KLR Group

KLR Group initiated coverage on Memorial Resource Development Corp (NASDAQ: MRD) with a Buy rating. The target price for Memorial Resource Development is set to $30. Memorial Resource Development shares rose 1.93 percent to close at $19.55 on Friday.

In a report published Tuesday, KLR analyst John Gerdes upgraded the rating on Sanchez Energy Corp (NYSE: SN) from Accumulating to Buy, while maintaining the $15 price target. Although the stock has underperformed the E&P sector since late April, there now is about 50 percent upside to the...

KLR Group downgraded Comstock Resources Inc (NYSE: CRK) from Buy to Accumulate. The price target for Comstock Resources has been lowered from $7.00 to $5.00. Comstock Resources shares have dropped 83.42 percent over the past 52 weeks, while the S&P 500 index has surged 11.12 percent in the...

KLR Group initiated coverage on Parsley Energy, Inc. (NYSE: PE) with a Buy rating, according to sources. The target price for Parsley Energy is set to $23. Parsley Energy shares rose 1.27% to close at $16.77 on Thursday.

KLR Group upgraded Denbury Resources Inc. (NYSE: DNR) from Accumulate to Buy and maintained a $13 price target. According to analyst Gail Nicholson, “DNR now has over 95 percent upside...The company generates a ~160 percent '15 capital yield (cash-on-cash recycle ratio/$92.50 oil) vs...

EP Energy Corp (NYSE: EPE) is likely to hit the high end of its 2014 production forecast from its drilling fields in Texas, Louisiana and Utah, an analyst said Monday. KLR Group's Gail Nicholson initiated coverage on the Houston-based independent exploration and production company with a...

On Tuesday, KLR Group Equity Research offered an Oil & Gas Exploration and Production update. KLR analysts stated, "Over a 12-month investment horizon, we believe E&P shares offer ~55% upside relative to current market value. We favor companies emphasizing oil development given our...

KLR Group upgraded EOG Resources Inc (NYSE: EOG) to Buy on Thursday with a $140 price target. Analyst John Gerdes claimed that EOG has achieved "outstanding asset productivity complemented by execution." Gerdes viewed EOG’s growth coming largely from "the South Texas...

Analysts at KLR Group upgraded EOG Resources (NYSE: EOG) from Accumulate to Buy. The target price for EOG Resources is set to $140. EOG Resources shares have gained 12.38% over the past 52 weeks, while the S&P 500 index has surged 14.89% in the same period. EOG Resources shares closed at $96....

In a note published Monday morning, KLR Group analyst Gail Nicholson upgraded shares of Rice Energy Inc (NYSE: RICE) from Accumulate to Buy and maintained a $38 price target. As support for the upgrade, Nicholson noted the company has increased its acreage 56 percent since its IPO and plans to...

In a report published Friday, KLR Group analyst John Gerdes upgraded the rating on Cabot Oil & Gas Corporation (NYSE: COG) from Accumulate to Buy, and raised the price target from $42.00 to $44.00. In the report, KLR Group noted, “We are upgrading COG from Accumulate to Buy and increasing our...

Analysts at KLR Group upgraded Cabot Oil & Gas (NYSE: COG) from Accumulate to Buy. The target price for Cabot Oil & Gas has been raised from $42 to $44. Cabot Oil & Gas shares have declined 15.33% over the past 52 weeks, while the S&P 500 index has gained 15.74% in the same period...

Analysts at KLR group upgraded shares of W&T Offshore, Inc. (NYSE: WTI) to Buy and placed an $18 price target on the stock. Gail Nicholson finds that the company offers 45 percent upside to their price target. In addition, W&T has future catalysts ahead with the company’s new...

On Thursday, analysts at KLR group upgraded shares of W&T Offshore Inc. (NYSE: WTI) to Buy, and maintained an $18 price target on the stock. Gail Nicholson finds that the company offers 45 percent upside to their price target. In addition, W&T has future catalysts ahead with the company...