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Occidental Petroleum Posts Q4 Earnings Beat, Here's A 'Glaring Negative'
Wednesday, February 19, 2025 - 12:19pm | 410Shares of Occidental Petroleum Corp (NYSE:OXY) climbed in trading on Wednesday, despite a revenue miss in the fourth quarter. Here are some key analyst takeaways. Stephens analyst Mike Scialla reiterated an Overweight rating and price target of $71. Raymond James analyst Mark Lear maintained a...
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LandBridge's Dual Strategy: Tapping 'Delaware Basin Today, Tech Play Tomorrow'
Tuesday, July 23, 2024 - 12:30pm | 421LandBridge Co LLC (NYSE:LB) shares tanked in early trading on Tuesday and have been volatile since then, after the company's IPO last month. Here are some key analyst takeaways from their initial coverage. Goldman Sachs On LandBridge Analyst John Mackay initiated coverage with a Buy rating and...
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Piper Sandler Upgrades Marathon Oil After Strong Management Message
Wednesday, February 23, 2022 - 11:55am | 218Marathon Oil Corporation (NYSE: MRO) expects to return up to $3.1 billion to shareholders in 2022, which equates to around 20% of its shares outstanding, according to Piper Sandler. The Marathon Oil Analyst: Mark Lear upgraded the rating for Marathon Oil from Neutral to Overweight, while raising...
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Credit Suisse Bullish On Antero Resources, Raises Price Target
Tuesday, June 14, 2016 - 10:16am | 278Antero Resources Corp (NYSE: AR) has recently completed a bolt-on acquisition in the Marcellus and added 55k net core acres and 14 MMcfe/d of production. Credit Suisse’s Mark Lear maintained an Outperform rating for the company, while raising the price target from $35 to $39. Deal Aimed...
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Southwestern Energy Has 32% Downside According To Credit Suisse
Tuesday, June 14, 2016 - 8:45am | 195Southwestern Energy Company (NYSE: SWN) announced a definitive agreement to sell a part of its Appalachia acreage. Credit Suisse’s Mark Lear maintained a Neutral rating for the company, while raising the price target from $8 to $9 to reflect updated liquidity from the planned Appalachian...
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Credit Suisse Initiates Energen At Outperform, $43 Target
Friday, April 1, 2016 - 9:45am | 465Credit Suisse initiated Energen Corporation (NYSE: EGN) with an Outperform rating and $43 price target on mixture of attractive valuation, balance sheet strength and large inventory runway. "While 2016 activity was slowed considerably to preserve capital in a lower-for-longer price environment,...
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2 Energy Stocks Getting Hit By Downgrades Today: Time To Follow?
Friday, August 7, 2015 - 8:59am | 324In separate reports published Friday, analysts at Credit Suisse downgraded two names in the Energy sector. Penn Virginia Shares of Penn Virginia Corporation (NYSE: PVA) were downgraded to Neutral from Outperform with a price target lowered to $1 from a previous $4. Analyst Mark Lear noted...
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Credit Suisse Downgrades Chesapeake, Sees Little Upside Considering Company May 'Choose To Protect The Balance Sheet'
Wednesday, July 22, 2015 - 2:24pm | 364In a new report Wednesday, Credit Suisse analyst Mark Lear upgraded the slumping oil & gas exploration & production (E&P) sector to Overweight and initiated positive coverage on several names in the space. While the majority of E&P investors are cheering the bullish call,...
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Credit Suisse Energy Analysts Upgrade E&P Sector To Overweight, See 'Attractive' Entry Point
Wednesday, July 22, 2015 - 11:43am | 411One of the biggest debates on Wall Street right now is whether or not a recovery is imminent in the battered oil & gas industry. In a brand new report, Credit Suisse analyst Mark Lear says that enough is enough and upgrades the oil & gas exploration and production (E&P) sector to...
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Credit Suisse Reiterates Outperform, Raises Price Target On PDC Energy On Lower Capex/Opex
Friday, February 20, 2015 - 11:24am | 145In a report published Friday, Credit Suisse analyst Mark Lear reiterated an Outperform rating on PDC Energy Inc (NASDAQ: PDCE), and raised the price target from $60.00 to $70.00. In the report, Credit Suisse noted, "We reiterate our Outperform rating on PDCE and raise our target price to $70 (from...
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UPDATE: Credit Suisse Lowers PT on PDC Energy on 2015 Guidance
Tuesday, December 9, 2014 - 11:10am | 153In a report published Tuesday, Credit Suisse analyst Mark Lear reiterated an Outperform rating on PDC Energy (NASDAQ: PDCE), but lowered the price target from $69.00 to $65.00. In the report, Credit Suisse noted, “We reiterate our Outperform rating on PDCE and revise our target price to $65 (from $...
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UPDATE: Credit Suisse Initiates Coverage on Emerald Oil
Friday, January 10, 2014 - 9:44am | 144In a report published Friday, Credit Suisse analyst Mark Lear initiated coverage on Emerald Oil (NYSEMKT: EOX), with a $10.00 price target. According to the report, EOX's price target is derived from the analyst's 'PD Plus' NAV estimate, driven by EOX's project inventory in the Williston Basin,...
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UPDATE: Credit Suisse Reinstates Gulfport Energy at Outperform on Additional Utica Inventory in NAV Estimate
Wednesday, June 12, 2013 - 11:18am | 125In a report published Wednesday, Credit Suisse analyst Mark Lear reinstated coverage on Gulfport Energy (NASDAQ: GPOR) with an Outperform rating, and raised the price target from $59.00 to $72.00. In the report, Credit Suisse noted, “We reinstate coverage of GPOR with an Outperform rating and...
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Credit Suisse Assumes Coverage Of WLL
Friday, April 29, 2011 - 10:23am | 86Credit Suisse analyst Mark Lear is assuming primary coverage of Whiting Petroleum (NYSE: WLL). “Our Outperform Rating and $83 Target Price remain unchanged,” Credit Suisse writes. “On 4/27, WLL reported adjusted 1Q11 EPS of $0.84 vs. our $0.83 estimate and the First call consensus estimate of $0....