In the wake of second quarter results, Raymond James issued three recommendations for those watching oil stocks: pressure pumping services are an attractive play, drillers are being undervalued and rental companies should perform well.
So what do we retail investors do now?
Gut wrenching volatility in the markets due to gut-less politicians has left investors dazed – do we still buy the dips or this 2008 all over again?
I was a buyer on Thursday and Friday of my favourite oil producers and energy services...
Financial services firm Raymond James recently upgraded Petroquest Energy (PQ:NYSE) to OUTPERFORM from MARKET PERFORM based in part of the company's strong second quarter results.
Canadian brokerage firm GMP Securities downgraded Trilogy Energy Corp (TET-TSX; TETZF-PINK) from a BUY to a HOLD today, but did not reduce its target price of $27.50 per share. The stock closed at $27.25 on Tuesday, and GMP said the downgrade was because the stock has already hit its...
Raymond James researchers predict that the overall domestic U.S. oil supply will increase – but only modestly - over the next five years.
Wunderlich Securities recently raised the price target for Approach Resources Inc. (AREX:NASDAQ) by $3 to $41, to reflect updates the company made to its mid-year reserves estimate of 66.8 million barrels of oil equivalent (mmboe).
Daylight Energy Ltd. (DAY:TO) has invested $100 million to obtain rights to drill for Alberta Duvernay shale oil.
Black Raven Energy, Inc., which is currently a private company, recently said it acquired an 80 percent working interest in Morgan County, Colorado's Adena Field.
