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Saudi Arabia Will Halt Oil Production Increases Only If Iran Follows Suit
Friday, April 1, 2016 - 1:54pm | 251Crude oil traded lower on Friday as the prospect of a freeze in output among major global producers turned grim. According to Bloomberg, Saudi Arabia pledged to freeze its oil output, but under a major condition – Iran and other major producers must promise to follow suit. OPEC and non-OPEC...
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The 'Key Concern' For Global Oil: Saudi Arabia
Monday, September 14, 2015 - 12:03pm | 423Saudi Arabia's agenda remains the "key concern" for global oil, according to analysts at Imperial Capital. Saudi Arabia is "fighting for its very existence" against Iran with the "only real weapon it has" – oil. The United States–Iran nuclear...
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6 'Select' Energy Stocks Imperial Loves
Monday, June 29, 2015 - 11:36am | 406A new report by Imperial Capital analyst Bob Christensen focuses on the latest developments in the energy sector. Imperial's outlook for the space centers on the firm’s believe that crude oil prices are poised for another breakout to the upside in the next few months. Headlines Rule...
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Imperial Capital Loves Devon Energy, Says Permian Oil Play Could Boost Shares
Wednesday, May 20, 2015 - 7:27am | 223In a report published Wednesday, Imperial Capital analyst Bob Christensen initiated coverage of Devon Energy Corp. (NYSE: DVN) with an Outperform rating and price target of $92. The analysts believe that the company's Permian oil plays could offer double digit growth for several decades. Over the...
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Imperial Capital Reiterates Outperform, Raises Price Target On Range Resources On Continued Positive Outlook
Friday, February 27, 2015 - 10:00am | 99In a report published Friday, Imperial Capital analyst Bob Christensen reiterated an Outperform rating on Range Resources Corp. (NYSE: RRC), and raised the price target from $86.00 to $91.00. In the report, Imperial Capital noted, "We are maintaining our Outperform rating on RRC shares, and raising...
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Imperial Capital Reiterates Outperform, Lowers Price Target On Cabot Oil & Gas On Sharp Cutback In Drilling
Wednesday, February 25, 2015 - 9:31am | 172In a report published Wednesday, Imperial Capital analyst Bob Christensen reiterated an Outperform rating on Cabot Oil & Gas Corporation (NYSE: COG), but lowered the price target from $36.00 to $35.00. In the report, Imperial Capital noted, "We are maintaining our Outperform rating on COG...
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UPDATE: Imperial Capital Initiates Coverage On Rice Energy On Position For Continued Rapid Growth
Friday, January 23, 2015 - 9:28am | 197In a report published Friday, Imperial Capital analyst Bob Christensen initiated coverage on Rice Energy Inc (NYSE: RICE) with an Outperform rating and $27.00 price target. In the report, Imperial Capital noted, “We are initiating coverage on RICE shares with an Outperform rating and one-year price...
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Imperial Capital Reiterates Rating, Lowers Price Target On Southwestern Energy On Upsized Equity Offering
Friday, January 16, 2015 - 10:47am | 156In a report published Friday, Imperial Capital analyst Bob Christensen reiterated an Outperform rating on Southwestern Energy Company (NYSE: SWN), but lowered the price target from $43.00 to $42.00. In the report, Imperial Capital noted, “We are maintaining our Outperform rating on SWN shares, but...
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UPDATE: Imperial Capital Initiates Coverage On Apache
Thursday, November 20, 2014 - 9:44am | 267Imperial Capital initiated coverage on Apache Corporation (NYSE: APA) with an Outperform rating and $92 price target. Analyst Bob Christensen noted that his “price target is about 26 percent above the recent share price. We see APA’s high level of drilling in its liquids-rich U.S....
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Imperial Capital Offers Best Ideas In Equity Research: American Airlines, Intel And More
Thursday, November 6, 2014 - 10:11am | 538Analysts at Imperial Capital published a note titled ‘Best Ideas In Equity Research.’ Within the note, analysts highlight nine companies considered to offer the most upside potential. American Airlines Group Inc (NASDAQ: AAL) Outperform rating; $58 price target. Bob McAdoo stated...
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UPDATE: Imperial Capital Initiates Coverage On Southwestern Energy
Thursday, October 30, 2014 - 9:08am | 176In a note released Thursday morning, Imperial Capital analyst Bob Christensen initiated coverage of Southwestern Energy Company (NYSE: SWN) with an Outperform rating and a $50 price target. Christensen began by stating his belief that Southwestern should be able to post "sustained" 15...