Friday, October 26, 2012

Whiting (WLL) (OXY) (BVN) (GPOR) (TXG) Ratings Downgrades and Initiations


Whiting Petroleum Co. (WLL), Occidental Petroleum Co. (OXY), Compania de Minas Buenaventura SA (BVN), Gulfport Energy Co. (GPOR) and Torex Gold Resources (TXG) had ratings on them downgraded or initiated.

Macquarie downgraded Occidental Petroleum Co. (OXY) from an "Outperform" rating to a "Neutral" rating.

Iberia Capital downgraded Whiting Petroleum Co. (WLL) from an "Outperform" rating to a "Sector Perform" rating.

Credit Suisse initiated coverage on Compania de Minas Buenaventura SA (BVN). They have a "Neutral" rating on the company.

Credit Suisse initiated coverage on Gulfport Energy Co. (GPOR). They have an "Outperform" rating and a price target of $40.00 on the company.

RBC Capital initiated coverage on Torex Gold Resources (TXG). They have an "Outperform" rating and a price target of $2.50 on the company.

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