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BP

BP

$47.16

0.455 (0.97%)

, COP

ConocoPhillips

$70.67

0.82 (1.17%)

16:02
05/17/18
05/17
16:02
05/17/18
16:02

BP in talks to trade Alaska assets for Conoco's North Sea stake, Bloomberg says

BP (BP) is considering swapping some Alaskan assets to ConocoPhillips (COP) in exchange for Conoco's stake in the Clair field in the North Sea, according to Bloomberg, citing people familiar with the talks. BP already holds a 28.6% stake and is the operator in the Clair field, which it has described as "the largest undeveloped hydrocarbon resource" in the U.K., the report noted. Reference Link

BP

BP

$47.16

0.455 (0.97%)

COP

ConocoPhillips

$70.67

0.82 (1.17%)

  • 22

    May

  • 30

    May

BP BP
$47.16

0.455 (0.97%)

04/26/18
MACQ
04/26/18
UPGRADE
MACQ
Neutral
BP upgraded to Neutral from Underperform at Macquarie
Macquarie analyst Iain Reid upgraded BP to Neutral following an increased in the firm's Brent oil price forecast to $70/bbl in 2018, $57 in 2019, and $69 in 2020.
04/24/18
04/24/18
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. Hasbro (HAS) upgraded to Buy from Neutral at Monness Crespi with analyst Jim Chartier saying The Toys "R" Us liquidation has created a buying opportunity for Hasbro shares which are down 10% since the end of February. 2. BP (BP) upgraded to Buy from Neutral at Goldman Sachs with analyst Michele Della Vigna saying free cash flow growth and improving returns make BP an attractive turnaround story. 3. Volaris (VLRS) upgraded to Overweight from Equal Weight at Morgan Stanley with analyst Josh Milberg saying he sees an attractive 12-18 month valuation case for the shares given their 35% selloff to an all-time low. 4. Discovery (DISCA) upgraded to Buy from Hold at Deutsche Bank with analyst Bryan Kraft saying he views the shares as undervalued and sees unlevered free cash flow growth through 2021. 5. KeyCorp (KEY) upgraded to Positive from Neutral at Susquehanna citing a better NIM and loan growth outlook. He also cites the recent pullback in the shares for the rating change. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
04/24/18
GSCO
04/24/18
UPGRADE
Target $54
GSCO
Buy
BP upgraded to Buy from with $54 target at Goldman Sachs
Goldman Sachs analyst Michele Della Vigna upgraded BP to Buy from Neutral with a $54 price target. The shares closed the trading day up 40c to $43.91. Free cash flow growth and improving returns make BP an attractive turnaround story, Della Vigna told investors last night in a research note.
04/23/18
GSCO
04/23/18
UPGRADE
GSCO
Buy
BP upgraded to Buy from Neutral at Goldman Sachs
COP ConocoPhillips
$70.67

0.82 (1.17%)

05/04/18
ARGS
05/04/18
NO CHANGE
Target $76
ARGS
Buy
ConocoPhillips price target raised to $76 from $65 at Argus
Argus analyst Bill Selesky raised his price target on ConocoPhillips to $76 and kept his Buy rating. The analyst says the company's "major long-cycle and unconventional short-cycle projects" can generate shareholder value. Selesky also points to the company's latest profitability as a result of higher realized oil, natural gas, and liquids prices.
04/26/18
MACQ
04/26/18
DOWNGRADE
Target $67
MACQ
Neutral
ConocoPhillips downgraded to Neutral on valuation at Macquarie
Macquarie analyst Kate Sloan downgraded ConocoPhillips to Neutral from Outperform and raised its price target to $67 from $66 citing valuation and expects a downward trend in oil prices over the next 12 months.
04/19/18
04/19/18
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. Clorox (CLX) downgraded to Underweight from Equal Weight at Morgan Stanley with analyst Dara Mohsenian saying valuation looks "stretched" on muted earnings growth and lowered his fiscal 2019 earnings estimate by 2% to reflect deterioration in U.S. Household Products sector. 2. Adtran (ADTN) downgraded to Hold from Buy at Argus with analyst Jim Kelleher saying the company has pushed out its expectations for a key client conducting a strategic review of spending, leading to revenue decline for its North America segment to an all-time low. 3. Align Technology (ALGN) downgraded to Equal Weight from Overweight at Morgan Stanley with analyst Steve Beuchaw saying his web trends tracking implies growth in the next 1-2 quarters slows to 25% from 35%. 4. ConocoPhillips (COP) downgraded to Hold from Buy at Edward Jones with analyst Jason Gammel citing valuation following the recent rally in the shares. 5. Valvoline (VVV) downgraded to Neutral from Buy at Longbow with analyst Dmitry Silversteyn saying he sees a slower pace of price realization in Quick Lubes combined with a higher cost outlook, limiting earnings upside. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
04/19/18
JEFF
04/19/18
DOWNGRADE
Target $68
JEFF
Hold
ConocoPhillips downgraded to Hold from Buy at Jefferies
Jefferies analyst Jason Gammel downgraded ConocoPhillips (COP) to Hold with a $68 price target citing valuation following the recent rally in the shares. The analyst prefers shares of Chevron (CVX) for U.S. oil exposure.

