Toronto-based Cormark Securities reaffirmed its Top Pick recommendation for Pure Energy Services (PSV:TSX) and increased its target price for the company's stock to $14.00 from $13.00.
Macquarie Equities Research maintained its OUTPERFORM rating for Bellatrix Exploration (BXE:TSX) but reduced its target share price to $6.25 from $7.00.
An advisory panel to the United States Department of Energy endorsed shale gas exploration and said that hydraulic fracturing (or "fracking") can be performed safely.
Research firm Macquarie Equities Research upgraded BlackPearl Resources (PXX:TSX) from a NEUTRAL rating to an OUTPERFORM rating and reduced its target price to C$7.50 a share.
Australia-based research firm Macquarie Equities Research reaffirmed its OUTPERFORM rating for Gran Tierra (GTE:TSX) and left its target price of $9.50 per share unchanged.
August is often one of the best months to buy natural gas stocks; gas prices and the commodities stocks overall are at a low. There is often (but not last year!) a run up in gas prices in the fall – and stocks follow – as...
Macquarie Equities Research (MER) said that although second quarter 2011 results for PetroBakken Energy (PBN:TSX) were slightly below expectations, MER was maintaining its rating of NEUTRAL for the company's stock.
The Bank of New York Mellon Corp. recently told its clients that certain large depositors will be charged a new fee.
