Bill Selesky

Not all analysts are hunky dory about Tesla Inc (NASDAQ: TSLA). Even as Tesla recently received an upgrade from Piper Jaffray, one analyst is cautious about its spending spree, at least in the near to medium term. Argus said in a note released Tuesday it is concerned about Tesla's inconsistent...

E I Du Pont De Nemours And Co (NYSE: DD) reported its Q4 2016 EPS ahead of expectations. The company has posted earnings growth in recent quarters and its merger with Dow Chemical Co (NYSE: DOW) appears on track to be completed by the end of Q2 2017, Argus’s Bill Selesky said in a report....

Argus’ Bill Selesky noted that ever since it became an independent E&P company in 2011, Marathon Oil Corporation (NYSE: MRO) has successfully divested its high cost, lower production non-core assets “in favor of higher-margin, higher-producing North American unconventional oil, gas...

Argus has upgraded Air Products & Chemicals, Inc. (NYSE: APD) to Buy from Hold following the company’s restructuring actions, which the brokerage believes will allow it to pursue stronger growth opportunities, especially in the energy sector. The Stock Among the various restructuring...

Argus likes the agreement between General Electric Company (NYSE: GE) and Baker Hughes Incorporated (NYSE: BHI) based on its creation of a new firm, combining the oil and gas units for the following factors: The integrated energy services firm could take on the likes of Halliburton Company (NYSE:...

Argus expects Helmerich & Payne, Inc. (NYSE: HP) to witness lower rig utilization in the remaining period of the current year. Aside from that, the company is also focusing its dependence on low-price spot contracts instead of higher-priced term contracts. As a result, its revenue is likely to...

Royal Dutch Shell plc (ADR) (NYSE: RDS-A) (NYSE: RDS-B) could be one of the best long-term energy value plays. According to a new note by Argus analyst Bill Selesky, the firm maintains its Buy rating and sees 13 percent upside for the high-yielding stock. “We expect Shell’s...

Argus maintains its Hold rating on Praxair, Inc. (NYSE: PX) on valuation, while believing the company remains well positioned to deliver stronger EPS growth over time. The reiteration comes as Praxair confirmed it is currently in preliminary discussions with Linde AG regarding a potential merger....

Argus has raised its EPS estimates on Newmont Mining Corp (NYSE: NEM) after solid second-quarter results. But, it kept its Hold rating on the stock, saying the company is "less well positioned" to benefit from future rise in gold prices as it lags most competitors in controlling costs. Driven by...

On June 21, Tesla Motors Inc (NASDAQ: TSLA) announced its bid to acquire SolarCity Corp (NASDAQ: SCTY) in an all-stock transaction that valued the latter at about $2.6-$2.8 billion. Argus’ Bill Selesky on Tuesday downgraded the rating for Tesla from Buy to Hold, terming the acquisition bid...