Breaking News Instant updates and real-time market news.

PXD

Pioneer Natural

$142.18

-0.19 (-0.13%)

, CRC

California Resources

$19.92

-0.56 (-2.73%)

04:55
01/09/19
01/09
04:55
01/09/19
04:55

Goldman Sachs to hold a conference

Annual Energy Conference will be held in Miami on January 8-9.

PXD

Pioneer Natural

$142.18

-0.19 (-0.13%)

CRC

California Resources

$19.92

-0.56 (-2.73%)

CRZO

Carrizo Oil & Gas

$12.48

-0.06 (-0.48%)

CVIA

Covia

$4.26

-0.04 (-0.93%)

DK

Delek US

$31.72

-1.07 (-3.26%)

FTI

TechnipFMC

$22.33

0.63 (2.90%)

KRP

Kimbell Royalty Partners

$14.86

0.06 (0.41%)

OAS

Oasis Petroleum

$6.42

0.24 (3.88%)

OII

Oceaneering

$15.04

0.58 (4.01%)

PARR

Par Pacific

$15.73

0.79 (5.29%)

PBF

PBF Energy

$33.48

-0.68 (-1.99%)

PBFX

PBF Logistics

$21.21

0.08 (0.38%)

PDCE

PDC Energy

$34.00

-0.2 (-0.58%)

PE

Parsley Energy

$18.73

0.61 (3.37%)

RRC

Range Resources

$11.00

-0.135 (-1.21%)

HCLP

Hi-Crush Partners

$3.66

0.01 (0.27%)

  • 09

    Jan

  • 22

    Jan

  • 10

    Feb

  • 14

    Feb

  • 14

    Feb

  • 14

    Feb

  • 07

    Mar

PXD Pioneer Natural
$142.18

-0.19 (-0.13%)

12/10/18
GHSC
12/10/18
UPGRADE
GHSC
Buy
Pioneer Natural upgraded to Buy from Neutral at Seaport Global
Seaport Global analyst Mike Kelly upgraded Pioneer Natural to Buy from Neutral and raised its price target to $215 from $210. Kelly views Pioneer as a high quality, defensive large cap well situated for a volatile macro backdrop. Management has done an excellent job providing clarity on its 2019 capex program and expects the Endeavor Permian acquisition to be a positive read-through for the company, the analyst wrote in a note to investors.
12/12/18
WILL
12/12/18
DOWNGRADE
WILL
Buy
Pioneer Natural downgraded Buy at Williams Capital
12/11/18
WELS
12/11/18
UPGRADE
Target $190
WELS
Outperform
Pioneer Natural upgraded to Outperform from Market Perform at Wells Fargo
Wells Fargo analyst Nitin Kumar upgraded Pioneer Natural to Outperform from Market Perform citing its asset quality, strong balance sheet and premium Brent-linked pricing exposure in the context of his lower price deck. He lowered his price target on Pioneer shares to $190 from $228.
12/20/18
KEYB
12/20/18
INITIATION
Target $170
KEYB
Overweight
Pioneer Natural initiated with an Overweight at KeyBanc
KeyBanc analyst Leo Mariani started Pioneer Natural Resources with an Overweight rating and $170 price target. The analyst likes the company's "best-in-class" balance sheet, transition to a pure-play Permian exploration and production, and its plan to return more capital to shareholders.
CRC California Resources
$19.92

-0.56 (-2.73%)

05/17/18
IMPC
05/17/18
NO CHANGE
Target $41
IMPC
Outperform
California Resources price target raised to $41 from $35 at Imperial Capital
Imperial Capital analyst Jason Wangler raised his price target for California Resources to $41 saying oil price strength continues to indicate higher cash flows for the company. Increased cash flows from favorable production and higher oil prices provide optionality for the company as it looks to add production and reduce debt, Wangler tells investors in a research note. He keeps an Outperform rating on the shares.
10/11/18
SOCG
10/11/18
UPGRADE
SOCG
Buy
California Resources upgraded to Buy from Hold at Societe Generale
01/04/19
BOFA
01/04/19
DOWNGRADE
BOFA
Neutral
California Resources downgraded to Neutral from Buy at BofA/Merrill
BofA/Merrill analyst Doug Leggate downgraded California Resources to Neutral from Buy and lowered its price target to $36 from $66. Leggate downgraded a number of U.S. Oil and Gas stocks, stating that he prefers "discipline over growth" among large caps. Leggate and the team acknowledge a recovery in oil prices could lead to material upside, but views volatility as the biggest challenge as too many stocks are competing for shrinking investor dollars. The analyst said California Resources' capital structure is still heavily weighted towards debt, and contends with current commodity volatility, a Neutral rating is more appropriate.
09/21/18
EVER
09/21/18
INITIATION
Target $55
EVER
Outperform
California Resources initiated with an Outperform at Evercore ISI
Evercore ISI analyst Stephen Rich initiated California Resources with an Outperform and $55 price target. Rich believes a combination of commodity price and continued liability management will ultimately reduce the cost of capital here and have an order of magnitude impact on value to the equity.
CRZO Carrizo Oil & Gas
$12.48

