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Jefferies Says Golar LNG Limited Story Remains Intact Despite Below-Expectations 3Q13 EPS
Friday, November 29, 2013 - 10:04am | 91In a report published Friday, Jefferies analyst Douglas J. Mavrinac reiterated a Buy rating and $46.00 price target on Golar LNG Limited (NASDAQ: GLNG). In the report, Jefferies noted, “[Wednesday] morning, Golar reported adjusted 3Q13 EPS of $0.03 which was below both Street consensus of $0.04...
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UPDATE: Jefferies Lowers PT on Golar LNG Limited Following 2Q13 EPS Report
Friday, August 30, 2013 - 10:26am | 98In a report published Friday, Jefferies analyst Douglas J. Mavrinac reiterated a Buy rating on Golar LNG Limited (NASDAQ: GLNG), but lowered the price target from $47.00 to $46.00. In the report, Jefferies noted, “This morning, Golar reported 2Q13 EPS of $0.14, excluding one-time items, which was...
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UPDATE: Jefferies Initiates Coverage on Ardmore Shipping on Attractive Energy Production Play
Monday, August 26, 2013 - 11:42am | 103In a report published Monday, Jefferies analyst Douglas J. Mavrinac initiated coverage on Ardmore Shipping Corporation (NYSE: ASC) with a Buy rating and $20.00 price target. In the report, Jefferies noted, “We are initiating on ASC shares with a Buy rating and $20 PT based on the attractiveness of...
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UPDATE: Jefferies Raises PT on Aegean Marine Petroleum Network Following 2Q13 EPS Miss
Wednesday, August 21, 2013 - 11:01am | 104In a report published Wednesday, Jefferies analyst Douglas J. Mavrinac reiterated a Buy rating on Aegean Marine Petroleum Network (NYSE: ANW), and raised the price target from $10.00 to $11.00. In the report, Jefferies noted, “Yesterday after the market close, Aegean Marine reported adjusted 2Q13...
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UPDATE: Jefferies Lowers PT on StealthGas Following 2Q13 EPS Report
Wednesday, August 21, 2013 - 11:01am | 101In a report published Wednesday, Jefferies analyst Douglas J. Mavrinac reiterated a Buy rating on StealthGas (NASDAQ: GASS), but lowered the price target from $16.00 to $14.00. In the report, Jefferies noted, “This morning, StealthGas reported 2Q13 adjusted EPS of $0.16 which was well below Street...
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UPDATE: Jefferies Raises PT on Ultrapetrol Following 2Q13 EPS Report
Thursday, August 15, 2013 - 9:29am | 106In a report published Thursday, Jefferies analyst Douglas J. Mavrinac reiterated a Buy rating on Ultrapetrol (NASDAQ: ULTR), and raised the price target from $3.50 to $4.00. In the report, Jefferies noted, “Ultrapetrol reported an adjusted 2Q13 EPS of $0.06, which was better than both Street...
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UPDATE: Jefferies Downgrades Nordic American Tanker on Misplaced Optimism, Valuation
Tuesday, August 13, 2013 - 8:37am | 111In a report published Tuesday, Jefferies analyst Douglas J. Mavrinac downgraded Nordic American Tanker (NYSE: NAT) from Hold to Underperform, and lowered the price target from $7.00 to $5.00. In the report, Jefferies noted, “With NAT shares having increased ~40% over the past 7 weeks due to the...
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UPDATE: Jefferies Lowers PT on Diana Containerships Following 2Q13 EPS Loss
Tuesday, July 30, 2013 - 10:07am | 106In a report published Tuesday, Jefferies analyst Douglas J. Mavrinac reiterated a Buy rating on Diana Containerships (NASDAQ: DCIX), but lowered the price target from $6.00 to $5.00. In the report, Jefferies noted, “This morning, Diana Containerships reported an adjusted 2Q13 EPS loss of $0.02...
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Jefferies Reiterates Buy Rating on Baltic Trading on Very Well-Timed Acquisition
Monday, July 8, 2013 - 4:27pm | 90In a report published on Monday, Jefferies analyst Douglas J. Mavrinac reiterated a Buy rating and a $6.00 price target on Baltic Trading (NYSE: BALT). In the report, Jefferies stated, "This morning, Baltic Trading announced that it had agreed to acquire two modern Handysize dry bulk carriers,...
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Jefferies & Company Lowers Tsakos Energy Navigation (TNP) Price Target To $17
Thursday, March 18, 2010 - 11:22am | 139Jefferies & Company analysts Douglas J. Mavrinac, Benjamin Nolan and Nicholas Norstrom maintained their Hold rating for shares of Tsakos Energy Navigation Ltd (NYSE: TNP) but lowered the price target from $18 to $17. The analysts said that they believed shares of Tsakos Energy Navigation Ltd...