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Chevron Posts Q3 Beat As 'Uncertainty Around Hess Deal Remains,' Analysts Say
Monday, November 4, 2024 - 11:47am | 545Shares of Chevron Corp (NYSE:CVX) continued to rise in early trading on Monday, after the company reported upbeat third-quarter results. The San Ramon, California-based company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Truist Securities analyst...
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Exxon Mobil Q3 Earnings Impress Analysts With Record Production, Dividend Hike
Monday, November 4, 2024 - 11:37am | 583Shares of Exxon Mobil Corp (NYSE:XOM) climbed in early trading on Monday, after the company reported upbeat third-quarter earnings. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Truist Securities On Exxon Mobil Analyst Neal Dingmann...
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Chevron Misses Q2 Expectations Due To 'Weaker Upstream, Downstream Results' But Permian Production Hits New Record
Monday, August 5, 2024 - 11:19am | 541Shares of Chevron Corp (NYSE:CVX) tanked in early trading on Monday, as the company reported downbeat second-quarter results just days after unveiling plans to relocate its headquarters. The results came amid an exciting earnings season. Here are some key analyst takeaways. RBC Capital Markets...
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Occidental Petroleum Could Offer 'Minimal Shareholder Return': Analyst
Thursday, May 16, 2024 - 12:27pm | 348Shares of Occidental Petroleum Corp (NYSE:OXY) have been in focus due to the delay in the CrownRock deal. The Houston-based oil and gas company is likely to have "solid" production upside in the back half of the year, "driven by organic and external Permian activity as the company ramps activity,...
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Apache Stock Settling After Huge Spike On Suriname Oil Find
Wednesday, January 8, 2020 - 11:30am | 386Apache Corporation (NYSE: APA) shares were maintaining their gains Wednesday following a huge spike a day earlier after the company announced a significant oil discovery off the coast of Suriname. Apache Records Historic Gain After Striking Oil Apache stock had its biggest one-day gain in...
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SunTrust Turns Bullish On Cimarex Energy, Says Permian Development Not Fully Reflected In Share Price
Monday, May 20, 2019 - 2:43pm | 363Cimarex Energy Co (NYSE: XEC) has guided to allocating 85 percent of its drilling and completion budget to the Permian in 2019, according to SunTrust Robinson Humphrey. The trend of development being weighted to the Permian is likely to continuing over the coming years and should...
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With Bakken Setting Records, Northern Oil & Gas Is An 'Ideal' Energy Play
Thursday, May 24, 2018 - 2:29pm | 261SunTrust analyst Neal Dingmann upgraded shares of Northern Oil & Gas, Inc. (NYSE: NOG) from Hold to Buy and increased his price target from $2 to $4. The Thesis Dingmann expects the company’s earnings to grow by 68 percent this year and 37 percent in 2019, both driven largely by the...
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SunTrust: Energen Could Be About To Sell Delaware Property, Stock Will 'Pop'
Thursday, March 31, 2016 - 2:07pm | 305Energen Corporation (NYSE: EGN) "could be close to selling its 31,000 non-core (tier 2) Delaware acres for potentially $300+ million," according to a report from SunTrust Robinson Humphrey. The event that could boost the stock. "A strong Permian sale could cause the company to pull its San Juan...
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SunTrust Upgrades Chesapeake Energy To Buy, Notes Potential Of Duplicating Last Year's Success
Monday, July 27, 2015 - 11:58am | 323In a report published Monday, SunTrust Robinson Humphrey analyst Neal Dingmann upgraded shares of Chesapeake Energy Corporation (NYSE: CHK) to Buy from Neutral with a price target raised to $15 from a previous $14 as the company is expected to "duplicate last year's success" and...
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Crude Oil's Current Bullish And Bearish Cases
Tuesday, April 28, 2015 - 1:51pm | 369In the past few weeks, crude oil prices have moved substantially higher from the sub-$45 mark that it touched not too long ago. Now, at above $55, the Street is divided on whether it can move further up or if crude is approaching its ceiling. Neal Dingmann, analyst at SunTrust Robinson Humphrey...
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Miller Energy Rockets Over 12%
Monday, June 30, 2014 - 11:06am | 87Shares of Miller Energy Resources (NYSE: MILL) have surged over 12 percent following an upgrade from SunTrust analyst Neal Dingmann. Dingmann has upgraded the stock from Neutral to Buy and raised the price target from $8 to $10. As the basis for his upgrade, Dingmann noted that he sees Miller...
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Wunderlich Initiates Coverage of Northern Oil & Gas (NOG)
Tuesday, June 22, 2010 - 10:33am | 112Wunderlich Securities analysts Neal Dingmann and Jason Wangler have initiated coverage of Northern Oil & Gas (NYSE: NOG). Northern Oil & Gas is involved in the exploration and development of oil and gas wells in the western United States. Wunderlich gave NOG a Buy rating, with a price...
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Wunderlich: Hold Steady on Oceaneering International (OII)
Wednesday, June 9, 2010 - 7:47am | 157Wunderlich Securities analysts Neal Dingmann and Jason Wangler reiterated their Hold rating for Oceaneering International, Inc (NYSE: OII). OII lowered 2010 EPS guidance after the recently announced six-month deepwater drilling moratorium. Also, the future of shallow water drilling in the Gulf of...
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Wunderlich Securities Raises Price Target For Newpark Resources, Inc. (NR)
Monday, May 3, 2010 - 9:01am | 94Analysts Neal Dingmann and Jason Wangler at Wunderlich Securities have released an update on Newpark Resources, Inc. (NYSE: NR). Analysts have raised the price target for the company from $8 to $12. Newpark reported strong first-quarter results, beating estimates. Analysts believe that acceptance...
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McMoRan Exploration (MMR) Downgraded, Shares Fall
Friday, April 30, 2010 - 10:09am | 178Wunderlich Securities analysts Neal Dingmann and Jason Wangler lowered their rating for shares of McMoRan Exploration Company (NYSE: MMR) to Hold from Buy and lowered their price target to $12 per share from $16. The analysts said that negative publicity from the offshore oil spill in the Gulf of...