-0.06 (-0.48%)

12/20/18
SOCO
12/20/18
DOWNGRADE
SOCO
Equalweight
Carrizo Oil & Gas downgraded to Equalweight from Overweight at Capital One
12/14/18
TUDR
12/14/18
DOWNGRADE
TUDR
Hold
Carrizo Oil & Gas downgraded to Hold from Buy at Tudor Pickering
01/07/19
BMOC
01/07/19
DOWNGRADE
Target $15
BMOC
Market Perform
Carrizo Oil & Gas cut to Market Perform at BMO Capital on lower oil price view
As reported earlier, BMO Capital analyst Phillip Jungwirth downgraded Carrizo Oil & Gas to Market Perform from Outperform and lowered his price target to $15 from $28. The analyst cites his reduced oil price expectation of $50 per barrel in 2019 - down from $67 prior forecast and also notes the company's "less competitive debt-adjusted growth and above-average financial leverage." Based on his net asset value model, Jungwirth adds that Carrizo's exposure is "among the highest" in terms of volatility to a change in oil prices and prefers a "greater discount" to justify a more bullish stance.
01/07/19
BMOC
01/07/19
DOWNGRADE
BMOC
Market Perform
Carrizo Oil & Gas downgraded to Market Perform from Outperform at BMO Capital
CVIA Covia
$4.26

-0.04 (-0.93%)

12/21/18
OTRG
12/21/18
DOWNGRADE
OTRG
Negative
Covia downgraded to Negative from Mixed at OTR Global
12/21/18
OTRG
12/21/18
NO CHANGE
OTRG
Pressure Pumping & Completions sector downgraded to Negative at OTR Global
OTR Global downgraded the Pressure Pumping and Completions sector to Negative from Mixed following checks that indicate Major shale E&Ps are lowering 2019 capex plans year-over-year, leading to reduced completion budgets and increasing competition among oilfield service groups.
11/20/18
RILY
11/20/18
NO CHANGE
Target $10
RILY
Neutral
Covia price target lowered to $10 from $15 at B. Riley FBR
B. Riley FBR analyst Lucas Pipes lowered his price target for Covia to $10 saying weak demand drove the miss in Q3. He keeps a Neutral rating on the shares.
01/03/19
PIPR
01/03/19
NO CHANGE
PIPR
Piper Jaffray lowers targets in frac sand on potential pricing pressure
Piper Jaffray analyst John Watson says that to date, last mile pricing has remained relatively steady for most of his contacts. However, that could change for some if oil prices remain in the mid-$40s, Watson tells investors in a research note. In contrast, most frac sand anecdotes are bearish, adds the analyst. His contact reports "wide-spread pricing concessions" for Permian sand contracts. Other mines disagree, but if one player elects to drive pricing lower, some may be forced to follow and one Permian mine has already elected to idle half of its capacity due to lower prices, explains Watson. He believes that further in-basin spot pricing pressure seems plausible in 2019. The analyst lowered his price targets for the frac sand players. He took down his target for Neutral-rated Covia (CVIA) to $3.50 from $6.50, Neutral-rated Emerge Energy (EMES) to $1.50 from $2.50, Neutral-rated Hi-Crush Partners (HCLP) to $3.50 from $7, Overweight-rated U.S. Silica (SLCA) to $13 from $19 and for Neutral-rated Smart Sand (SND) to $2.25 from $3.50.
DK Delek US
$31.72

-1.07 (-3.26%)

01/07/19
RBCM
01/07/19
DOWNGRADE
Target $38
RBCM
Sector Perform
Delek US downgraded to Sector Perform at RBC Capital on lower oil price
As reported earlier, RBC Capital analyst Brad Heffern downgraded Delek US to Sector Perform from Outperform and lowered his price target to $38 from $61. The analyst notes that the "core thesis" behind investment in the shares is being eroded by "significant pipeline additions" even though the drilling activity is slowing as oil price falls below $50 per barrel. Heffern anticipates the stock to be pressured by downward earnings revisions and also sees its free cash flow yield at the "low end" of its peer group.
11/30/18
TUDR
11/30/18
DOWNGRADE
TUDR
Hold
Delek US downgraded to Hold from Buy at Tudor Pickering
01/07/19
RBCM
01/07/19
DOWNGRADE
RBCM
Sector Perform
Delek US downgraded to Sector Perform from Outperform at RBC Capital
12/10/18
JPMS
12/10/18
DOWNGRADE
Target $48
JPMS
Neutral
Delek US downgraded to Neutral from Overweight at JPMorgan
JPMorgan analyst Phil Gresh downgraded Delek US Holdings to Neutral and lowered his price target for the shares to $48 from $53. The analyst cites a "fair relative valuation" and likely Permian differential contraction for the downgrade. Further, the company's midstream strategy will take time, Gresh tells investors in a research note.
FTI TechnipFMC
$22.33

