Pritchard Equity Research

Pritchard Capital terminated coverage of Cimarex Energy (NYSE: XEC), ultra Petroleum (NYSE: UPL), EOG Resources (NYSE: EOG), Murphy Oil (NYSE: MUR), Comstock Resources (NYSE: CRK), and Unit (NYSE: UNT) in research reports published today.

Pritchard Capital terminated its EXCO Resources (NYSE: XCO) and Forest Oil (NYSE: FST) coverage in a research report published today. Pritchard Capital's last rating on EXCO Resources was Buy, with a $29 price target. Pritchard Capital's last rating on Forest Oil was Neutral, with a $37 price...

Analysts at Pritchard Equity Research reiterate their "neutral" rating on ADA-ES Inc (NASDAQ: ADES). The target price for ADES is set to $8. “ADA-ES Inc (NASDAQ: ADES) reported a loss of 50c vs. our expectation for a loss of 22c and the street's expectation for a loss of 30c due to lower than...

According to Pritchard Equity Research, “XDC’s 2Q10 EPS of 2c came in below our 4c estimate on lower utilization due to significant idle time from rigs in Mexico. This trend is quickly reversing, with 75% of the fleet now contracted. XDC secured two contracts in US shale plays (Bakken and Eagle...

According to Pritchard Equity Research, “Crude fell to the lowest in a month under a barrage of bearish economic data which signaled likely economic slowdown in the second half of the year.... The recent strengthening of the dollar has put additional pressure on crude. The dollar has increased 3.9...

Analysts at Pritchard Equity Research reiterate their "neutral" rating on Dynegy Inc (NYSE: DYN). The target price for DYN has been reduced from $7 to $5.50. According to Pritchard Equity Research, “On August 13, DYN announced that it had entered into an agreement to be acquired by an affiliate of...

Pre-open movers US stock index futures fell sharply today, as investor confidence dropped following the downgrade of the economic outlook by the Federal Reserve. While futures on the Dow Jones Industrial Average fell 45.00 to 10,620, those on the S&P 500 lost 16.20 to 1,103.50. Meanwhile,...

Pritchard Equity Research is reiterating its Buy rating and $18 price target on McDermott International (NYSE: MDR) after the company reported strong earnings results yesterday after the bell. In the research note, Pritchard Equity says, "Following MDR’s strong Q2 2010 results and conference call,...

Pritchard Equity Research is reiterating its Buy rating and $32 price target on shares of PDC Energy (NASDAQ: PETD) and raising earnings estimates. In the report Pritchard Equity Research writes, "Revising 2010 and 2011 EPS/CFPS estimates to $0.47/$8.01 and $0.52/$8.61 from $0.25/$7.94 and $0.31/$8...

Pritchard Equity Research is raising earnings estimates on National Fuel Gas (NYSE: NFG) after the company provided its latest guidance and earnings results. It rates shares at a Neutral and has a $57 price target. In the report Pritchard Equity Research writes, "Revising 2010 and 2011 EPS/CFPS...