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Marathon Oil Shares Initiated At Buy, $21 Target By KLR: Full Catalyst Outlook
Tuesday, June 7, 2016 - 10:57am | 229KLR 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...
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KLR Sees Upside In Rosetta Following Sell Off
Thursday, August 21, 2014 - 11:33am | 198Rosetta Resources (NASDAQ: ROSE) may see a boost after KLR upgraded the stock from Hold to Accumulate and announced $59 price target (20.9 percent upside). The stock was upgraded on valuation. The company has significant upside potential in the Eagle Ford and Delaware Basin sites, according to...
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UPDATE: KLR Downgrades SM Energy
Monday, June 23, 2014 - 11:11am | 131In a research note, KLR Group analyst John Gerdes downgraded SM Energy (NYSE: SM) from Buy to Accumulate and lowered his price target from $95 to $94. The analyst primarily lowered his price on the basis on minor model refinements. As for growth, drivers include the South Texas Eagle Ford...
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UPDATE: Oasis Petroleum Downgraded by KLR
Friday, March 7, 2014 - 12:15pm | 106KLR Group analyst Gail Nicholson released a note Friday, downgrading Oasis Petroleum (NYSE: OAS) from Buy to Accumulate and lowering price target to $54. The report notes, "Oasis is currently operating 14 rigs and anticipates adding two additional rigs in '14. The company has allocated ~$1,250...
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UPDATE: KLR Upgrades Cabot Oil and Gas on Recent Pullback
Friday, March 7, 2014 - 11:45am | 162In a report released Friday, analyst John Gerdes of KLR upgrades Cabot Oil and Gas (NYSE: COG) from Accumulate to Buy, lowering price target to $48. Gerdes notes that the largest catalyst of growth for COG is the Appalachian Basin Marcellus Shale. projecting abut 41 percent production growth in...