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JPMorgan Downgrades Cimarex As Oil Growth Doubt Lingers
Wednesday, August 8, 2018 - 1:10pm | 333Read More...Petroleum and natural gas production company, Cimarex Energy Co. (NYSE: XEC) experienced a fall in production, as prices were hindered by local price differentials. The company's Q2 EPS missed estimates Tuesday afternoon. The Analysts JPMorgan analyst Arun Jayaram downgraded Cimarex from...
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JPMorgan On Large Cap E&P: Anadarko, Antero Upgraded; EP Energy, Southwestern Downgraded
Friday, April 15, 2016 - 8:38am | 596Read More...JPMorgan has revised ratings on several large-cap exploration and production companies, primarily on the 71 percent rally of E&P equities in its coverage over the past six weeks, as oil prices have climbed about 34 percent from its February lows. Analysts, including Arun Jayaram, "favor...
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JPMorgan Downgrades Southwestern Energy, Catalysts Have Run Out
Tuesday, February 2, 2016 - 10:31am | 269Read More...Southwestern Energy Company (NYSE: SWN) have appreciated 11.67 percent over the past month, following a decline of 69.41 percent over the past year. JPMorgan’s Arun Jayaram has downgraded the rating on the company from Overweight to Neutral, with a price target of $8. Although the...
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JPMorgan Calls EQT, Gulfport Energy Top Picks From Appalachia-Focused E&P Group
Wednesday, December 9, 2015 - 8:49am | 673Read More...Arun Jayaram of JPMorgan initiated coverage of eight Appalachian-focused E&P companies with a "cautious outlook." Jayaram noted consensus estimates on the group are too high, despite the group enjoying a "competitive resource advantage." Nevertheless, the analyst named EQT Corporation (NYSE:...
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Credit Suisse Reiterates Outperform, Raises PT On Devon Energy On Lower Estimates
Monday, March 30, 2015 - 7:30am | 145Read More...In a report published Monday, Credit Suisse analyst Arun Jayaram reiterated an Outperform rating on Devon Energy Corp (NYSE: DVN), and raised the price target from $75.00 to $80.00. In the report, Credit Suisse noted, "We raise our NAV to $80 from $75 per share to incorporate the company's updated...
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Sterne Agee: Denbury Resources Share Price Could Decline To $8
Monday, November 17, 2014 - 2:56pm | 324Read More...Denbury Resources Inc. (NYSE: DNR) extended its losses Monday on news that two top executives got the axe and the company will cut capital spending plans in half for 2015. The oil and gas developer traded recently down 8 percent at $10.27; The company is off nearly 40 percent year to date....
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UPDATE: Credit Suisse Downgrades Denbury Resources As Investment Thesis No Longer Appears Valid
Monday, November 17, 2014 - 9:06am | 117Read More...In a report published Monday, Credit Suisse analyst Arun Jayaram downgraded the rating on Denbury Resources Inc. (NYSE: DNR) from Outperform to Neutral, and lowered the price target from $19.00 to $16.00. In the report, Credit Suisse noted, “We are downgrading DNR shares to Neutral from Outperform...
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UPDATE: Credit Suisse Reiterates On Southwestern Energy Company Following Marcellus/Utica Deal
Thursday, October 23, 2014 - 8:59am | 143Read More...In a report published Thursday, Credit Suisse analyst Arun Jayaram reiterated an Underperform rating on Southwestern Energy Company (NYSE: SWN), but lowered the price target from $41.00 to $36.00. In the report, Credit Suisse noted, “Mixed emotions. While we applaud SWN management for making a bold...
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UPDATE: Credit Suisse Initiates Coverage On Parsley Energy On Good Market Position
Tuesday, June 17, 2014 - 8:19am | 168Read More...In a report published Tuesday, Credit Suisse analyst Arun Jayaram initiated coverage on Parsley Energy (NYSE: PE) with an Outperform rating and $31.00 price target. In the report, Credit Suisse noted, “We initiate coverage of Parsley Energy (PE) with an Outperform rating and a target price of $31,...
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UPDATE: Credit Suisse Reiterates on Devon Energy on Positive Outlook
Thursday, April 3, 2014 - 8:12am | 150Read More...In a report published Thursday, Credit Suisse analyst Arun Jayaram reiterated an Outperform rating on Devon Energy (NYSE: DVN), and raised the price target from $76.00 to $80.00. In the report, Credit Suisse noted, “In the shale era, our rule of thumb to drive consistent alpha is to remain focused...
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UPDATE: Credit Suisse Downgrades Apache on Extended Duration to Free Cash Flow Inflection
Tuesday, February 11, 2014 - 7:53am | 114Read More...In a report published Tuesday, Credit Suisse analyst Arun Jayaram downgraded the rating on Apache (NYSE: APA) from Outperform to Neutral, and lowered the price target from $104.00 to $102.00. In the report, Credit Suisse noted, “We are downgrading APA shares to Neutral from Outperform and lowering...
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UPDATE: Credit Suisse Downgrades Devon Energy on Negative Outlook
Thursday, November 7, 2013 - 9:41am | 150Read More...In a report published Thursday, Credit Suisse analyst Arun Jayaram downgraded the rating on Devon Energy Corp. (NYSE: DVN) from Outperform to Neutral, and lowered the price target from $82.00 to $74.00. In the report, Credit Suisse noted, “Our investment thesis on DVN hinged on two factors—(1) the...
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UPDATE: Credit Suisse Raises PT on Anadarko Petroleum on Compelling Risk/Reward Profile
Wednesday, October 9, 2013 - 10:27am | 173Read More...In a report published Wednesday, Credit Suisse analyst Arun Jayaram reiterated an Outperform rating on Anadarko Petroleum Corporation (NYSE: APC), and raised the price target from $109.00 to $122.00. In the report, Credit Suisse noted, “Given the compelling risk/reward profile, the Credit Suisse...
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UPDATE: Credit Suisse Raises PT on Apache Corporation on Revised Estimates
Monday, September 16, 2013 - 11:18am | 136Read More...In a report published Monday, Credit Suisse analyst Arun Jayaram reiterated an Outperform rating on Apache Corporation (NYSE: APA), and raised the price target from $100.00 to $104.00. In the report, Credit Suisse noted, “Despite the recent rally in APA shares, we believe there is a bit more left...
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UPDATE: Credit Suisse Upgrades Denbury Resources to Outperform on Possible Major Strategy Shift
Wednesday, May 29, 2013 - 8:02am | 168Read More...In a report published Wednesday, Credit Suisse analyst Arun Jayaram upgraded the rating on Denbury Resources (NYSE: DNR) from Neutral to Outperform, and raised the price target from $20.00 to $24.00. In the report, Credit Suisse noted, “DNR is contemplating a major strategy shift from a growth...
