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RDC

Rowan Companies

$10.60

0.19 (1.83%)

, COP

ConocoPhillips

$66.45

2.15 (3.34%)

07:02
01/10/19
01/10
07:02
01/10/19
07:02

Rowan Companies announces contract with ConocoPhillips for Rowan Norway

Rowan Companies (RDC) announced that the Rowan Norway, an N-Class ultra-harsh environment jack-up rig, has been awarded a contract in Norway by ConocoPhillips Skandinavia AS (COP) for an estimated duration of seven months that is expected to commence in the second quarter of 2019. The contract award is subject to partner approval. Following the initial contract term, COPSAS has two options. The first option has an estimated duration of five months and the second an estimated duration of nine months. The Rowan Norway is currently under contract with Turkish Petroleum in the Mediterranean Sea until approximately late April 2019.

RDC

Rowan Companies

$10.60

0.19 (1.83%)

COP

ConocoPhillips

$66.45

2.15 (3.34%)

  • 10

    Feb

  • 28

    May

RDC Rowan Companies
$10.60

0.19 (1.83%)

12/19/18
FBCO
12/19/18
DOWNGRADE
Target $10
FBCO
Neutral
Rowan Companies downgraded to Neutral at Credit Suisse
As previously reported, Credit Suisse analyst James Wicklund downgraded Rowan Companies to Neutral from Outperform as he updates his sector-wide macro forecasts for a lower expected oil price. In 2019, the analyst sees the overall U.S. rig count declining by about 5%, a 5% decline in completions and a 3% decline in pressure pumping horsepower needed. Wicklund also lowered his price target on the shares to $10 from $20.
12/20/18
SOCG
12/20/18
DOWNGRADE
SOCG
Rowan Companies downgraded to Hold from Buy at Societe Generale
Societe Generale analyst Edward Muztafago downgraded Rowan Companies to Hold from Buy and lowered his price target to $10 from $24.
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."
01/09/19
DNBM
01/09/19
UPGRADE
DNBM
Buy
Rowan Companies upgraded to Buy from Hold at DNB Markets
COP ConocoPhillips
$66.45

2.15 (3.34%)

10/29/18
10/29/18
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. Ford (F) upgraded to Buy from Neutral at Goldman Sachs with analyst David Tamberrino saying he views the stock as a "product and self-help story" along with an "attractive" dividend yield. 2. Helmerich & Payne (HP) upgraded to Market Perform from Underperform at BMO Capital. 3. STMicroelectronics (STM) upgraded to Neutral from Sell at UBS. 4. AB InBev (BUD) upgraded to Outperform from Sector Perform at RBC Capital with analyst James Edwardes Jones saying while the company's Q3 results were "disappointing," he believes that shares were also oversold given that the company's "sales growth looks OK relative to the rest of the consumer staples sector." 5. ConocoPhillips (COP) upgraded to Buy from Neutral at BofA/Merrill with analyst Doug Leggate saying ConocoPhillips' has a favorably leveraged oil portfolio mix which is overlooked by the market and benefits from the 2014 change in the Alaska tax regime. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
12/10/18
WOLF
12/10/18
UPGRADE
WOLF
Outperform
ConocoPhillips upgraded to Outperform from Peer Perform at Wolfe Research
12/14/18
TUDR
12/14/18
UPGRADE
TUDR
Buy
ConocoPhillips upgraded to Buy from Hold at Tudor Pickering
01/04/19
BOFA
01/04/19
DOWNGRADE
Target $72
BOFA
Neutral
ConocoPhillips downgraded to Neutral from Buy at BofA/Merrill
BofA/Merrill analyst Doug Leggate downgraded ConocoPhillips to Neutral from Buy and lowered its price target to $72 from $82 saying risk/reward is balanced between downside to strip prices and the firm's Brent base case of $65/bbl. Leggate acknowledges 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.

TODAY'S FREE FLY STORIES

TAC

TransAlta

$5.02

0.11 (2.24%)

06:52
01/23/19
01/23
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01/23/19
06:52
Upgrade
TransAlta rating change  »

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WAT

Waters

$203.52

-3.315 (-1.60%)

06:52
01/23/19
01/23
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06:52
Earnings
Waters sees Q1 adjusted EPS $1.65-$1.75, consensus $1.73 »

The company expects first…

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  • 23

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    Jan

NAVI

Navient

$10.87

-0.05 (-0.46%)

06:51
01/23/19
01/23
06:51
01/23/19
06:51
Earnings
Navient sees FY19 core EPS $1.93-$2.03, consensus $2.01 »

Sees FY19 core earnings…

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  • 23

    Jan

  • 11

    Feb

DELL

Dell Technologies

$43.99

0.62 (1.43%)

06:50
01/23/19
01/23
06:50
01/23/19
06:50
Initiation
Dell Technologies initiated  »

Dell Technologies…

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WAT

Waters

$203.52

-3.315 (-1.60%)

06:50
01/23/19
01/23
06:50
01/23/19
06:50
Earnings
Waters reports Q4 adjusted EPS $2.87, consensus $2.64 »

Reports Q4 revenue $715M,…

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

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  • 23

    Jan

  • 24

    Jan

  • 30

    Jan

SMED

Sharps Compliance

$3.33

0.1 (3.10%)

