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4 Energy Stocks Canaccord Loves
Thursday, May 12, 2016 - 2:15pm | 369To say that the energy sector has made for some tricky trading in the past couple of years would be quite an understatement, but Canaccord analysts have found four energy stocks that they love: Earthstone Energy Inc (NYSE: ESTE), Abraxas Petroleum Corp. (NASDAQ: AXAS), Canadian Solar Inc. (NASDAQ:...
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Market Wrap For May 22: Markets Barely Positive
Thursday, May 22, 2014 - 4:35pm | 2710U.S. stocks picked up right where they left off following Wednesday's rally. Investors were given a mixed bag of economic data covering U.S. manufacturing, initial purchasing managers' index in China, existing home sales, Fed activity among others. Investors are likely focusing more on...
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Market Wrap For May 7: Dow Banks Triple-Digit Point Gain While Nasdaq Closes Lower
Wednesday, May 7, 2014 - 4:35pm | 2687U.S. stocks were mixed as Federal Reserve Chair Janet Yellen presented a prepared testimony which did not rattle investors. The Dow posted a triple-digit point gain after falling 43 points. The Nasdaq, on the other hand, declined as many momentum and Internet names were hit hard. Russian...
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Does A New Study Suggest A Link Between Earthquakes And Hydraulic Fracturing?
Tuesday, August 27, 2013 - 12:08pm | 343The short answer reveals that results are inconclusive. The Wall Street Journal reported Tuesday morning that a study published by the journal Earth and Planetary Science Letters showed that small earthquakes that occurred in Texas could be caused by fracking activities in South Texas' Eagle Ford...
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UPDATE: Miller Tabak Initiates Buy, $23 PT on Sanchez Energy
Wednesday, August 1, 2012 - 8:08am | 105Miller Tabak initiated coverage on Sanchez Energy (NYSE: SN) with a Buy rating and a price target of $23 on the company's sizable Eagle Ford position. Miller Tabak said, "The company has amassed a sizeable acreage position in the “oil window” of the Eagle Ford shale and initial results from...
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KKR Finds Cash Cow in Shale
Thursday, June 2, 2011 - 9:06am | 203Private equity firm KKR (NYSE: KKR) said Wednesday that Marathon Oil (NYSE: MRO) has agreed to pay $3.5 billion for its Eagle Ford Shale project in Texas, a joint venture between KKR and Hilcorp Energy. KKR will see $1.13 billion from the transaction, almost treble its investment of $400 million in...