0.63 (2.90%)

12/14/18
GHSC
12/14/18
UPGRADE
Target $28
GHSC
Buy
TechnipFMC upgraded to Buy from Neutral at Seaport Global
Seaport Global analyst Mike Urban upgraded TechnipFMC to Buy and raised his price target to $28 from $26, citing the bottoming LNG cycles that warrant a "more constructive outlook for the stock". Aside from the "field fundamentals", the analyst also sees the break-up of the company into an upstream-focused entity with its current Subsea and Surface segments and a downstream-oriented one with its Onshore/Offshore business as a potential 2019 catalyst. Urban believes that the potential benefits from the split could give the stock an implied price increase to as high as $47 per share.
12/28/18
WELS
12/28/18
NO CHANGE
WELS
Wells sees 'rocky times ahead' for Oil Services and Equipment market
Emerging data points suggest "rocky times ahead" for the North American Oil Services and Equipment market in early 2019, Wells Fargo analyst Judson Bailey tells investors in a research note. As oil prices and macro conditions have weakened to end 2018, a number of recent conversations suggest a "quickly deteriorating" outlook for exploration and production budgets, activity levels and pricing over the first few months of 2019, adds the analyst. He believes the case for "much needed consolidation" across the U.S. oilfield services landscape "has never been greater."
12/13/18
12/13/18
UPGRADE
Target $28

Outperform
BMO Capital says TechnipFMC guidance risk passed, upgrades to Outperform
As previously reported, BMO Capital analyst Daniel Boyd upgraded TechnipFMC to Outperform from Market Perform, stating that while the guidance mix was disappointing, the "highly anticipated risk" from guidance has now passed. He expects investor focus to shift to an improving order outlook, calling TechnipFMC "one of the few investable OFS stocks." He lowered his price target on the stock to $28 from $29, citing mix.
12/14/18
GHSC
12/14/18
UPGRADE
GHSC
Buy
TechnipFMC upgraded to Buy from Neutral at Seaport Global
KRP Kimbell Royalty Partners
$14.86

0.06 (0.41%)

11/09/18
STFL
11/09/18
DOWNGRADE
STFL
Hold
Kimbell Royalty Partners downgraded to Hold from Buy at Stifel
12/07/18
FBCO
12/07/18
INITIATION
Target $21
FBCO
Neutral
Kimbell Royalty Partners initiated with a Neutral at Credit Suisse
Credit Suisse analyst Betty Jiang started Kimbell Royalty Partners with a Neutral rating and $21 price target. The analyst assumes a higher yield target to reflect the company's "below average growth profile and lack of activity visibility."
05/11/18
05/11/18
UPGRADE
Target $20

Buy
Kimbell Royalty Partners upgraded to Buy with $20 price target at Stifel
As previously reported, Stifel analyst Timothy Howard upgraded Kimbell Royalty Partners to Buy from Hold, noting that the company announced it is reviewing a potential shift to a federal tax payer from pass through status, which could yield better valuation, liquidity and a broader investor base. Kimbell also reported better than expected Q1 results and elected to sell a small portion of its Permian acreage in an effort to optimize its portfolio, noted Howard, who raised his price target on the units to $20 from $19.
11/09/18
11/09/18
DOWNGRADE
Target $19

Hold
Kimbell Royalty Partners downgraded to Hold on lower estimates at Stifel
As previously reported, Stifel analyst Timothy Howard downgraded Kimbell Royalty Partners to Hold from Buy after Kimbell missed his production estimate in Q3. He has lowered his production estimates and also expects less accretion on a cash G&A per Boe basis, noted Howard, who also points toward the sharp reduction in crude oil prices since he last updated his model in early October. Given the reduction in his estimates from both lower commodity prices and production, Howard cut his price target on Kimbell shares to $19 from $24, adding that he projects a distribution decline in Q4.
OAS Oasis Petroleum
$6.42

0.24 (3.88%)

