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This Is Why We Are In The Final Phase Of The Oil Cycle
Tuesday, June 14, 2016 - 1:58pm | 301Read More...Oil prices have rebounded to near-$50 per barrel after trading for less than half of that price earlier this year. Despite the rebound of oil prices seen so far this year, Nicole Sinclair expects further consolidation in the oil sector as the lower-oil-for-longer thesis remains a reality. Oil...
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Chesapeake Energy Trades Below $3 Per Share For The First Time Since 2000
Wednesday, January 20, 2016 - 4:23pm | 158Read More...Shares of Chesapeake Energy Corporation (NYSE: CHK) fell to a new 52-week low of $2.69 before rebounding and trading in positive territory after the stock was halted on a circuit breaker various times throughout the day. The last time shares of Chesapeake Energy traded below $3 per share was...
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2015 Energy Earnings Were Historically Bad, But 2016 Could Be Even Worse
Friday, January 15, 2016 - 2:06pm | 343Read More...Oppenheimer issued an industry update on the oil and gas industry saying the firm expects 4Q15 results to reflect the low prices for commodities seen in 2015. Oppenheimer highlighted major players, including Chevron Corporation (NYSE: CVX), Anadarko Petroleum Corporation (NYSE: APC) and Apache...
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EXCLUSIVE: Sinopec In Talks To Acquire Anadarko Petroleum
Monday, December 21, 2015 - 3:36pm | 427Read More...China Petroleum & Chemical Corp (ADR) (NYSE: SNP) -- commonly referred to as Sinopec -- is mulling a takeover of Anadarko Petroleum Corporation (NYSE: APC), source familiar with the matter told Benzinga. China Petroleum is an $89 billion market cap company involved in the crude oil and...
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Anadarko Petroleum Downgraded At Oppenheimer; Stock Keeps Losing In Sub $70 Oil Environment
Thursday, October 29, 2015 - 10:32am | 250Read More...Anadarko Petroleum Corporation (NYSE: APC) shares have been trending lower in 2015 and are down 20 percent year-to-date. Oppenheimer’s Fadel Gheit downgraded the rating on the company from Outperform to Perform, while removing the price target. Low oil prices are expected to result...
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35 Stock Ideas Oppenheimer Analysts Love Right Now
Saturday, October 17, 2015 - 10:11pm | 1463Read More...Oppenheimer just released its 35 top stock ideas for October and November. Here’s a rundown of the full list with analyst commentary included. 1. Turtle Beach Corp (NASDAQ: HEAR) Analyst Sean McGowan sees two drivers of the stock: the “resurgence in video games” and the rollout of...
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Why Oppenheimer Downgraded EOG Resources And Marathon Oil
Monday, August 10, 2015 - 11:32am | 398Read More...In separate reports published Sunday, Oppenheimer analyst Fadel Gheit downgraded shares of EOG Resources Inc (NYSE: EOG) to Perform from Outperform while removing his previous $105 price target. The analyst also downgraded shares of Marathon Oil Corporation (NYSE: MRO) to Perform from Outperform...
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Why Deficit Spending Is A Big Concern At Conoco Phillips
Tuesday, August 4, 2015 - 10:33am | 458Read More...When ConocoPhillips (NYSE: COP) reported its quarterly financials this week, its Q2 earnings per share (EPS) of $0.07 handily beat earnings consensus estimates of $0.04. However, it’s not the earnings that have a pair of Wall Street firms talking -- it’s ConocoPhillips’ deficit...
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The Wall Street Research Making Waves Today
Friday, July 31, 2015 - 12:22pm | 1376Read More...The following represents a hand-picked selection of notable research curated by an analyst known in some circles as "The Sith Overlord Of The Street." JPMorgan: Downgrading Linn Energy Gabriel Daoud of JPMorgan downgraded shares of both Linn Energy LLC (NASDAQ: LINE) and LinnCo LLC (NASDAQ:...
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Oppenheimer Downgrades Murphy Oil: Is It No Longer A Buying Opportunity?
Friday, July 31, 2015 - 11:12am | 301Read More...Oppenheimer analyst Fadel Gheit downgraded Murphy Oil Corporation (NYSE: MUR) on Thursday from Outperform to Perform following the company’s Q2 earnings report this week. Gheit believes that Murphy will continue its deficit spending “into 2017 and beyond.” The Numbers Murphy...
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What Caused Oil Stocks To Rally Today? Oppenheimer Weighs In
Tuesday, July 28, 2015 - 4:49pm | 347Read More...After suffering continuous decline since last month, most of the oil stocks including big names like Chevron Corporation (NYSE: CVX), Exxon Mobil Corporation (NYSE: XOM), ConocoPhillips (NYSE: COP) and Phillips 66 (NYSE: PSX) spiked up on Tuesday with most of them trading higher by 3 percent....
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Why JC Parets Has Been Watching Chesapeake Energy
Thursday, June 11, 2015 - 3:41pm | 397Read More...JC Parets is a weekly guest on #PreMarket Prep, a daily trading idea radio show hosted by Joel Elconin and Dennis Dick. Tune in to the daily broadcast live Monday-Friday at 8 a.m. ET here. JC Parets is the founder of Eagle Bay Capital and discussed why he has been paying close attention to shares...
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Oppenheimer: Oil Prices Will Find It Very Difficult To Go Over $70-75 In The Next 2 Years
Thursday, May 14, 2015 - 3:37pm | 332Read More...Crude oil has seen a massive recovery from mid-$40 levels just two months ago to above $60 where it is trading now. While some are bullish that this move will continue and prices will continue to move upwards till $100, Oppenheimer Energy analyst Fadel Gheit thinks that’s unlikely. Gheit...
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Oil Stocks To Become More Expensive: Here's 1 Way To Play It
Monday, April 13, 2015 - 10:45am | 421Read More...Oppenheimer commented on oil stocks Sunday and felt that shares would become more expensive. Analyst Fadel Gheit and Luis Amadeo noted that energy stocks were “trading significantly below their 12-month highs and not by as much above their 12-month lows.” The performance of energy...
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Oppenheimer: Phillips 66 Restructuring Could Boost Valuation, Share Repurchases Likely To Continue
Monday, April 13, 2015 - 8:47am | 293Read More...Oppenheimer issued a company update on Phillips 66 (NYSE: PSX) after analysts met with company management. Oppenheimer rates Phillips 66 as Perform, while a price target is unavailable. Analysts Fadel Gheit and Luis Amadeo wrote, “PSX has a more favorable view on midstream, which is...
