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Stifel Projects 150% Upside For Lilis Energy In Bullish Initiation
Wednesday, August 1, 2018 - 4:57pm | 350Read More...Lilis Energy (NYSE: LLEX)'s recent transactions suggest the stock holds substantial upside, according to Stifel. The Analyst Stifel analyst Michael Scialla initiated coverage of Lilis Energy with a Buy rating and $12 price target. The Thesis Lilis Energy retains 19,400 net acres in...
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Underappreciated Whiting Petroleum Gets An Upgrade From Stifel
Thursday, December 1, 2016 - 10:59am | 281Read More...Stifel’s Michael Scialla expressed optimism regarding Whiting Petroleum Corp’s (NYSE: WLL) high quality Bakken shale assets, improved balance sheet and expectations of higher oil price. Scialla upgraded the rating on the company from Hold to Buy, while raising the price target from...
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Matador Resources Shares Charge Higher Following Stifel Upgrade To Buy
Wednesday, June 29, 2016 - 3:48pm | 194Read More...Investors in shares of Matador Resources Co (NYSE: MTDR) have been thankful for a Stifel upgrade from Hold to Buy Wednesday. The stock last traded at $21.25, up nearly 6 percent from Tuesday's closing price. Analyst Michael Scialla called Matador the "Delaware Basin leader." He...
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Stifel Raises Price Target On Noble Energy By 22% To $45
Thursday, June 9, 2016 - 11:32am | 277Read More...Stifel raised its price target on Noble Energy, Inc. (NYSE: NBL) by 22 percent to $45, implying an upside of 19 percent, and said the stock's 16 percent discount would narrow as political issues ease in the second half of 2016. "NBL is one of the few companies in our peer group generating double-...
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Bonanza's Dark Day: Why It Fell 40%
Wednesday, March 2, 2016 - 10:30am | 350Read More...Shares of Bonanza Creek Energy Inc (NYSE: BCEI) fell 44 percent Tuesday after it reported a loss of $573.7 million in its fourth quarter and terminated the sale of its Rocky Mountain Infrastructure assets to Meritage Midstream. Following the news, among others, Stifel, KeyBanc and Cantor...
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EXCLUSIVE: Sinopec In Talks To Acquire Anadarko Petroleum
Monday, December 21, 2015 - 3:36pm | 427Read More...China Petroleum & Chemical Corp (ADR) (NYSE: SNP) -- commonly referred to as Sinopec -- is mulling a takeover of Anadarko Petroleum Corporation (NYSE: APC), source familiar with the matter told Benzinga. China Petroleum is an $89 billion market cap company involved in the crude oil and...
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Rex Energy Investors: You're Getting Killed By This Downgrade, Risk Outlook
Tuesday, December 1, 2015 - 1:23pm | 360Read More...Stifel has downgraded Rex Energy Corporation (NASDAQ: REX), sending shares plummeting 10 percent. Stifel sees “financial risk” and ballooning debt ahead for Rex in 2016. The downgrade comes on the heels of Stifel’s latest bleak natural gas price outlook. Shares of Rex...
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Stifel: Financial Risk Is High For Goodrich Petroleum
Tuesday, December 1, 2015 - 10:39am | 188Read More...Stifel released an update on Goodrich Petroleum Corporation (NYSE: GDP) and downgraded the company from Hold to Sell based on a decrease in revenue projections and lower 2016 oil price forecasts. Goodrich has a price target of $0.20. Analysts Michael Scialla and Kenneth Beyer wrote, "While...
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Stifel Sees Upcoming 3Q14 Data Points For Memorial Resource Development
Wednesday, August 20, 2014 - 9:05am | 144Read More...In a report published Wednesday, Stifel analyst Michael Scialla reiterated a Buy rating on Memorial Resource Development (NASDAQ: MRD). In the report, Stifel noted, “MRD is currently completing two Cotton Valley (CV) Upper Red (UR) zone wells at its Temple 8 pad in Terryville Field. One of these is...
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UPDATE: Stifel Upgrades Synergy Resources
Monday, August 4, 2014 - 7:51am | 155Read More...In a note released early Monday morning, Stifel analyst Michael Scialla upgraded shares of Synergy Resources (NYSE: SYRG) from Hold to Buy and maintained a $13 price target. The upgrade comes amid "strong" well performance, which Scialla said suggest that a large portion of Synergy...
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UPDATE: Stifel Initiates Coverage On Memorial Resource Development On Emerging Terryville Asset
Tuesday, July 8, 2014 - 10:09am | 149Read More...In a report published Tuesday, Stifel analyst Michael Scialla initiated coverage on Memorial Resource Development (NASDAQ: MRD) with a Buy rating and $30.00 price target. In the report, Stifel noted, “We are initiating coverage of Memorial Resources with a Buy rating and 12-month target price of $...
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UPDATE: Stifel Initiates Coverage on Synergy Resources, Confident in Management Team
Tuesday, January 14, 2014 - 12:23pm | 147Read More...In a report published Tuesday, Stifel analyst Michael Scialla initiated coverage on Synergy Resources Corp (NYSEMKT: SYRG) with a Hold rating. According to the report, with a seasoned management team well versed in the history and nuances of Colorado's Wattenberg Field, SYRG has nimbly assembled...
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UPDATE: Stifel Upgrades PDC Energy on Focus on Wattenberg Middle Core
Tuesday, December 10, 2013 - 12:23pm | 112Read More...In a report published Tuesday, Stifel analyst Michael Scialla upgraded the rating on PDC Energy (NASDAQ: PDCE) from Hold to Buy, and named a $75.00 price target. In the report, Stifel noted, “We are raising our rating to Buy from Hold based on PDC's significant exposure to the Middle Core area of...
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UPDATE: Stifel Reiterates on Sanchez Energy Corp. on Multiple Positive Factors
Tuesday, October 29, 2013 - 9:29am | 178Read More...In a report published Tuesday, Stifel analyst Michael Scialla reiterated a Buy rating on Sanchez Energy Corp. (NYSE: SN), and raised the price target from $25.00 to $36.00. In the report, Stifel noted, “We are raising our NAV estimate to $36/share from $27 and our target price to $36 from $25...
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UPDATE: Stifel Raises PT on Matador Resources on Raised NAV Estimates, More Positive Outlook
Friday, September 20, 2013 - 10:11am | 137Read More...In a report published Friday, Stifel analyst Michael Scialla reiterated a Buy rating on Matador Resources Company (NYSE: MTDR), and raised the price target from $15.00 to $20.00. In the report, Stifel noted, “We are raising our NAV estimate to $20/share from $16 and our target price to $20 from $...