01/07/19
BMOC
01/07/19
DOWNGRADE
BMOC
Market Perform
Oasis Petroleum downgraded to Market Perform from Outperform at BMO Capital
01/08/19
STFL
01/08/19
UPGRADE
Target $14
STFL
Buy
Oasis Petroleum upgraded to Buy from Hold at Stifel
Stifel analyst Michael Scialla upgraded Oasis Petroleum to Buy and raised his price target for the shares to $14 from $10.50. Following the oil price selloff in Q4, the stock is valued at a 9% discount to the smid-cap Bakken peer group, Scialla tells investors in a research note. He believes OPEC production cuts and "tempered" U.S. spending could drive an oil price recovery this year. The analyst looks for Oasis Petroleum's "valuation gap to narrow this year."
01/07/19
BMOC
01/07/19
DOWNGRADE
Target $8
BMOC
Market Perform
Oasis Petroleum cut to Market Perform at BMO Capital on lower oil price view
As reported earlier, BMO Capital analyst Phillip Jungwirth downgraded Oasis Petroleum to Market Perform from Outperform and lowered his price target to $8 from $14. The analyst cites his reduced oil price expectation of $50 per barrel in 2019 - down from $67 prior forecast. Jungwirth also points to the company's "less competitive debt-adjusted growth and above-average financial leverage."
12/20/18
SOCO
12/20/18
DOWNGRADE
SOCO
Underweight
Oasis Petroleum downgraded to Underweight from Overweight at Capital One
OII Oceaneering
$15.04

0.58 (4.01%)

12/20/18
SOCG
12/20/18
DOWNGRADE
Target $16
SOCG
Hold
Oceaneering downgraded to Hold from Buy at Societe Generale
Societe Generale analyst Edward Muztafago downgraded Noble Corp to Hold from Buy and lowered his price target to $16 from $29.
10/16/18
RHCO
10/16/18
NO CHANGE
Target $24
RHCO
Hold
Oceaneering price target raised to $24 from $18 at SunTrust
SunTrust analyst Ken Sill raised his price target on Oceaneering to $24, saying that its FY18 deepwater activity should mark a trough and head higher next year. The analyst notes that his new price target assumes a 14-times FY19 EBITDA multiple, which is a premium to the company's historical valuations but suitable based on his expected start of a multi-year up-trend. Sill also keeps his Hold rating however, adding that expectations of "offshore upstream spending hasn't yet manifested itself in the form of a steady increase in the offshore rig count".
10/12/18
10/12/18
NO CHANGE

Societe Generale cuts Weatherford to sell amid oil services rating shake-up
As previously reported, Societe Generale analyst Edward Muztafago made several ratings changes in the oil services space as he recommended rotating more fully into offshore and reducing U.S. land exposure. He views U.S. activity being poised for constrained growth following an anticipated recovery from "the current frac malaise," while believing offshore activity appears set to inflect, Muztafago tells investors. With that backdrop view, he upgraded Ensco (ESV), Noble Corp. (NE) and Oceaneering (OII), all to Buy from Hold, downgraded Halliburton (HAL) to Hold from Buy and lowered his rating on Weatherford (WFT) to Sell from Buy. Current U.S. challenges and the "stock market meltdown" create risk to Weatherford's asset divestiture plans that investors are so concerned about and "stumbles may not be well received," Muztafago stated.
PARR Par Pacific
$15.73

0.79 (5.29%)

09/12/18
COWN
09/12/18
DOWNGRADE
COWN
Market Perform
Par Pacific downgraded to Market Perform from Outperform at Cowen
12/06/18
OPCO
12/06/18
INITIATION
Target $22
OPCO
Outperform
Par Pacific initiated with an Outperform at Oppenheimer
As reported earlier, Oppenheimer analyst Tim Rezvan initiated Par Pacific with an Outperform rating and a price target of $22. The analyst says the company's self-described "growth-oriented" profile is supported by "several transformation acquisitions and growth projects underway that are dramatically reshaping the company". Rezvan notes that Par Pacific has evolved from a Hawaii refinery with interests in a private E&P" to an "integrated, three-refinery network processing over 170 mb/d of crude oil, with estimated $65M in annual Logistics EBITDA and over $80M of free cash flow per year mid-cycle crack spreads." The analyst also expects the company's acquisitions and "tactical capital investments to optimize revenue opportunities" going forward.
12/06/18
OPCO
12/06/18
INITIATION
Target $22
OPCO
Outperform
Par Pacific initiated with an Outperform at Oppenheimer
Oppenheimer started Par Pacific with an Outperform rating and $22 price target.
PBF PBF Energy
$33.48

-0.68 (-1.99%)