06:50
01/23/19
01/23
06:50
01/23/19
06:50
Earnings
Sharps Compliance reports Q2 EPS 5c, consensus 4c »

Reports Q2 revenue…

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

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  • 23

    Jan

USAP

Universal Stainless & Alloy

$15.13

-0.735 (-4.63%)

06:50
01/23/19
01/23
06:50
01/23/19
06:50
Earnings
Universal Stainless & Alloy reports Q4 EPS 7c, may not compare to consensus 32c »

Reports Q4 revenue…

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

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  • 23

    Jan

HZO

MarineMax

$19.64

-0.56 (-2.77%)

06:49
01/23/19
01/23
06:49
01/23/19
06:49
Earnings
Breaking Earnings news story on MarineMax »

MarineMax backs FY19 EPS…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 23

    Jan

LOGI

Logitech

$33.69

0.24 (0.72%)

06:49
01/23/19
01/23
06:49
01/23/19
06:49
Recommendations
Logitech analyst commentary  »

Logitech 'very…

03/08/13
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Citigroup
03/06/13
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BKU

BankUnited

$33.50

-0.38 (-1.12%)

06:48
01/23/19
01/23
06:48
01/23/19
06:48
Earnings
BankUnited reports Q4 adjusted EPS 86c, consensus 61c »

Non-loss share diluted…

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

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  • 23

    Jan

RES

RPC, Inc.

$11.38

-0.19 (-1.64%)

06:48
01/23/19
01/23
06:48
01/23/19
06:48
Earnings
RPC, Inc. reports Q4 EPS 6c, consensus 10c »

Reports Q4 revenue…

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

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  • 23

    Jan

  • 10

    Feb

HZO

MarineMax

$19.64

-0.56 (-2.77%)

06:48
01/23/19
01/23
06:48
01/23/19
06:48
Earnings
MarineMax reports Q4 EPS 21c, consensus 14c »

Reports Q4 revenue…

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

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  • 23

    Jan

ASML

ASML

$159.39

-3.34 (-2.05%)

06:47
01/23/19
01/23
06:47
01/23/19
06:47
Hot Stocks
ASML proposes 50% dividend increase to EUR2.10 per share »

ASML will submit a…

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

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  • 23

    Jan

IP

International Paper

$45.69

0.03 (0.07%)

06:46
01/23/19
01/23
06:46
01/23/19
06:46
Upgrade
International Paper rating change  »

International Paper…

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
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  • 31

    Jan

CBU

Community Bank System

$63.10

-0.86 (-1.34%)

06:46
01/23/19
01/23
06:46
01/23/19
06:46
Earnings
Community Bank System reports Q4 operating EPS 78c, consensus 80c »

Net interest margin…

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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  • 23

    Jan

PBR

Petrobras

$15.18

-0.215 (-1.40%)

06:46
01/23/19
01/23
06:46
01/23/19
06:46
Periodicals
Petrobras to appeal unfavorable tax ruling, Reuters reports »

Petroleo Brasileiro…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
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  • 10

    Feb

ASML

ASML

$159.39

-3.34 (-2.05%)

06:46
01/23/19
01/23
06:46
01/23/19
06:46
Earnings
ASML sees Q1 net sales around EUR2.1B »

ASML expects Q1 2019 net…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
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  • 23

    Jan

IBM

IBM

$122.34

-1.49 (-1.20%)

06:45
01/23/19
01/23
06:45
01/23/19
06:45
Recommendations
IBM analyst commentary  »

IBM price target raised…

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

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  • 25

    Feb

  • 03

    Mar

  • 04

    Mar

ASML

ASML

$159.39

-3.34 (-2.05%)

06:45
01/23/19
01/23
06:45
01/23/19
06:45
Earnings
ASML reports Q4 EPS EUR1.87 vs. EUR1.60 last year »

Reports Q4 net sales…

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

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  • 23

    Jan

06:45
01/23/19
01/23
06:45
01/23/19
06:45
General news
Breaking General news story  »

Week of 1/18 MBA Mortgage…

QSR

Restaurant Brands

$56.99

-0.47 (-0.82%)

06:43
01/23/19
01/23
06:43
01/23/19
06:43
Hot Stocks
Restaurant Brands reports preliminary Q4 comparable sales up 5.5% »

Reports preliminary Tim…

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

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SITC

Site Centers

$12.49

-0.13 (-1.03%)

06:42
01/23/19
01/23
06:42
01/23/19
06:42
Upgrade
Site Centers rating change  »

Site Centers upgraded to…

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

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  • 20

    Feb

CPT

Camden Property

$91.69

-0.14 (-0.15%)

06:41
01/23/19
01/23
06:41
01/23/19
06:41
Upgrade
Camden Property rating change  »

Camden Property upgraded…

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

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  • 01

    Feb

PCG

PG&E

$7.73

0.51 (7.06%)

06:41
01/23/19
01/23
06:41
01/23/19
06:41
Hot Stocks
PG&E sees FY19 CapEx $6.6B, FY20 CapEx $6.9B »

In a regulatory filing,…

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

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MAC

Macerich

$45.23

-1.04 (-2.25%)

06:41
01/23/19
01/23
06:41
01/23/19
06:41
Downgrade
Macerich rating change  »

Macerich downgraded to…

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

    Mar

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