Pritchard Capital Partners LLC

Pritchard Capital is out with a research report this morning, where it reiterates its Buy rating on Xtreme Coil Drilling Corp. (TSX: XDC.CN); it has a C$6.00 price target on the stock, down from $8.00. The PCP analysts cited the company’s second quarter, which began with three rigs operating and...

Pritchard Capital Partners LLC is out with a short note this morning regarding Crimson Exploration Inc. (NASDAQ: CXPO). The analysts noted that the company has now operated its first well in the Haynesville/Bossier area, the Grizzly #1 (55% WI). The company is very encouraged with the pressure and...

Pritchard Capital Partners is out with a research report this morning, where it reiterates its Buy rating on ATP Oil & Gas Corp. (NASDAQ: ATPG); it also lowered its price target on the name to $18.00, from $21.00. The PCP analysts said that the company has experienced higher production costs...

The Wall Street Journal is reporting this morning that insiders in the Energy sector are hitting the ceiling this morning as they find out that the recently passed Dodd-Frank Act will have implications that reach much further than the financial sector. Apparently one provision in the bill orders...

Pritchard Capital Partners released a note yesterday, where it maintains its “buy” rating on shares of FX Energy, Inc. (NASDAQ: FXEN); it has also set a price target of $6.00 on the stock. FXEN is engaged in serious discussion with two separate parties interested in forming a partnership to drill...

Pritchard Capital Partners is out with a research report this morning, where it reiterates its Neutral rating on Rosetta Resources (NASDAQ: ROSE); it also lowered its price target to $31 from $36. The PCP analysts cited the company’s recent earnings report, which has forced them to revise its 2010...

Pritchard Capital Partners LLC is out with a research report this morning, where it reiterates its Buy rating on OYO Geospace (NASDAQ: OYOG); it has a $70.00 price target on the stock. The PCP analysts cited the company’s recent earnings report, which handily beat estimates, both on the revenue...

Pritchard Capital Partners LLC is out with a research report this morning, where it reiterates its Buy rating on Penn Virginia (NYSE: PVA); it also lowered its price target on the stock to $27.00, from $32.00. The PCP analysts said that the company’s production volumes are growing after they put a...

Pritchard Capital Partners rates shares of Petroquest Energy (NYSE: PQ) a “buy” after the company reported 2Q10 EPS/CFPS that exactly matched PCP estimates. The analysts at Pritchard Capital have also set a price target of $9.00 on the stock. The analysts at PCP note, “We like PQ for its solid long...

Pritchard Capital Partners is out with a research report this morning, where it reiterates its Buy rating on Ultra Petroleum (NYSE: UPL); it has a $70.00 price target on the stock. The PCP analysts cited the company’s recent earnings report, which was inline with their estimates, though higher...

Pritchard Capital Partners is out with a research report this afternoon, where it upgraded Gulf Island Fabrication Inc. (NASDAQ: GIFI) to Buy, from Hold. The PCP analysts cited the company’s recent earnings report, which matched the Street’s estimates. GIFI also indicated that customers are...

Dresser-Rand Group, Inc. (NYSE: DRC) has seen an average forward P/E of 15.6x, slightly higher than Pritchard's previous 15x estimate. Using 15.6x with Pritchard's 2011 EPS estimate of $2.55 yields a price target of $40, which is too low to justify the purchase of shares at their current level....

Pritchard Capital Partners is out with a brief analyst note this morning, where it gets positive on GMX Resources (NYSE: GMXR) on the heels on its borrowing base being reaffirmed. The PCP analysts noted, “GMXR announced after close yesterday that the borrowing base on its $250 MM revolving credit...

Pritchard Capital Partners is out with a brief analysts note this morning, where it jockeys its earnings estimates on Rex Energy Corp. (NASDAQ: REXX); it has a $20.00 price target on the stock. The PCP analysts said, “For the second quarter of 2010, we are reducing our EPS/CFPS from $0.06/$0.21 to...

Pritchard Capital Partners LLC is out with a research note this morning, where their analysts reiterate FMC Technologies’ (NYSE: FTI) “Top Pick” status; they have an $80 price target on the stock. Pritchard analysts said, “All is well at FTI and we are confident in our above consensus 2010 and...