08/01/18
MZHO
08/01/18
INITIATION
Target $55
MZHO
Buy
PBF Energy initiated with a Buy at Mizuho
Mizuho initiated PBF Energy with a Buy and $55 price target.
09/07/18
GSCO
09/07/18
UPGRADE
Target $54
GSCO
Neutral
PBF Energy upgraded to Neutral from Sell at Goldman Sachs
Goldman Sachs analyst Neil Mehta upgraded PBF Energy to Neutral and raised his price target for the shares to $54 from $49. PBF is well positioned to benefit from wider West Texas Intermediate -Western Canadian Select crude differentials, Mehta tells investors in a research note. The analyst also sees potential upside from implementation of the International Maritime Organization 2020 sulfur standards. As such, he views PBF's risk/reward as more balanced at current share levels.
10/03/18
LEHM
10/03/18
INITIATION
Target $125
LEHM
Overweight
Barclays reinstates Marathon Petroleum at Overweight, names Top Pick
Barclays analyst Paul Cheng reinstated coverage of Marathon Petroleum (MPC) with an Overweight rating and $125 price target. The analyst names Marathon his refining sector's Top Pick, replacing PBF Energy (PBF). With its refining geographic reach spanning coast to coast and consisting of "sufficient critical mass" in each operating region, Marathon is well positioned to benefit whenever a bottleneck is developed, Cheng tells investors in a research note. The analyst believes successful refiners must have the flexibility and capability to take advantage of the country's "increasingly complex and volatile crude differential dynamics as well as the rapidly evolving global crude oil and refined product import and export markets."
10/05/18
FBCO
10/05/18
NO CHANGE
Target $53
FBCO
Neutral
PBF Energy price target raised to $53 from $46 at Credit Suisse
Credit Suisse analyst Manav Gupta raised his price target for PBF Energy to $53 from $46, as he adjusts PBF's Q3 earnings estimate to $1.01 from $1.04 vs. the $1.04 consensus. The analyst reiterates a Neutral rating on the shares, and says PBF's management deserves a lot of credit for stabilizing operations at both Chalmette and Torrance and that the company has come a long way since many questioned the quality of these two assets.
PBFX PBF Logistics
$21.21

0.08 (0.38%)

01/11/18
MSCO
01/11/18
DOWNGRADE
Target $37
MSCO
Underweight
PBF Energy downgraded to Underweight at Morgan Stanley
As previously reported, Morgan Stanley analyst Benny Wong downgraded PBF Energy (PBF) to Underweight from Equal Weight citing valuation after the stock's recent outperformance and his view that the company's concentrated asset base giving it more earnings achievability risk than peers. He also believes PBF Logistics (PBFX) has a lower growth outlook than peers, Wong tells investors. The analyst, however, raised his price target on PBF Energy shares to $37 from $30.
11/06/18
WELS
11/06/18
DOWNGRADE
Target $24
WELS
Market Perform
PBF Logistics downgraded to Market Perform from Outperform at Wells Fargo
Wells Fargo analyst Praneeth Satish downgraded PBF Logistics to Market Perform and lowered his price target for the shares to $24 from $25. Year-to-date, PBF is up 4.0%, outpacing both the Alerian and the S&P 500, Satish tells investors in a research note. The analyst, however, believes ongoing equity financing needs and a full valuation multiple will limit upside in the shares.
10/10/18
FBCO
10/10/18
INITIATION
Target $24
FBCO
Neutral
PBF Logistics initiated with a Neutral at Credit Suisse
Credit Suisse analyst Spiro Dounis initiated PBF Logistics with a Neutral rating and a price target of $24.
PDCE PDC Energy
$34.00

-0.2 (-0.58%)

01/07/19
BMOC
01/07/19
UPGRADE
BMOC
Outperform
PDC Energy upgraded to Outperform from Market Perform at BMO Capital
12/20/18
SOCO
12/20/18
DOWNGRADE
SOCO
Equalweight
PDC Energy downgraded to Equalweight from Overweight at Capital One
01/04/19
BOFA
01/04/19
DOWNGRADE
Target $44
BOFA
Neutral
PDC Energy downgraded to Neutral from Buy at BofA/Merrill
BofA/Merrill Lynch analysts led by Doug Leggate downgraded a number of U.S. Oil and Gas stocks, citing moderating growth and eroding cash margins among the small-to-mid cap names. Among them, they downgraded PDC Energy to Neutral from Buy, citing its A&D risk. The group lowered their price target on PDC shares to $44 from $57.
01/07/19
BMOC
01/07/19
UPGRADE
Target $50
BMOC
Outperform
PDC Energy upgraded to Outperform at BMO Capital on valuation
As reported earlier, BMO Capital analyst Phillip Jungwirth upgraded PDC Energy to Outperform from Market Perform while also lowering his price target to $50 from $55. The analyst states that although the price target change is driven by his view of lower commodity prices, he sees risk-reward on the stock as "attractive" given its discounted valuation. Jungwirth also cites PDC Energy's "above-average debt-adjusted growth" profile and believes that its production forecast is "mostly achievable".
PE Parsley Energy
$18.73

