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Sunoco Earnings Preview: Higher EPS, Lower Sales Expected
Wednesday, November 2, 2011 - 6:42am | 617Sunoco (NYSE: SUN) is scheduled to report third-quarter 2011 results Thursday, November 3, after the closing bell. The petroleum refiner missed per-share earnings estimates in the previous two quarters, but revenue has risen year-over-year in the past four quarters. Investors will be looking for...
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Earnings Expectations for the Week of October 24
Sunday, October 23, 2011 - 1:40pm | 1417The earnings crunch is in full swing this this week. Quarterly results are due from the likes of Caterpillar (NYSE: CAT), Exxon Mobil (NYSE: XOM), Procter & Gamble (NYSE: PG) and United Parcel Service (NYSE: UPS), from which analysts expect to see year-over-year earnings growth, as well as...
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Earnings Expectations for the Week of July 25
Sunday, July 24, 2011 - 9:40am | 1439The earnings crunch continues this week even as the month of July winds to a close. Quarterly reports of note scheduled for the week include those from Netflix (NASDAQ: NFLX), United Parcel Service (NYSE: UPS), Exxon Mobil (NYSE: XOM), Starbucks (NASDAQ: SBUX), Merck (NYSE: MRK) and Dow Chemical (...
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Citi Maintains Hold on ConocoPhillips
Thursday, July 14, 2011 - 9:24am | 91Citi is out with its report today on ConocoPhillips (NYSE: COP), maintaining Hold. In a note to clients, Citi writes, "We rate shares of COP Hold/High Risk (2H). Strong free cash flows from COP's legacy portfolio, a robust share repurchase program, high commodity prices and a stable dividend are...
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U.S. and Russian CEOs Meet with President Medvedev to Support Russia's WTO Accession
Friday, June 17, 2011 - 8:15am | 233The U.S.-Russia Business Council Board Members, led by USRBC Chairman Klaus Kleinfeld of Alcoa, met today with President Medvedev in St. Petersburg at The St. Petersburg International Economic Forum to present him with a letter voicing their full support for the Russian Federation's accession to...
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Jefferies Comments on Meeting with ConocoPhillips
Thursday, June 9, 2011 - 7:55am | 115According to a recent report, Jefferies hosted ConocoPhillips (NYSE: COP) on its recent management roadshow in the UK. The key topic discussed at the meeting was COP's determination to maintain the progress of its strategic turnaround. Jefferies has maintained a Buy rating and $90.00 price target...
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Goldman Sachs Releases Price Target Summary
Tuesday, May 24, 2011 - 8:56am | 428According to Goldman Sachs, Cabot Oil & Gas (NYSE: COG) price target has been increased to $68.00 from $67.00. Estimates for the current year are $0.87. Cameron International (NYSE: CAM) price target has gone down to $69.00 from $73.00. Estimates for the current year are $2.60. Canadian Natural...
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Jefferies Raises COP Target From $87.50 To $90
Monday, April 11, 2011 - 7:54am | 99Jefferies has raised its PT on shares of ConocoPhillips (NYSE: COP) from $87.50 to $90. "We have raised ConocoPhillips' estimated earnings by 37% in 2011 and 25% in 2012," Jefferies writes. "At our new target price of US$90 (raised by 3%) we estimate the stock would trade on a 2011 PE of 10.4x, a...
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Credit Suisse Raises COP PT To $93
Thursday, March 24, 2011 - 9:10am | 110Credit Suisse has raised the ConocoPhillips (NYSE: COP) Price Target from $90.00 to $93.00. According to the report, "Step-up in Downstream Profitability: COP have been positively surprised by the demand environment and are a beneficiary of strong inland US refining margins and light-heavy...
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Despite COP's Improving Story, Morgan Stanley Prefers CVX
Thursday, March 24, 2011 - 8:26am | 118ConocoPhillips' (NYSE: COP) analyst meeting was the third and final of the 2011 US large-cap, Integrated analyst meetings, Morgan Stanley reports. “In our view, the entire group of large cap oils remains attractively valued versus the S&P 500 with moderate production growth, peer-leading...
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Deutsche Bank Comments On "Juicy Worms" For ConocoPhillips
Thursday, March 24, 2011 - 8:24am | 157According to Deutsche Bank, ConocoPhillips's (NYSE: COP) 2011 analyst meeting saw some “juicy worms”. Deutsche Bank reported that ConocoPhillips' analyst meeting provided the most material content and shareholder-friendly strategy of the big three oils analyst meetings in March (XOM, CVX, COP). “...
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Jefferies Reports ConocoPhillips Solid But Downstream Disposal Remains Elusive
Thursday, March 24, 2011 - 8:05am | 127According to Jefferies, ConocoPhillips (NYSE: COP) is solid but downstream disposal remains elusive. Jefferies reported that COP delivered a solid strategy update, although with little that was really new or could act as a significant near-term catalyst. “In particular the long-awaited significant...
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Jefferies Raises PT On ConocoPhillips To $87.50
Thursday, March 24, 2011 - 7:35am | 26Jefferies & Company has raised the price target on ConocoPhillips (NYSE: COP) from $75 to $87.50 and maintains its Buy rating.
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UPDATE: Deutsche Bank Raises PT on ConocoPhillips to $90 (COP)
Monday, March 21, 2011 - 7:26am | 127Deutsche Bank is out with its report today on ConocoPhillips (NYSE: COP), raising its PT to $90. In a note to clients, Deutsche Bank writes, "We expect ConocoPhillips to refresh & extend through 2012 its differentiated shareholder-friendly "shrink to grow" strategy. The major disposal-to-share...
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Deutsche Bank Raises PT On ConocoPhililps To $90
Monday, March 21, 2011 - 6:58am | 26Deutsche Bank has raised the price target on ConocoPhillips (NYSE: COP) from $82 to $90 and maintains its Buy rating.