18
INITIATION

On The Fly: Top analyst initiations
Catch up on today's top analyst initiations with this list compiled by The Fly: 1. Pieris Pharmaceuticals (PIRS) initiated with an Outperform at Cowen. 2. Extraction Oil & Gas (XOG) and ConvergeOne (CVON) were initiated with an Overweight at JPMorgan. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
05/04/18
JPMS
05/04/18
INITIATION
Target $21
JPMS
Overweight
Extraction Oil & Gas initiated with an Overweight at JPMorgan
JPMorgan analyst Gabriel Daoud started Extraction Oil & Gas with an Overweight rating and $21 price target. The company "stands out as an underappreciated DJ Basin pure-play," Daoud tells investors in a research note.

TODAY'S FREE FLY STORIES

12:35
10/22/18
10/22
12:35
10/22/18
12:35
General news
Treasury Option Action: put spread liquidation »

Treasury Option Action:…

12:29
10/22/18
10/22
12:29
10/22/18
12:29
Conference/Events
RBC Capital REITs analyst to hold a group luncheon »

REITs Analyst Golladay…

VZ

Verizon

$54.98

0.09 (0.16%)

, T

AT&T

$32.71

-0.15 (-0.46%)

12:28
10/22/18
10/22
12:28
10/22/18
12:28
Earnings
Fly Intel: What to watch in telecom sector earnings reports »

Verizon (VZ) is scheduled…

VZ

Verizon

$54.98

0.09 (0.16%)

T

AT&T

$32.71

-0.15 (-0.46%)

S

Sprint

$6.46

-0.005 (-0.08%)

TMUS

T-Mobile

$69.67

-0.09 (-0.13%)

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SWN

Southwestern Energy

$5.45

-0.11 (-1.98%)

12:25
10/22/18
10/22
12:25
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12:25
Options
Southwestern Energy call volume above normal and directionally bullish »

Bullish option flow…

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SJI

South Jersey Industries

$35.13

-0.07 (-0.20%)

12:25
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10/22
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12:25
Conference/Events
South Jersey Industries to host investor meeting »

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  • 22

    Oct

EDRY

EuroDry

$12.43

2.48 (24.92%)

12:23
10/22/18
10/22
12:23
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12:23
Hot Stocks
Breaking Hot Stocks news story on EuroDry »

Fred H. Brenner Estate…

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12:19
10/22/18
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12:19
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Hot Stocks
Breaking Hot Stocks news story  »

South Jersey Industries…

SJI

South Jersey Industries

$35.13

-0.07 (-0.20%)

12:19
10/22/18
10/22
12:19
10/22/18
12:19
Hot Stocks
Breaking Hot Stocks news story on South Jersey Industries »

South Jersey Industries…

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    Oct

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

12:17
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10/22
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12:17
Technical Analysis
NASDAQ market internals summary »

Volume is above average…

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$NYE

NYSE Market Internals

$0.00

(0.00%)

12:16
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10/22
12:16
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12:16
Technical Analysis
NYSE market internals summary »

Volume is average for…

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CF

CF Industries

$48.57

-2.1 (-4.14%)

12:15
10/22/18
10/22
12:15
10/22/18
12:15
Options
CF Industries put volume heavy and directionally bearish »

Bearish flow noted in CF…

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SJI

South Jersey Industries

$35.13

-0.07 (-0.20%)

12:11
10/22/18
10/22
12:11
10/22/18
12:11
Hot Stocks
South Jersey Industries tightens targeted payout ratio to 55%-65% »

South Jersey Industries…

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  • 22

    Oct

SJI

South Jersey Industries

$35.13

-0.07 (-0.20%)

12:09
10/22/18
10/22
12:09
10/22/18
12:09
Earnings
South Jersey Industries reaffirms FY18 stand-alone economic EPS view $1.57-$1.65 »

On a combined-entity…

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  • 22

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12:08
10/22/18
10/22
12:08
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12:08
Conference/Events
CLSA thematic analysis analyst to hold an analyst/industry meeting »

Global Head of Thematic…

MLNT

Melinta Therapeutics

$3.25

-0.54 (-14.25%)

12:08
10/22/18
10/22
12:08
10/22/18
12:08
Recommendations
Melinta Therapeutics analyst commentary  »

Melinta CEO departure not…

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HAS

Hasbro

$92.88

-5.24 (-5.34%)

, HAL

Halliburton

$36.49

-1.05 (-2.80%)

12:08
10/22/18
10/22
12:08
10/22/18
12:08
OnTheFly
Fly Intel: Wall Street's top stories at midday »

Stocks have been on a…

HAS

Hasbro

$92.88

-5.24 (-5.34%)

HAL

Halliburton

$36.49

-1.05 (-2.80%)

FCAU

Fiat Chrysler

$15.89

0.375 (2.42%)

JEC

Jacobs Engineering

$76.74

4.41 (6.10%)

ARII

American Railcar

$69.76

23.48 (50.73%)

UTHR

United Therapeutics

$122.25

-0.8 (-0.65%)

CLGN

CollPlant

$6.50

1.1 (20.37%)

ADRO

Aduro Biotech

$3.91

-2.35 (-37.54%)

MRK

Merck

$72.13

-0.215 (-0.30%)

AVEO

Aveo Pharmaceuticals

$2.28

-0.22 (-8.80%)

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HSBC

HSBC

$40.46

0.005 (0.01%)

12:08
10/22/18
10/22
12:08
10/22/18
12:08
Downgrade
HSBC rating change  »

HSBC downgraded to…

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F

Ford

$8.30

-0.05 (-0.60%)

12:07
10/22/18
10/22
12:07
10/22/18
12:07
Periodicals
Ford plans self-driving fleet test in Washington, D.C., Automotive News says »

Ford pans to begin…

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  • 13

    Dec

12:06
10/22/18
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12:06
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12:06
Conference/Events
UBS alternative energy/tech analyst to hold an analyst/industry conference call »

Alternative…

FCX

Freeport McMoRan

$12.03

0.02 (0.17%)

12:05
10/22/18
10/22
12:05
10/22/18
12:05
Options
Freeport McMoRan call volume above normal and directionally bullish »

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  • 24

    Oct

SJI

South Jersey Industries

$35.13

-0.07 (-0.20%)

12:04
10/22/18
10/22
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12:04
Hot Stocks
South Jersey Industries sees capital expenditures of $2.5B-$2.6B over five years »

From 2018-2022, South…

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  • 22

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ORCL

Oracle

$48.24

0.65 (1.37%)

12:02
10/22/18
10/22
12:02
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12:02
Hot Stocks
Oracle launches new data cloud solution for B2B marketers »

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AEE

Ameren

$65.47

-0.59 (-0.89%)

12:02
10/22/18
10/22
12:02
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12:02
Hot Stocks
EDF Renewables, Ameren Missouri enter agreement for Missouri wind project »

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OSTK

Overstock.com

$21.40

-1.8 (-7.76%)

, BTC

Bitcoin

$0.00

(0.00%)

12:02
10/22/18
10/22
12:02
10/22/18
12:02
Hot Stocks
Overstock's blockchain subsidiary invests $6M in Minds, Inc. »

Minds, Inc., a crypto…

OSTK

Overstock.com

$21.40

-1.8 (-7.76%)

BTC

Bitcoin

$0.00

(0.00%)

BITCOIN

Bitcoin

$0.00

(0.00%)

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HCLP

Hi-Crush Partners

$8.12

-0.63 (-7.20%)

12:00
10/22/18
10/22
12:00
10/22/18
12:00
Hot Stocks
Hi-Crush Partners falls -7.2% »

Hi-Crush Partners is down…

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