e&p

Initiating coverage of 38 U.S. exploration and production, or E&P, companies — as well as Chevron Corporation (NYSE: CVX) and Exxon Mobil Corporation (NYSE: XOM) — Credit Suisse said it sees relative value in select E&P names, although the firm views the U.S. majors as...

Energy stocks and exchange-traded funds are rebounding off their previous lows, but the sector remains the worst-performing group in the S&P 500 this year. Problems for the broader energy sector include lagging exploration and production stocks. The SPDR S&P Oil & Gas Exploration &...

Oil was one of 2016's best-performing commodities and that was, predictably, a boon for the energy sector and the relevant exchange-traded funds. The energy sector was the top group in the S&P 500 in 2016; the Energy Select Sector SPDR (ETF) (NYSE: XLE), the largest equity-based energy ETF...

The energy sector has risen from the ashes in 2016. After being one of the worst-performing groups in each of the past two years, energy, the S&P 500's seventh-largest sector weight, is one of the best-performing segments in the S&P 500 this year. Just look at the iShares Dow Jones US...

Investment banking firm Jefferies kicked off its sixth annual energy conference this week in Houston. The conference features many of the top players in the oil and gas industry, including those in the E&P, midstream, MLP, drilling and services sectors. Last year, 75 companies participated, and...

Goldman Sachs’ Neil Mehta believes ConocoPhillips (NYSE: COP) offers “compelling relative and absolute valuation, especially given share price underperformance in 2016.” Mehta upgraded the rating on the company from Neutral to Buy, while raising the price target from $47 to $54....

After U.S. oil giants Exxon Mobil Corporation (NYSE: XOM) and Chevron Corporation (NYSE: CVX) chimed in contrasting third-quarter results, with the former reporting year-over-year declines in earnings while the latter swung to a net profit, it was déjà vu in Europe. BP plc (ADR) (NYSE: BP) and...

Shares of Baker Hughes Incorporated (NYSE: BHI) spiked higher by more than 8 percent early Friday after the Wall Street Journal reported that the company is either targeted for an acquisition or primed to secure a notable partnership. Acquisition Talks The Wall Street Journal, citing "people...

Goldman Sachs’ John Nelson believes that Gulfport Energy Corporation (NASDAQ: GPOR) shares are pricing in “an extended operational disruption despite inflecting operational momentum.” Nelson upgraded the company to Buy, with a price target of $35. Weak Sentiment The analyst...

Even as the energy companies look to savor the recent recovery in oil prices after a protracted slump, the U.S. presidential election is seen as posing the next big threat. Morgan Stanley has quickly moved in to quell the anxiety. In a research note released on Thursday, Morgan Stanley said the...

Energy Transfer Partners LP (NYSE: ETP) is one of the largest master limited partnerships and is valued at more than $20 billion. The company is engaged in natural gas operations, including natural gas midstream and intrastate transportation and storage. Wait a second — Energy Transfer...

JPMorgan has downgraded Forum Energy Technologies Inc (NYSE: FET) to Underweight from Neutral, as it expects a retreat in the shares in the second half. Not As Promising As It Once Was Despite a solid strategy, strong balance sheet and admirable FCF generation, the brokerage downgraded the shares,...

Brent crude oil prices topped $50/bbl on Thursday for the first time in nearly seven months, providing further evidence that the oil market has found its bottom for this cycle. Now that the market appears to be stabilizing, investors are shifting their focus to which stocks will be the best...

Morgan Stanley hosted an oil services conference in Houston last week where global E&P names gathered to discuss the current environment in the oil complex. Following a volatile start to 2016, which has seen WTI futures close as low as $26.19 and as high as $46.03, here are 5 key takeaways from...

The global oil market may be rebalanced well before many investors expect. According to Bernstein analyst Bob Brackett, oil-levered E&Ps will be some of the major beneficiaries once the oil market reaches equilibrium in the second half of this year. “We believe that robust demand...