John Gerdes

Royal Dutch Shell plc’s (NYSE: RDS-A) accelerating transition into an integrated energy company translates to compelling value upside, according to MKM Partners. The Royal Dutch Shell Analyst: John Gerdes initiated coverage of Royal Dutch Shell with a Buy rating and a price target of $57. The...

Exxon Mobil's dividend yield has continued to rise in a year that the stock has fallen by more than 50%.  What Happened: Exxon Mobil Corporation's (NYSE: XOM) dividend yield is sitting above 10% as of Thursday. The company paid out a dividend of 87 cents in September. Based...

Chevron Corporation (NYSE: CVX) is expected to generate free cash flow of around $1.3 billion in 2020 and $10.1 billion in 2021, and its “preserved financial capacity” is a “significant strategic advantage,” according to MKM Partners. The Chevron Analyst: John Gerdes...

Exxon Mobil Corporation (NYSE: XOM) is expected to need approximately $15.6 billion in incremental debt financing over the next years to back its dividend, increasing the oil company's outstanding debt by 22%, according to MKM Partners. The ExxonMobil Analyst: John Gerdes initiated...

Chesapeake Energy Corporation (NYSE: CHK) stock peaked in the middle of the Great Recession, with shares pressing $67. In the last decade, the Street has pulled back on the stock and let its value dwindle to nickels and dimes. One analyst said Friday that even that valuation is too generous. The...

It’s been another difficult year for oil stock investors so far, and one analyst adjusted his ratings on two exploration and production stocks. The Analyst MKM Partners analyst John Gerdes downgraded SRC Energy Inc (NYSE: SRCI) from Buy to Neutral and lowered his price target from $6 to $5....

WPX Energy Inc (NYSE: WPX) has the potential to achieve a full-cycle return of around 130 percent — significantly higher than the 115-120% industry average cash recycle ratio — since the company’s higher oil composition generates a 10-15% higher cash margin, according to...

Chevron Corporation (NYSE: CVX) shares are down about 4 percent since the company announced a $33 billion buyout of Anadarko Petroleum Corporation (NYSE: APC) on Friday. The merger would be the sixth-largest buyout in the history of the oil and gas space, and would help Chevron beef up its Permian...

Chesapeake Energy Corporation (NYSE: CHK) acquired WildHorse Resource Development for around $4.5 billion, including about $1.4 billion in net debt assumption. Although the acquisition boosts margins, Chesapeake Energy’s full-cycle return continues to fall below the industry average,...

The price of crude oil rose 7.5 percent in the first quarter, creating a setup for a better quarter at exploration and production companies. It's against this backdrop that KLR Group reviewed the sector's performance in a Wednesday note.  The Analyst Analyst John Gerdes downgraded...

Southwestern Energy Company (NYSE: SWN)'s stock has appreciated 25 percent since late April and now trades at a slight premium to its gas-dominant peer group. KLR’s John Gerdes downgraded the rating on the company from Accumulate to Hold, while maintaining the price target at $13....

KLR Group's John Gerdes initiated Marathon Oil Corporation (NYSE: MRO) at Buy with a price target of $21.00. According to Gerdes, Marathon's main growth drivers include developments in Eagle Ford, Anadarko Basin and Williston Basin. Gerde's selected management comments: Eagle Ford...