0.61 (3.37%)

01/04/19
IMPC
01/04/19
NO CHANGE
Target $33
IMPC
Outperform
Parsley Energy target lowered to $33 from $45 at Imperial Capital
Imperial Capital analyst Irene Haas lowered her price target for Parsley Energy to $33 to reflect the company's 2019 outlook as well as a lower crude price outlook for Q4 and 2019. Parsley, however, is transitioning from growth mode to development mode and intends to take a significant step toward free cash flow generation in 2019, Haas tells investors in a research note. She keeps an Outperform rating on the shares.
12/20/18
BMOC
12/20/18
NO CHANGE
Target $35
BMOC
Outperform
Parsley Energy price target lowered to $35 from $43 at BMO Capital
BMO Capital analyst Philip Jungwirth lowered his price target on Parsley Energy to $35 after the company's 2019 production outlook highlighted expectations of slower activity and below-consensus capital expenditures. The analyst also keeps his Outperform rating on Parsley Energy and believes that its shares are "oversold given a strong debt-adjusted growth outlook and net asset value".
12/21/18
SBSH
12/21/18
UPGRADE
SBSH
Buy
Parsley Energy upgraded to Buy from Neutral at Citi
Citi analyst Robert Morris upgraded Parsley Energy to Buy from Neutral.
12/20/18
KEYB
12/20/18
INITIATION
Target $21
KEYB
Overweight
Parsley Energy initiated with an Overweight at KeyBanc
KeyBanc analyst Leo Mariani started Parsley Energy with an Overweight rating and $21 price target. The analyst sees a "discounted" valuation and likes the company's renewed focus on capital discipline.
RRC Range Resources
$11.00

-0.135 (-1.21%)

01/08/19
KEYB
01/08/19
INITIATION
KEYB
Sector Weight
Range Resources initiated with a Sector Weight at KeyBanc
KeyBanc analyst Leo Mariani started Range Resources with a Sector Weight rating due to its above-average financial leverage and his expectation that natural gas prices stay flattish in 2019.
01/08/19
RHCO
01/08/19
NO CHANGE
Target $12
RHCO
Hold
Range Resources price target lowered to $12 from $20 at SunTrust
SunTrust analyst Welles Fitzpatrick lowered his price target on Range Resources to $12 and kept his Hold rating after the company pre-released its expected Q4 output at 2.15BCFE/D - below consensus of 2.27BCFE/D - yesterday, citing a "larger than expected impact from the previously announced processing downtime." The analyst notes that while the production update as offset by reduction in capital expenditures to $195M from $215M forecast, he is adjusting his net asset value to reflect the "slower expected development plan going forward and lower comps". Fitzpatrick adds that although Range Resources offers "premier assets", its higher relative level of net debt and premium valuation justify a Neutral stance
01/07/19
TDSI
01/07/19
UPGRADE
TDSI
Buy
Range Resources upgraded to Buy from Hold at TD Securities
TD Securities analyst Aaron Bilkoski upgraded Range Resources to Buy and lowered its price target to $15 from $19 in conjunction with a revision in the firm's 2019 WTI price deck to $55/bbl from $66/bbl, and increased its NYMEX gas price forecast to $3.25/mmBTU from $2.75/mmBTU. The analyst said Range offers a leveraged way to gain exposure to Marcellus liquids-rich production while recent share weakness offers an improved risk/reward profile.
01/07/19
BMOC
01/07/19
DOWNGRADE
Target $14
BMOC
Market Perform
Range Resources cut to Market Perform at BMO Capital on lower oil price view
As reported earlier, BMO Capital analyst Phillip Jungwirth downgraded Range Resources to Market Perform from Outperform and lowered his price target to $14 from $25. The analyst cites his reduced oil price expectation of $50 per barrel in 2019 - down from $67 prior forecast - stating that the change skews his risk-reward assessment toward neutral. Jungwirth adds that investors will likely "continue to avoid natural gas-leveraged equities" and, in spite of his forecast of debt-adjusted growth for Range Resources, sees its net asset value as "highly levered to long-term natural gas prices."
HCLP Hi-Crush Partners
$3.66

0.01 (0.27%)

01/07/19
RFLF
01/07/19
DOWNGRADE
RFLF
Hold
Hi-Crush Partners downgraded to Hold from Buy at RF Lafferty
01/08/19
RILY
01/08/19
DOWNGRADE
Target $6.5
RILY
Neutral
Hi-Crush Partners downgraded to Neutral from Buy at B. Riley FBR
B. Riley FBR analyst Lucas Pipes downgraded Hi-Crush Partners to Neutral citing yesterday's "bearish" Q4 update. The analyst cut his price target for the shares to $6.50 from $10.

