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Chesapeake Energy Set To Become Largest Natural Gas Producer In US, Says Analyst
Friday, September 27, 2024 - 11:47am | 358Shares of Chesapeake Energy Corp (NASDAQ:CHK) climbed in early trading on Friday, as oil prices moved slightly higher after the Personal Consumption Expenditures (PCE) Price Index report showed lower inflation in August than expected. Gas prices are likely to rise over the next few years, and the...
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Stuck In Neutral: Occidental Petroleum Beat EPS Consensus But Faces Slowing Business, Analyst Says (CORRECTED)
Thursday, August 8, 2024 - 12:48pm | 592Editor’s note: This story has been updated to correct the time of Occidental’s earnings call. Occidental Petroleum Corp.’s (NYSE:OXY) second-quarter earnings exceeded analyst expectations after Wednesday’s close, but analysts still gave the oil and gas company a neutral...
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Why These Analysts Are Bullish On Plug Power Post-Earnings
Tuesday, May 10, 2022 - 1:22pm | 318Plug Power Inc (NASDAQ: PLUG) reported a larger-than-expected first-quarter GAAP loss even as revenues nearly doubled to $140.8 million. KeyBanc Capital Markets On Plug Power: Analyst Leo Mariani maintained an Overweight rating and a price target of $40 for the company. Analyst Mariani said in the...
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Why This Plug Power Analyst Is Undeterred By Q1 Miss; 'Valuation Deserves To Be At High-end Of Peer Group Range'
Tuesday, May 10, 2022 - 8:41am | 374Plug Power, Inc. (NASDAQ: PLUG) stock plunged to its lowest level in about a year-and-a-half following the release of its quarterly results. An analyst at KeyBanc Capital Markets, however, isn't too worried about the near-term noise. The Plug Power Analyst: Leo Mariani maintained an...
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Is Plug Power Justified In Sacrificing Near-Term Margin For Long-Term Outperformance?
Wednesday, March 2, 2022 - 11:53am | 694Plug Power, Inc. (NASDAQ: PLUG) shares are higher after the hydrogen fuel cell energy company reported fourth-quarter results. The Plug Power Analysts: RBC Capital Markets analyst Joseph Spak maintained an Outperform rating on Plug Power shares and reduced the price target from $39 to $33....
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What This Plug Power Analyst Expects From Hydrogen Fuel Cell Company's Jan. 19 Update
Tuesday, January 18, 2022 - 12:43pm | 292Plug Power Inc. (NASDAQ: PLUG), a hydrogen fuel-cell energy play, had an eventful 2021. An analyst at KeyBanc Capital Markets is optimistic about the company's financial performance in the December quarter. The Plug Power Analyst: Analyst Leo Mariani has an Overweight rating and a $40 price...
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Why This Analyst Is Bullish On Plug Power
Wednesday, January 5, 2022 - 4:10pm | 586Plug Power, Inc., a 3Hydrogen fuel-cell energy company, has been making strides with its execution on all fronts. The Plug Power Analyst: KeyBanc Capital Markets analyst Leo Mariani initiated coverage of Plug Power shares with an Overweight rating and $40 price target, suggesting more than...
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Why KeyBanc Is Turning Bullish On Continental Resources
Tuesday, December 29, 2020 - 3:21pm | 236Continental Resources, Inc. (NYSE: CLR) is well-positioned to benefit from improved leverage next year; has exposure to potentially higher oil prices; and could deliver robust free cash flow, according to KeyBanc Capital Markets. The Continental Resources Analyst: Leo Mariani upgraded...
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Devon Energy, WPX Explore $6B Merger: WSJ
Monday, September 28, 2020 - 1:07am | 418Devon Energy Corp (NYSE: DVN) and WPX Energy Inc (NYSE: WPX) are in talks for a merger that could be closed sometime this week, according to the Wall Street Journal. What Happened: The terms of the merger aren't yet public, but the newly created entity’s current market valuation could be...
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KeyBanc Upgrades Berry Petroleum On Improved Regulatory Environment
Friday, February 7, 2020 - 2:12pm | 319Berry Petroleum Corp’s (NASDAQ: BRY) prospects seem to have improved, with an increase in the pace of drilling permit issuance in California as well as the passing of an assembly bill in the state that could prove to be an “incremental positive” for the company, according to...
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Oil & Gas Mineral Stocks Are Lower-Risk Way To Invest In Commodities, KeyBanc Says
Wednesday, January 22, 2020 - 1:55pm | 342U.S. oil and gas mineral companies represent lower risk than exploration and production (E&P) companies, while offering robust tax-efficient yields, according to KeyBanc Capital Markets. The Analyst Leo Mariani initiated coverage of Kimbell Royalty Partners LP (NYSE: KRP) ($18 price target),...
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KeyBanc Downgrades Whiting Petroleum On Continued Missteps, High Leverage
Thursday, December 5, 2019 - 12:21pm | 316Whiting Petroleum Corp (NYSE: WLL) has exhibited poor execution over the past several quarters and has much higher financial leverage than peers, according to KeyBanc Capital Markets. The Analyst KeyBanc’s Leo Mariani downgraded Whiting Petroleum from Overweight to Sector Weight. The Thesis...
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KeyBanc Upgrades 3 Oil Stocks On Higher Crude Price Expectations
Monday, September 16, 2019 - 11:55am | 552With oil prices rising amid increasing Middle East tension, KeyBanc Capital Markets upgraded three oil and gas stocks Sunday. The Analyst Leo Mariani upgraded SM Energy Co (NYSE: SM) from Sector Weight to Overweight with a $14 price target; Centennial Resource Development Inc (NASDAQ: CDEV)...
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KeyBanc Bullish On Murphy Oil, Cites Dividend Yield And Balance Sheet
Monday, September 9, 2019 - 1:13pm | 309Although Murphy Oil Corporation (NYSE: MUR) offers above-average dividend yield and has a strong balance sheet and the ability to generate healthy free cash flows, its stock trades at a discount to peers, according to KeyBanc Capital Markets. The Analyst KeyBanc’s Leo Mariani initiated...
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Whiting Petroleum's Lower Oil Production Guidance Triggers Analyst Downgrade
Thursday, August 1, 2019 - 4:09pm | 371Whiting Petroleum Corp (NYSE: WLL) reported its second-quarter cash flow per share that was significantly short of expectations. Although the company reiterated its full-year capex outlook, the oil production guidance was lowered by 5.5%, fueling concerns around its oil growth going forward,...