-
Goldman Thinks The Street's Concerns Over Anadarko Petroleum Are Overdone
Wednesday, July 27, 2016 - 9:10am | 373Read More...Anadarko Petroleum Corporation (NYSE: APC) reported its EPS and EBITDA for 2Q ahead of the estimates and the consensus. Goldman Sachs’ Brian Singer maintains a Buy rating on the company, while raising the price target from $67 to $68. Street Concerns Overdone Singer believes that “...
-
Goldman Sachs Explains Why These E&P Names Are Portfolio Musts
Thursday, May 19, 2016 - 12:49pm | 387Read More...Several E&P companies have modestly increased their 2016 hedging protection. As per the 1Q16 results announced so far, E&P firms are now hedged 29 percent for 2016, versus 24 percent in March. This is in line with the average 30 percent seen during 2013–2015, Goldman Sachs’...
-
Apache Needs To Demonstrate More Differentiated Growth
Monday, May 9, 2016 - 8:23am | 273Read More...Goldman Sachs said Apache Corporation (NYSE: APA) needs to show more differentiated growth, but the firm updated its estimates and target price on the stock while maintaining a Neutral rating on the issue. Analyst Brian Singer narrowed his loss estimate for 2016 to -$0.71 from -$2.34. The analyst...
-
Goldman Sachs Reviews Anadarko's Q1 Report
Tuesday, May 3, 2016 - 7:41am | 316Read More...Anadarko Petroleum Corporation (NYSE: APC) reported its 1Q results ahead of the consensus and the estimates. Goldman Sachs’ Brian Singer maintains a Buy rating on the company, while raising the price target from $58 to $60. Singer mentioned that Anadarko Petroleum reported its EPS and EBITDA...
-
Goldman On E&P: Upgrades Anadarko, RSP, Carrizo, Oasis, Downgrades EP Energy
Friday, March 11, 2016 - 10:26am | 717Read More...Goldman Sachs’ Brian Singer mentioned that a sharp reduction in the oil supply in the US, driven by tight credit markets, and non-OPEC point towards a recovery in US oil production in 2017. The analyst raised the coverage view on the E&P and SMID E&P from Neutral to Attractive,...
-
Select Oil, Gas Names Boosted By Goldman's Hess Call
Wednesday, February 10, 2016 - 9:26am | 249Read More...Shares of Hess Corp. (NYSE: HES) were trading higher by nearly 2 percent ahead of Wednesday's market open after analysts at Goldman Sachs upgraded their stock rating to Buy from Neutral. Hess was also added to Goldman Sach's Americas Conviction List given an estimated 52 percent total...
-
Goldman's Safest And Riskiest Midstream Dividends
Monday, February 8, 2016 - 3:15pm | 421Read More...Following Kinder Morgan Inc (NYSE: KMI)’s high-profile 75 percent dividend cut, Goldman Sachs analyst Brian Singer released a new report this week discussing other midstream oil and gas stocks that could soon opt to follow Kinder Morgan’s lead by slashing dividends. In addition,...
-
Why Dividend Cuts Matter In Goldman's 'New Oil Order'
Monday, February 8, 2016 - 1:38pm | 395Read More...Following last week’s news that ConocoPhillips (NYSE: COP) slashed its dividend by about two-thirds, Goldman Sachs analyst Brian Singer this week released a new report discussing other dividend payers that could follow Conoco’s lead and what dividend cuts mean for the market in terms of...
-
Goldman Sachs Doesn't Like Long-Term Oil Investments
Wednesday, May 20, 2015 - 11:15am | 545Read More...Goldman Sachs has downgraded its outlook on the oil sector from Neutral to Cautious in light of the deceleration of oil prices. Downgrades include Linn Energy LLC (NASDAQ: LINE), Murphy Oil Corporation (NYSE: MUR), and Chevron Corporation (NYSE: CVX) among others. Oil prices began to fall...
-
Goldman Weighs In On Coal Sector; Chooses SunCoke And Consol Energy As Frontrunners; Recommends Arch Coal At Sell
Friday, September 27, 2013 - 10:10am | 582Read More...Goldman Sachs once again made waves Friday morning after it transferred coverage of coal stocks from Brian Singer to Neil Mehta, initiating the sector with a Neutral rating. While Mehta noted that the sector still faces major challenges ranging from coal plant retirements, to low met/thermal...
-
UPDATE: Goldman Sachs Initiates Coverage on Continental Resources on Position to Benefit from Multiple Positive Factors
Tuesday, September 24, 2013 - 8:08am | 138Read More...In a report published Tuesday, Goldman Sachs analyst Brian Singer initiated coverage on Continental Resources (NYSE: CLR) with a Buy rating and $130.00 price target. In the report, Goldman Sachs noted, “We initiate coverage of Continental Resources with a Buy rating and 29% upside to a $130 12-...
-
UPDATE: Goldman Sachs Assigns Chesapeake Energy Neutral Rating on Multiple Positive Factors
Friday, May 31, 2013 - 9:11am | 131Read More...In a report published Friday, Goldman Sachs analyst Brian Singer changed the rating on Chesapeake Energy (NYSE: CHK) from Not Rated to Neutral, and named a $26.00 price target. In the report, Goldman Sachs noted, “We remove the Not Rated designation for Chesapeake and now assign a Neutral...
