| Nomura: It's Finally Time To Buy E&P Stocks | |
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Analysts at Nomura released a new report in which they initiated coverage on a long list of stocks within the U.S. Energy sector.
The report focused on Exploration and Production (E&P) companies.
Outlook
Analysts have a bullish view on North American E&P overall, despite noting that the S&P 500 is at all-time highs.
Analysts believe that oil prices, which are down nearly 50 percent in the past year, drive the performance of many E&P stocks, and they believe that a recovery in oil prices is coming in the near future.
Analysts initiated mostly bullish coverage on the following stocks:
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Concho Resources (NYSE: CXO)-Buy, $149 target
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Canadian Natural Resources Ltd (NYSE: CNQ)-Buy
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Range Resources Corp (NYSE: RRC)-Buy, $71 target
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Newfield Exploration Co (NYSE: NFX)-Buy, $47 target
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Marathon Oil Corp (NYSE: MRO)-Buy, $36 target
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Anadarko Petroleum Corp (NYSE: APC)-Buy, $104 target
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Continental Resources Inc (NYSE: CLR)-Buy, $61 target
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Encana Corp (NYSE: ECA)-Buy, $16 target
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EOG Resources Inc (NYSE: EOG)- Buy, $112 target
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Pioneer Natural Resources Co (NYSE: PXD)-Buy, $212 target
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Suncor Energy Inc (NYSE: SU)-Buy
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Apache Corp (NYSE: APA)-Reduce, $63 target
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Chesapeake Energy Corp (NYSE: CHK)-Reduce, $13 target
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Cenovus Energy Inc (NYSE: CVE)-Reduce
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Denbury Resources (NYSE: DNR)-Reduce, $9 target
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Noble Energy (NYSE: NBL)-Reduce, $48 target
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Cabot Oil & Gas Corp (NYSE: COG)-Neutral, $33 target
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ConocoPhillips (NYSE: COP)-Neutral, $70 target
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Devon Energy Corp (NYSE: DVN)-Neutral, $74 target
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Hess Corp (NYSE: HES)-Neutral, $85 target
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Murphy Oil Corp (NYSE: MUR)-Neutral, $52 target
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Oasis Petroleum Inc (NYSE: OAS)-Neutral, $17 target
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Southwestern Energy Corp (NYSE: SWN)-Neutral, $27 target
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Ultra Petroleum Corp (NYSE: UPL)-Neutral, $17 target
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Whiting Petroleum Corp (NYSE: WLL)-Neutral, $39 target
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Climarex Energy Corp (NYSE: XEC)-Neutral, $130 target
Latest Ratings for APA
Date | Firm | Action | From | To |
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Apr 2015 | Nomura | Initiates Coverage on | | Reduce | Apr 2015 | BMO Capital | Initiates Coverage on | | Market Perform | Mar 2015 | Citigroup | Maintains | | Buy |
View More Analyst Ratings for APA
View the Latest Analyst Ratings
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Chesapeake Energy Corporation
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EN DÉVELOPPEMENT |
CODE : CHK |
ISIN : US1651671075 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Chesapeake Energy est une société de production minière basée aux Etats-Unis D'Amerique. Chesapeake Energy est en développement de projets de gaz et de pétrole en USA. Son principal projet en développement est DEEP BOSSIER en USA. Chesapeake Energy est cotée aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 79,6 milliards US$ (74,7 milliards €). La valeur de son action a atteint son plus bas niveau récent le 13 mars 2020 à 0,12 US$, et son plus haut niveau récent le 18 novembre 2022 à 99,94 US$. Chesapeake Energy possède 909 242 558 actions en circulation. |