TODAY'S FREE FLY STORIES

07:05
05/25/18
05/25
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07:05
General news
FX Update: The dollar has been trading mixed »

FX Update: The dollar has…

AZN

AstraZeneca

$36.88

0.035 (0.09%)

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  • 05

    Jun

MANT

ManTech

07:03
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Initiation
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ACBFF

Aurora Cannabis

$0.00

(0.00%)

07:03
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SPLK

Splunk

$116.35

-0.2 (-0.17%)

07:03
05/25/18
05/25
07:03
05/25/18
07:03
Recommendations
Splunk analyst commentary  »

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  • 10

    Jul

SPX

S&P 500

$0.00

(0.00%)

07:02
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05/25
07:02
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07:02
Technical Analysis
S&P 500: Pivot points »

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ROST

Ross Stores

$82.95

0.35 (0.42%)

07:02
05/25/18
05/25
07:02
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07:02
Recommendations
Ross Stores analyst commentary  »

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GDX

Market Vector Gold Miners

$22.64

0.28 (1.25%)

07:02
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05/25
07:02
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07:02
Technical Analysis
Market Vector Gold Miners: Pivot points »

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PYPL

PayPal

$81.55

0.48 (0.59%)

, EBAY

eBay

$37.79

-0.25 (-0.66%)

07:02
05/25/18
05/25
07:02
05/25/18
07:02
Recommendations
PayPal, eBay analyst commentary  »

PayPal price target…

PYPL

PayPal

$81.55

0.48 (0.59%)

EBAY

eBay

$37.79

-0.25 (-0.66%)

03/08/13
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  • 30

    May

  • 12

    Jun

GLD

SPDR Gold Trust

$123.61

1.07 (0.87%)

07:01
05/25/18
05/25
07:01
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07:01
Technical Analysis
SPDR Gold Trust: Pivot points »

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EGL

Engility

$30.17

0.33 (1.11%)

07:01
05/25/18
05/25
07:01
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07:01
Initiation
Engility initiated  »

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NUGT

Direxion Gold Miners Bull

$26.22

1.04 (4.13%)

07:01
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05/25
07:01
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07:01
Technical Analysis
Direxion Gold Miners Bull: Pivot points »

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JNUG

Direxion Daily Jr Gld Mnrs Bull 3X Shrs

$14.87

0.54 (3.77%)

07:00
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05/25
07:00
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Technical Analysis
Direxion Daily Jr Gld Mnrs Bull 3X Shrs: Pivot points »

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DUST

Direxion Daily Gold Miners Bear 3X ETF

$23.22

-0.99 (-4.09%)

07:00
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05/25
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Technical Analysis
Direxion Daily Gold Miners Bear 3X ETF: Pivot points »

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JDST

Direxion Daily Junior Gold Miners Index Bear 3x Shares

$47.36

-1.79 (-3.64%)

06:59
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05/25
06:59
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06:59
Technical Analysis
Direxion Daily Junior Gold Miners Index Bear 3x Shares: Pivot points »

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FB

Facebook

$185.96

-0.94 (-0.50%)

06:59
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05/25
06:59
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06:59
Periodicals
Zuckerberg says 'vast majority' of users opt into invasive features, BI reports »

Facebook CEO Mark…

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  • 03

    Jun

VXX

iPath S&P 500 VIX Short-Term Futures

$33.82

-0.18 (-0.53%)

06:59
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06:59
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Technical Analysis
iPath S&P 500 VIX Short-Term Futures: Pivot points »

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CNI

Canadian National

$83.75

-0.4 (-0.48%)

06:58
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05/25
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06:58
Upgrade
Canadian National rating change  »

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  • 30

    May

ARLP

Alliance Resource Partners

$18.25

-0.45 (-2.41%)

06:58
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Conference/Events
Alliance Resource Partners management to meet with Seaport Global »

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  • 29

    May

SPLK

Splunk

$116.35

-0.2 (-0.17%)

06:58
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Splunk analyst commentary  »

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  • 10

    Jul

TVIX

VelocityShares Daily 2x VIX Short-Term ETN

$4.74

-0.02 (-0.42%)

06:58
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Technical Analysis
VelocityShares Daily 2x VIX Short-Term ETN: Pivot points »

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SVXY

ProShares Short VIX Short-Term Futures

$13.59

0.03 (0.22%)

06:58
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Technical Analysis
ProShares Short VIX Short-Term Futures: Pivot points »

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USO

United States Oil Fund

$14.29

-0.225 (-1.55%)

06:57
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Technical Analysis
United States Oil Fund: Pivot points, pivot low broken »

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AZN

AstraZeneca

$36.88

0.035 (0.09%)

06:57
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Hot Stocks
AstraZeneca says Imfinzi met second primary endpoint in PACIFIC trial »

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  • 05

    Jun

XOP

SPDR Oil Exploration and Production Fund

$42.27

-0.53 (-1.24%)

06:56
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Technical Analysis
SPDR Oil Exploration and Production Fund: Pivot points, pivot low broken »

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