Friday, June 10, 2011

Coverage on (AREX) (NOV) (GEL) (GST) (CAM) Initiated

Analysts initiated coverage on Approach Resources Inc. (NASDAQ: AREX), National-Oilwell Varco, Inc. (NYSE: NOV), Genesis Energy, L.P. (NYSE: GEL), Gastar Exploration (NYSE: GST) and Cameron International (NYSE: CAM).

BMO Capital Markets initiated coverage on Approach Resources Inc. (AREX). They placed a “market perform” rating on the company.

Societe Generale analysts initiated coverage on National-Oilwell Varco, Inc. (NOV). They placed a “buy” rating on the company.

Robert W. Baird initiated coverage on Genesis Energy, L.P. (GEL). They placed an “outperform” rating and a price target of $31.00 on the company.

BMO Capital Markets initiated coverage on Gastar Exploration (GST). They placed a “market perform” rating on the company.

Societe Generale initiated coverage on Cameron International (CAM). They placed a “buy” rating on the company.

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