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Noble Q1 Earnings Preview: Analyst Cuts Forecast On Idle Capacity, 2025 Guidance 'Remains Within Striking Distance'
Monday, March 31, 2025 - 11:39am | 325Read More...Noble Corporation (NYSE:NE) has been in focus as President Donald Trump's oil production push. While remaining focused on securing contracts for its idle capacity and rigs rolling off contract later this year, the company relies on floater option exercises and cost savings to hit the mid-point of...
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Liberty Energy 1Q Earnings Preview And Key Takeaways From Meeting Management Team
Monday, March 31, 2025 - 11:13am | 339Read More...Liberty Energy Inc (NYSE:LBRT) has been in focus amid US President Donald Trump's oil production push. A meeting with the company's CEO Ron Gusek and CFO Michael Stock highlighted management's conviction in building the mobile power generation business "leveraging its partnerships and core...
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Flowco Analysts See Market Expansion, Strong Margins, Double-Digit Growth Ahead
Monday, February 10, 2025 - 12:26pm | 572Read More...Since its IPO in January, shares of Flowco Holdings Inc (NYSE:FLOC) are trading lower by almost 3%. Here are some key analyst takeaways from their respective initiation notes. JPMorgan On Flowco Analyst Arun Jayaram initiated coverage with an Overweight rating and price target of $32. Flowco is a "...
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JPMorgan Bets On Natural Gas For 2025: Upgrades ConocoPhillips, Lowers 3 Energy Stocks
Thursday, December 5, 2024 - 1:21pm | 481Read More...While shale oil producers have enjoyed an advantage over gas producers over the past 15 years, the situation is likely to reverse in 2025, according to JPMorgan. Analyst Arun Jayaram said in a note that natural gas producers are likely to benefit from three "powerful secular demand trends" in 2025...
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Why 2 Natural Gas Stocks Get Mixed Reception From JPMorgan Analyst
Wednesday, March 20, 2024 - 4:36pm | 454Read More...Natural gas has been in focus with energy prices poised to climb on summer demand. The 2024 estimate for natural gas production has been lowered by around 1.3 billion cubic feet per day (Bcf/d) to 102.7 Bcf/d, with production volumes expected to decline to exit the year at 101.8 Bcf/d,...
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JPMorgan Downgrades Cimarex As Oil Growth Doubt Lingers
Wednesday, August 8, 2018 - 2:10pm | 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 - 9:38am | 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 - 11:31am | 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 - 9:49am | 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 - 8:30am | 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 - 3:56pm | 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 - 10:06am | 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 - 9:59am | 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 - 9:19am | 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 - 9:12am | 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...