TODAY'S FREE FLY STORIES

ETM

Entercom

$7.73

0.22 (2.93%)

10:50
02/20/19
02/20
10:50
02/20/19
10:50
Options
Pre-earnings call buying in Entercom Communications »

Pre-earnings call buying…

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

  • 22

    Feb

  • 22

    Feb

SJM

J.M. Smucker

$106.00

1.98 (1.90%)

10:48
02/20/19
02/20
10:48
02/20/19
10:48
Earnings
J.M. Smucker repeats FY19 adjusted EPS view of $8.00-$8.20, consensus $8.01 »

In slides for its…

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

  • 20

    Feb

  • 20

    Feb

  • 26

    Feb

TGEN

Tecogen

$3.84

(0.00%)

10:48
02/20/19
02/20
10:48
02/20/19
10:48
Hot Stocks
Tecogen secures $8.4M trigeneration project in Manhattan »

Tecogen announced an…

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

TKC

Turkcell

$6.97

0.06 (0.87%)

10:47
02/20/19
02/20
10:47
02/20/19
10:47
Hot Stocks
Breaking Hot Stocks news story on Turkcell »

Turkcell trading halted,…

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

  • 20

    Feb

  • 14

    Mar

  • 19

    Mar

HON

Honeywell

$153.66

0.39 (0.25%)

10:43
02/20/19
02/20
10:43
02/20/19
10:43
Hot Stocks
Breaking Hot Stocks news story on Honeywell »

Honeywell says UOP 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

  • 20

    Feb

  • 29

    Apr

HON

Honeywell

$153.66

0.39 (0.25%)

10:41
02/20/19
02/20
10:41
02/20/19
10:41
Hot Stocks
Honeywell says UOP has been 'very disciplined' on the cost side »

Says Honeywell UOP…

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

  • 20

    Feb

  • 29

    Apr

FITB

Fifth Third

$27.49

-0.025 (-0.09%)

10:40
02/20/19
02/20
10:40
02/20/19
10:40
Options
Bearish option flow in Fifth Third Bancorp »

Bearish option flow 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

  • 28

    Feb

  • 12

    Mar

10:40
02/20/19
02/20
10:40
02/20/19
10:40
General news
Money market rates have dipped »

Money market rates have…

10:35
02/20/19
02/20
10:35
02/20/19
10:35
Conference/Events
Morgan Stanley sports/footwear analyst to hold analyst/industry conference call »

Sports & Footwear…

KO

Coca-Cola

$44.99

0.17 (0.38%)

10:30
02/20/19
02/20
10:30
02/20/19
10:30
Options
Vote of confidence in Coca Cola »

Vote of confidence 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

  • 20

    Feb

  • 03

    Mar

ARW

Arrow Electronics

$81.74

0.73 (0.90%)

10:28
02/20/19
02/20
10:28
02/20/19
10:28
Hot Stocks
Arrow Electronics CEO sells over $4.3M worth of shares »

Arrow Electronics CEO…

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

  • 03

    Mar

10:25
02/20/19
02/20
10:25
02/20/19
10:25
Conference/Events
Credit Suisse analysts to hold an analyst/industry conference call »

Analysts discuss the HOLT…

10:25
02/20/19
02/20
10:25
02/20/19
10:25
Conference/Events
UBS alternative energy analyst to hold an analyst/industry conference call »

Alternative Energy…

FLR

Fluor

$37.46

0.46 (1.24%)

, HAL

Halliburton

$32.29

0.59 (1.86%)

10:21
02/20/19
02/20
10:21
02/20/19
10:21
Hot Stocks
Fluor awarded Halliburton chemicals project in Saudi Arabia »

Fluor (FLR) announced…

FLR

Fluor

$37.46

0.46 (1.24%)

HAL

Halliburton

$32.29

0.59 (1.86%)

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

  • 21

    Feb

  • 21

    Feb

  • 15

    May

  • 22

    May

  • 28

    May

W

Wayfair

$120.90

0.67 (0.56%)

10:20
02/20/19
02/20
10:20
02/20/19
10:20
Hot Stocks
Hedgeye names Wayfair as new short idea »

Hedgeye named Wayfair as…

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

  • 22

    Feb

  • 22

    Feb

  • 03

    Mar

TSLA

Tesla

$304.20

-1.36 (-0.45%)

10:20
02/20/19
02/20
10:20
02/20/19
10:20
Options
Put buyers in Tesla weekly options »

Put buyers in Tesla…

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

  • 20

    Feb

  • 21

    Feb

  • 25

    Feb

  • 18

    Mar

  • 19

    Mar

IRM

Iron Mountain

$35.51

0.12 (0.34%)

