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2015 Energy Earnings Were Historically Bad, But 2016 Could Be Even Worse
Friday, January 15, 2016 - 2:06pm | 343Oppenheimer issued an industry update on the oil and gas industry saying the firm expects 4Q15 results to reflect the low prices for commodities seen in 2015. Oppenheimer highlighted major players, including Chevron Corporation (NYSE: CVX), Anadarko Petroleum Corporation (NYSE: APC) and Apache...
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The Worst Stock Ideas Of December
Thursday, December 31, 2015 - 11:28am | 455Perhaps it’s fitting that the final monthly list of the five worst performing S&P 500 stocks of 2015 is populated entirely by oil and gas stocks. After collapsing in mid-2014, oil prices declined another 32 percent in 2015, falling to below $40/bbl as OPEC continues to flood the global...
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What To Expect From The 2016 Presidential Elections
Sunday, December 20, 2015 - 7:08pm | 1585This year has been a tumultuous one for both Republican and Democratic presidential hopefuls, as they dragged each other through the mud in an effort to secure their name on their respective party's ballot. However, the race has only just begun, with the bulk of the campaigning due to take...
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This Unconventional Metric Is The Key To E&P Outperformance
Saturday, December 5, 2015 - 2:04pm | 575Raymond James believes that the key to predicting E&P stock outperformance is PDP equity growth. Stocks with strong PDP equity growth have significantly outperformed their peers during the commodity downturn. The firm has created a five-point checklist to use to identify PDP equity growth....
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The Massive Energy M&A Cycle Could Be Arriving Soon
Monday, November 2, 2015 - 2:15pm | 467Oil investors are watching for the beginning of the M&A boom that typically accompanies downturns in crude prices. The "lower for longer" price outlook may be delaying the beginning of the M&A boom because buyers believe they can remain patient for now. Bernstein believes that...
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Watch Out, Barclays Is Still Negative On E&P Stocks
Wednesday, October 21, 2015 - 10:44am | 447E&P (oil exploration and production) companies will kick off their third-quarter earnings season on Thursday with Southwestern Energy Company (NYSE: SWN) reporting after market close. Thomas Driscoll of Barclays maintained a Negative outlook on the entire sector, noting that his third-quarter...
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New Strategy For E&Ps: 'Growth Be Damned'
Wednesday, October 7, 2015 - 1:57pm | 514BMO Capital Markets believes that Q3 earnings will further illustrate the defensive shift in E&P strategy. The firm predicts 2016 capex plans will show production growth is no longer a top concern for E&Ps. BMO recommends investing in “defensive quality” stocks in anticipation...
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Cowen Downgrades Two-Thirds Of E&P Coverage Portfolio
Tuesday, September 8, 2015 - 1:03pm | 630In a report published Monday, Cowen And Company analyst Ryan Oatman suggested that companies within the Oil & Gas Exploration & Production sector could see approximately 50 percent downside to 2017 consensus estimates. According to Oatman, he sees a "stronger" outlook for U.S...
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HSBC: Oil Field Service Planning For A 'Lower For Longer' Scenario, Upgrades Halliburton To Buy
Thursday, September 3, 2015 - 10:36am | 538Phillip Lindsay, HSBC Global Research's Oil Field Service analyst, commented in a note on Thursday that the industry outlook has "worsened" since March with additional E&P capital expenditure cutbacks and further oil price "turbulence." Lindsay continued that North...
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Here's The Best And Worst-Hedged Oil E&Ps Beyond 2015
Friday, May 1, 2015 - 12:50pm | 992In a new report, analysts at Wunderlich took an in-depth look at oil and gas exploration and production (E&P) companies and their hedging strategies beyond this year. Analysts point out that many companies missed out on better hedging opportunities that were available when oil prices were...
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Surprising Results From Wunderlich Securities E&P And OFS Survey
Friday, October 22, 2010 - 10:09am | 165Wunderlich Securities conducted its inaugural quarterly oilfield services (OFS) and exploration & production (E&P) survey. Numerous investors/company managements were asked about expectations for 4Q10/2011 macro data, commodity prices, investing styles, and valuations. “The results were...
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Goldman Sachs Maintains Positive Oil/Gas View (TLM, NFX)
Friday, May 14, 2010 - 10:24am | 190Goldman Sachs (NYSE: GS) is out with an investor note this morning that is reiterating their positive view on select Oil/Gas players. They said that they are maintaining an “Attractive” coverage view on the sector and that E&P stocks should begin to reflect higher natural gas/oil prices....
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Goldman Sachs Maintains Positive Oil/Gas View (TLM, NFX)
Friday, May 14, 2010 - 10:24am | 190Goldman Sachs (NYSE: GS) is out with an investor note this morning that is reiterating their positive view on select Oil/Gas players. They said that they are maintaining an “Attractive” coverage view on the sector and that E&P stocks should begin to reflect higher natural gas/oil prices....