Jefferies Updates on Oil & Gas Exploration & Production

Jefferies made a number of updates on the oil & gas exploration & production sector in a research report published today.

GMX Resources (NYSE: GMXR) had its rating reiterated at Hold. At the same time, its price target was reduced from $6 to $5. On Monday, GMXR lost 1.78% of its value to end the day at $4.98.

W&T Offshore (NYSE: WTI) had its rating reiterated at Hold. At the same time, its price target was raised from $20 to $23. On Monday, WTI added 0.04% to its value to end the day at $26.77.