10:18
02/20/19
02/20
10:18
02/20/19
10:18
Recommendations
Iron Mountain analyst commentary  »

Iron Mountain price…

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

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

10:17
02/20/19
02/20
10:17
02/20/19
10:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

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

HUM

Humana

$306.68

1.33 (0.44%)

10:16
02/20/19
02/20
10:16
02/20/19
10:16
Hot Stocks
Humana, PatientPing announce agreement to improve care coordination »

PatientPing 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

  • 12

    Mar

  • 19

    Mar

$NYE

NYSE Market Internals

$0.00

(0.00%)

10:16
02/20/19
02/20
10:16
02/20/19
10:16
Technical Analysis
NYSE market internals summary »

Volume is average for…

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

KOD

Kodiak Sciences

$7.51

0.64 (9.32%)

, VEEV

Veeva

$120.49

0.1 (0.08%)

10:16
02/20/19
02/20
10:16
02/20/19
10:16
Initiation
Fly Intel: Top five analyst initiations »

Catch up on today's…

KOD

Kodiak Sciences

$7.51

0.64 (9.32%)

VEEV

Veeva

$120.49

0.1 (0.08%)

AGIO

Agios Pharmaceuticals

$58.78

1.07 (1.85%)

KIDS

OrthoPediatrics

$38.69

1.31 (3.50%)

FIXX

Homology Medicines

$24.90

0.87 (3.62%)

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

  • 20

    Feb

  • 21

    Feb

  • 21

    Feb

  • 22

    Feb

  • 25

    Feb

  • 26

    Feb

  • 26

    Feb

  • 13

    Mar

  • 26

    Mar

  • 27

    Mar

  • 10

    Apr

  • 11

    Apr

  • 21

    Jun

CVS

CVS Health

$63.82

-6.1 (-8.72%)

, LUV

Southwest

$54.63

-3.03 (-5.25%)

10:16
02/20/19
02/20
10:16
02/20/19
10:16
Downgrade
Fly Intel: Top five analyst downgrades »

Catch up on today's…

CVS

CVS Health

$63.82

-6.1 (-8.72%)

LUV

Southwest

$54.63

-3.03 (-5.25%)

SCHW

Charles Schwab

$45.95

-1.11 (-2.36%)

ETFC

E-Trade

$48.05

-0.61 (-1.25%)

PANW

Palo Alto Networks

$228.77

-1.42 (-0.62%)

TEVA

Teva

$17.40

-0.61 (-3.39%)

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

  • 20

    Feb

  • 20

    Feb

  • 20

    Feb

  • 22

    Feb

  • 23

    Feb

  • 23

    Feb

  • 25

    Feb

  • 25

    Feb

  • 26

    Feb

  • 26

    Feb

  • 27

    Feb

  • 27

    Feb

  • 04

    Mar

  • 05

    Mar

  • 12

    Mar

IPSEY

Ipsen

$0.00

(0.00%)

, CS

Credit Suisse

$11.91

0.005 (0.04%)

10:16
02/20/19
02/20
10:16
02/20/19
10:16
Upgrade
Fly Intel: Top five analyst upgrades »

Catch up on today's…

IPSEY

Ipsen

$0.00

(0.00%)

CS

Credit Suisse

$11.91

0.005 (0.04%)

AXL

American Axle

$16.92

0.32 (1.93%)

DO

Diamond Offshore

$10.65

0.36 (3.50%)

RIG

Transocean

$8.86

0.12 (1.37%)

PFE

Pfizer

$42.25

-0.33 (-0.78%)

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

  • 20

    Feb

  • 03

    Mar

  • 12

    Mar

  • 13

    Mar

  • 14

    Mar

  • 18

    May

  • 22

    May

LUV

Southwest

$54.67

-2.99 (-5.19%)

, ALK

Alaska Air

$63.60

-0.95 (-1.47%)

10:15
02/20/19
02/20
10:15
02/20/19
10:15
On The Fly
Goldman Sachs says sell Southwest as airline cuts guidance »

Shares of Southwest (LUV)…

LUV

Southwest

$54.67

-2.99 (-5.19%)

ALK

Alaska Air

$63.60

-0.95 (-1.47%)

AAL

American Airlines

$34.96

-0.5 (-1.41%)

UAL

United Continental

$87.68

-1.53 (-1.72%)

DAL

Delta Air Lines

$50.89

-0.93 (-1.79%)

JBLU

JetBlue

$17.68

-0.24 (-1.34%)

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

  • 20

    Feb

  • 22

    Feb

  • 25

    Feb

  • 04

    Mar

10:15
02/20/19
02/20
10:15
02/20/19
10:15
General news
FX Action: USD-CAD »

FX Action: USD-CAD traded…

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.