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Barclays Downgrades Jones Energy To Underweight, Sees Leverage Ratios Rising In 2017
Wednesday, August 10, 2016 - 8:44am | 311Jones Energy Inc (NYSE: JONE) would need to achieve significant improvement in its capital efficiency in order to justify the premium at which its shares are currently trading, Barclays’ Jeffrey W. Robertson said in a report. He downgraded the rating on the company from Equal Weight to...
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Barclays Downgrades Denbury Resources, Says Balance Sheet Remains 'Stretched'
Wednesday, August 10, 2016 - 8:34am | 285Although Denbury Resources Inc. (NYSE: DNR) has lowered its cost structure and debt, its balance sheet still appears stretched, Barclays’ Jeffrey W. Robertson said in a report. Following the run-up in shares, the analyst downgraded the rating on the company from Equal Weight to Underweight...
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Barclays Sees Production Growth Possibilities For Memorial Resources Development
Tuesday, July 8, 2014 - 10:34am | 248Barclays analyst Jeffrey W. Robertson initiated coverage on Memorial Resource Development (NASDAQ: MRD) with an Overweight rating and a price target of $33 (a 30 percent increase from the current price). A key catalyst discussed in Robertson's note is Memorial’s core, Terryville Field,...