Midland Basin

Wunderlich analysts Irene Haas and Vedran Vuk have initiated coverage on Parsley Energy Inc (NYSE: PE) with a Buy rating pointing out that it's the right time and right place to move. The analysts have also kept a price target of $32 on the stock. The brokerage highlighted four key points...

Shares of Callon Petroleum Company (NYSE: CPE), an independent oil and gas company engaged in the exploration, development acquisition and production of oil and natural gas properties, gained more than 2 percent early Wednesday morning. Callon Petroleum reported after Tuesday's market close that it...