-
Pioneer Natural Resources May Have 21% Upside, Says Williams Capital
Monday, August 29, 2016 - 12:35pm | 260Williams Capital has started coverage of Pioneer Natural Resources (NYSE: PXD) with a Buy rating on the company's strong position in Midland Basin, while its price target of $217 implies a potential upside of 21 percent. "We place PXD in our top picks bucket (both on the value and growth front),...
-
Oasis Petroleum Executing Well; Williams Capital Initiates At Buy
Monday, August 29, 2016 - 12:22pm | 362Williams Capital is bullish on Oasis Petroleum Inc. (NYSE: OAS), saying the company is on a path to a production inflection point amid improving commodity prices. The brokerage started coverage on the stock with a Buy rating $13 price target, driven by Oasis' extensive Bakken oil play position (...
-
Williams Capital Waiting For A Better Entry Point For Cimarex Energy
Monday, August 29, 2016 - 12:20pm | 239Williams Capital started coverage of Cimarex Energy Co (NYSE: XEC) with a Hold rating and $143 price target, saying that the risk/reward profile is better elsewhere in the sector at the current valuation. Cimarex has a great inventory of drilling locations across two of the hottest domestic...
-
Diamondback's Current Valuation Provides Little Upside In Williams Capital's View
Monday, August 29, 2016 - 11:17am | 362Williams Capital’s Gabriele Sorbara believes Diamondback Energy Inc (NASDAQ: FANG) shares are at a valuation that offers little potential for upside for new investors, and it would be better to wait for a more attractive entry point. Sorbara initiated coverage of the company with a Hold...
-
PDC Energy To Acquire Acreage In Delaware Basin; Williams Capital Initiates At Buy
Monday, August 29, 2016 - 11:05am | 353For Williams Capital analyst Gabriele Sorbara, PDC Energy Inc (NASDAQ: PDCE) is one of the top picks in the E&P sector. The analyst initiated the stock at a Buy rating with an attached price target of $84. Earlier this month, the company reported its second-quarter earnings, which missed the...
-
Energen's Position In Permian Basin Makes It 1 Of Williams Capital's Top Picks In Oil & Gas
Monday, August 29, 2016 - 10:53am | 347Williams Capital has started coverage of Energen Corporation (NYSE: EGN) with a Buy rating and $68 target price on company's strong position in the Permian Basin and balance sheet. Energen, which is also the brokerage's top pick in the sector, has 224,000 net acres, including 86,700 net acres in...
-
19% Upside In Cabot Oil In Williams Capital's View
Monday, August 29, 2016 - 8:53am | 361While stating that the E&P sector fundamentals were solid, Williams Capital's Gabriele Sorbara recommended to select “underappreciated companies with lower expectations and re-rating potential.” The analyst initiated coverage of Cabot Oil & Gas Corporation (NYSE: COG) with...
-
Topeka Stirs Pot With Oil Industry Merger Speculation
Monday, March 16, 2015 - 3:13pm | 303Joining an increasingly popular guessing game on potential take-out targets in the oil and gas industry, an analyst published some further speculation Monday. Topeka's Gabriele Sorbara added to a growing list of "most likely" companies that might get acquired: Cabot Oil &...
-
Topeka Capital Markets Initiates Coverage On Gulfport Energy
Monday, December 29, 2014 - 5:45pm | 195Topeka Capital Markets initiated coverage on Gulfport Energy Corporation (NASDAQ: GPOR) Monday with a Buy rating and $58 price target. Analyst Gabriele Sorbara noted that “with the recent reset of expectations and weakness in natural gas prices, we believe a strong entry point has emerged...
-
Topeka's Top 3 Oil & Gas Picks
Monday, December 29, 2014 - 11:46am | 311Topeka commented on exploration and production stocks Monday and noted that “H15 will be challenging for the sector, but expect a buying opportunity to develop in 2H15, ahead of a supply response and a rally in oil prices.” Analyst Gabriele Sorbara felt that “exposure to [the...
-
UPDATE: Topeka Capital Markets Initiates Coverage on Athlon Energy on Good Upside Potential
Tuesday, December 10, 2013 - 8:44am | 126In a report published Tuesday, Topeka Capital Markets analyst Gabriele Sorbara initiated coverage on Athlon Energy (NYSE: ATHL) with a Buy rating and $40.00 price target. In the report, Topeka Capital Markets noted, “We are initiating coverage of Athlon Energy with a Buy and $40 PT. ATHL holds ~...
-
UPDATE: Topeka Capital Markets Reiterates on Pioneer Natural Resources as Severe Weather Impacts 4Q13 Production
Friday, November 29, 2013 - 8:32am | 166In a report published Friday, Topeka Capital Markets analyst Gabriele Sorbara reiterated a Hold rating on Pioneer Natural Resources (NYSE: PXD), but lowered the price target from $225.00 to $210.00. In the report, Topeka Capital Markets noted, “PXD announced that severe winter weather has...
-
UPDATE: Topeka Capital Markets Upgrades SM Energy Company Following Great 3Q13 Results
Wednesday, October 30, 2013 - 8:11am | 158In a report published Wednesday, Topeka Capital Markets analyst Gabriele Sorbara upgraded the rating on SM Energy Company (NYSE: SM) from Hold to Buy, and raised the price target from $80.00 to $120.00. In the report, Topeka Capital Markets noted, “We are upgrading SM to Buy from Hold and raising...
-
UPDATE: Topeka Capital Markets Raises PT on Magnum Hunter Resources on Positive Outlook
Monday, September 30, 2013 - 9:31am | 197In a report published Monday, Topeka Capital Markets analyst Gabriele Sorbara reiterated a Buy rating on Magnum Hunter Resources Corp. (NYSE: MHR), and raised the price target from $6.50 to $8.50. In the report, Topeka Capital Markets noted, “While MHR shares have significantly outperformed (up 55...
-
UPDATE: Topeka Capital Downgrades Pioneer Natural Resources as Valuation Presents Limited Upside
Monday, September 16, 2013 - 8:08am | 187In a report published Monday, Topeka Capital Markets analyst Gabriele Sorbara downgraded the rating on Pioneer Natural Resources (NYSE: PXD) from Buy to Hold, and lowered the price target from $200.00 to $195.00. In the report, Topeka Capital Markets noted, “We are downgrading PXD to Hold from Buy...