Pritchard Capital

According to a research report this morning, Pritchard Capital Partners deceases its PT on Swift Energy (NYSE: SFY) from $39 to $32 based on latest results and guidance along with lowered expectations. Pritchard Capital Partners stated, “With 28% upside to our $32 target, we are maintaining our '...

Pritchard Capital increases its price target from Hold to Buy on ENSCO (NYSE: ESV) and establishes its price target at $70 a share. Pritchard Capital notes, "ESV has painted a very bullish picture for the offshore landscape going forward. We continue to see contract durations lengthen as...

Pritchard Capital upgrades Continental Resources (NYSE: CLR) to Buy from Hold and raises its price target from $94 to $100 as it believes yesterday's sell-off is overdone. Pritchard Capital comments, "– While we understand investor's concerns regarding the increase in CLR's 2012 capex budget, we...

Pritchard Capital increases its price target from $6 yo $7 on Buy-rated Penn Virginia Corporation (NYSE: PVA) on liquidity outlook improvement. Pritchard Capital says, "We are raising our price target to $7 from $6 following the Q1 12 beat and improving liquidity outlook for the company. Adjusted...

Pritchard Capital provided color on ATP Oil & Gas (NASDAQ: ATPG) in a research report published today. Pritchard Capital has previously given ATP Oil & Gas a Buy rating and $24 price target. In the report, Pritchard Capital states, "We believe the recent sharp selloff in the stock is...

Pritchard Capital reiterated its Energy XXI (NASDAQ: EXXI) Buy rating in a research report published today. In the report, Pritchard Capital states, "We continue to like EXXI for its oil-weighted asset base, consistent cash generation, and upside from the ultra-deep program, and reiterate our ‘Buy...

Pritchard Capital raised its Rosetta Resources (NASDAQ: ROSE) price target from $57 to $66 in a research report published today. In the report, Pritchard Capital states that the price target increase is primarily from Rosetta Resources' improvements on Eagle Ford results at Gates Ranch. "The next...

Pritchard Capital provided color on the exploration & production sector. In a research report published today, the rating agency stressed that the past week has been difficult, with the sector's stocks losing value. In the report, Pritchard Capital states, “For the week, E&P stocks...

Pritchard Capital has published a research report on Rosetta Resources (NASDAQ: ROSE) upgrading the company from Neutral to Buy. In the report, Pritchard Capital wrote, "Our $57 price target is based off a mid-cycle Henry Hub of $5/Mcf and WTI of $90/bbl. It attributes $15/share to the 2010 proven...

Pritchard Capital upgraded its rating on CARBO Ceramics to Buy. At the same time, the rating agency left its price target on the company's stock unchanged at $180. On Wednesday, CRR closed the day at $146.07.

Pritchard Capital reiterated its Buy rating on Venoco (NYSE: VQ). At the same time, the rating agency left its price target on the company's stock unchanged at $19. On Tuesday, VQ closed the day at $11.85. Its shares added 1.27% to their value in today's pre-market trading to stand around $12.

Pritchard Capital is out with a research report on Venoco, Inc. (NYSE: VQ) and is lowering its estimates on the stock. It has a $19 price target and a Buy rating. In a note to clients, Pritchard Capital writes, "We are lowering our 2011 EPS/CFPS estimates to $1.08/$2.95 from $1.20/$3.19 primarily...

Pritchard Capital is out with a research report on CARBO Ceramics Inc. (NYSE: CRR) and is raising its price target to $180 from $158, but it has a Neutral rating on shares. In a note to clients, Pritchard Capital writes, "Taking a stab at the impact and moving our 2012 eps estimate up...

Pritchard Capital has placed a trading buy on Whiting Petroleum Corporation (NYSE: WLL), but lowered its price target to $68 from $71. In a note to clients, Pritchard Capital writes, "We are lowering our price target to $68 from $71, which represents a 5.0x P/2012E CFPS multiple. We are placing a...

Pritchard Capital is out with a research report on Kodiak Oil & Gas Corp. (NYSE: KOG) and is upgrading shares to Buy. In a note to clients, Pritchard Capital writes, "We are raising our NAV to $8.50 from $7 and price target to $8 from $7 primarily driven by using estimated YE 2011 proved...