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Pritchard Capital Reiterates Buy Rating on Xtreme Coil Drilling (XDC.CN)
Wednesday, August 18, 2010 - 9:15amPritchard 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...
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Crimson Exploration Operates First Well in Haynesville (CXPO)
Monday, August 16, 2010 - 10:21amPritchard 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...
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Pritchard Capital Partners Lowers Estimates/Price Target on ATPG
Thursday, August 12, 2010 - 9:22amPritchard 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...
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Beware the Far-Reaching Nature of Fin-Reg (XOM, MUR, APC)
Wednesday, August 11, 2010 - 11:35amThe 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...
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Pritchard Capital Believes Big Deal Is Just Around The Corner For FX Energy, Inc. (FXEN)
Wednesday, August 11, 2010 - 6:30amPritchard 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...
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Pritchard Capital Partners Reduces Price Target on Rosetta Resources (ROSE)
Tuesday, August 10, 2010 - 10:27amPritchard 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...
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Pritchard Capital Partners Increases Estimates on OYO Geospace (OYOG)
Monday, August 9, 2010 - 10:01amPritchard 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...
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Pritchard Capital Partners Lowers Price Target on Penn Virginia (PVA)
Monday, August 9, 2010 - 9:55amPritchard 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...
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Pritchard Capital Rates Petroquest Energy As Buy (PQ)
Friday, August 6, 2010 - 11:11amPritchard 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...
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Pritchard Capital Partners Reiterates Buy on Ultra Petroleum (UPL)
Monday, August 2, 2010 - 11:02amPritchard 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...
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