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Simmons Assumes Overweight Rating, $48 Target On Noble Energy
Wednesday, June 8, 2016 - 1:05pm | 286Read More...Simmons & Company analysts, Pearce Hammond, Kashy Harrison and Buddy Alpaugh assumed an Overweight rating on Noble Energy, Inc. (NYSE: NBL) and kept a price target of $48. The brokerage said Noble Energy lagged behind the E&P group this year (up 14 percent vs. the EPX up 36 percent)...
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Weatherford Upgraded To Overweight By Simmons, Sees 35% Upside
Friday, June 3, 2016 - 10:33am | 295Read More...Simmons & Company senior analyst, Bill Herbert, believes the recent $1 billion convertible offering of Weatherford International plc (NYSE: WFT) redefined the downside risks to the acceptable levels from the possible distressing scenario. As a result, the brokerage upgraded shares to...
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Simmons & Co Says E&P Names Are Mispriced, Picks 9 Favorites To Play
Thursday, April 14, 2016 - 9:48am | 398Read More...Simmons & Co is upping EPS estimates and price targets for oil & gas E&P stocks. According to analyst Pearce Hammond, the firm’s new estimates reflect a mark-to-market update to the forward curve through 2018. “Our E&P coverage universe (mkt cap weighted) now offers ~13...
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Simmons & Co Downgrades Hercules Offshore To Underweight
Thursday, June 18, 2015 - 9:09am | 53Read More...Simmons & Co downgraded Hercules Offshore, Inc. (NASDAQ: HERO) from Neutral to Underweight. Hercules Offshore shares have dropped 86.41 percent over the past 52 weeks, while the S&P 500 index has surged 7.19 percent in the same period. Hercules Offshore shares fell 66.05 percent to $0.226...
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Simmons & Co Initiates FMSA Holdings With Overweight
Friday, May 22, 2015 - 9:39am | 30Read More...Simmons & Co initiated coverage on FMSA Holdings Inc (NYSE: FMSA) with a Overweight rating. FMSA Holdings' shares closed at $8.83 yesterday.
