GeoResources

Wunderlich initiated coverage on Earthstone Energy Inc (NYSE: ESTE) Monday with a Buy rating and $24 price target. Analyst Jason A Wangler noted that the “main asset for ESTE is its operated Eagle Ford position in the core of the oily Eagle Ford. Currently the company has over 23,000 net...

Things will quiet on the earnings front this week. Perhaps the two most prominent quarterly reports will come from retailers and S&P 500 components Urban Outfitters (NASDAQ: URBN) and Ross Stores (NASDAQ: ROST). Analysts on average expect both companies to post year-over-year revenue growth of...

Global Hunter is out with its report today on GeoResources (NASDAQ: GEOI), maintaining Buy. In a note to clients, Global Hunter writes, "GeoResources reported 4Q results below our estimates due to low price realization and higher G&A costs. The development program in the Bakken and Eagle Ford...

Wunderlich reports on Transocean (NYSE: RIG): that "reserve and production estimates depend on many assumptions that may turn out to be inaccurate. Any material change in these figures could materially change our estimates." Wunderlich remains cautious offshore and intends to focus on oil and gas...