Showing posts with label Murphy Oil. Show all posts
Showing posts with label Murphy Oil. Show all posts

Wednesday, October 17, 2012

Vale (VALE) (MUR) (YZC) (NSU) (CMK) (KMP) (CRK) Ratings Changes and Initiations


Vale (VALE), Murphy Oil (MUR), Yanzhou Coal Mining (YZC), Nevsun Resources Ltd (NSU), Cline Mining (CMK), Kinder Morgan Energy Partners LP (KMP) and Comstock Resources (CRK) had analysts change or initiate ratings on them.

Brean Murray upgraded Murphy Oil (MUR) from a "Hold" rating to a "Buy" rating, while Societe Generale downgraded Murphy Oil from a "Buy" rating to a "Hold" rating. They have a price target of $60.00 on the company.

Citigroup (C) downgraded Yanzhou Coal Mining (YZC) from a "Buy" rating to a "Sell" rating.

Zacks downgraded Vale (VALE) from a "Neutral" rating to an "Underperform" rating. They have a price target of $17.00 on the company.

Haywood Securities downgraded Nevsun Resources Ltd (NSU) from an "Outperform" rating to a "Sector Perform" rating.

Dundee Securities downgraded Cline Mining (CMK) from a "Buy" rating to a "Neutral" rating.

Imperial Capital downgraded Kinder Morgan Energy Partners LP (KMP) from a "Buy" rating to a "Sell" rating.

Brean Murray initiated coverage on Comstock Resources (CRK). They placed a "Hold" rating on the company.

Tuesday, February 14, 2012

Yingli (YGE) (HSY) (K) (MUR) (CLD) (LL) (GSP) Ratings, Price Targets

Yingli Green Energy (NYSE:YGE), Hershey (NYSE:HSY), Kellogg (NYSE:K), Murphy Oil (NYSE:MUR), Cloud Peak Energy (NYSE:CLD), Lumber Liquidators (NYSE:LL) and Gap Inc (NYSE:GPS) had ratings and price targets on them adjusted by analysts.

Morgan Stanley initiated coverage on Hershey (HSY). They placed an "Equal Weight" rating on the company.

Morgan Stanley initiated coverage on Kellogg (K). They placed an "Equal Weight" rating on the company.

Brean Murray initiated coverage on Murphy Oil (MUR). They placed a "Buy" rating and price target of $71.00 on the company.

Cloud Peak Energy (CLD) was downgraded by Barclays from an "Equal Weight" rating to an "Underweight" rating.

Lumber Liquidators (LL) was downgraded by Janney Montgomery Scott from a "Neutral" rating to a "Sell" rating.

Yingli Green Energy (YGE) was downgraded by Auriga from a "Buy" rating to a "Hold" rating.

Gap (GSP) was upgraded by Citigroup (NYSE:C) from a "Neutral" rating to a "Buy" rating.

Monday, January 30, 2012

Inergy (NRGY) (WLL) (SD) (CNX) (SN) (MUR) (GGC) (NUE) (STLD) (RIG) Ratings, Price Targets

Inergy (NASDAQ: NRGY), Whiting Petroleum Co. (NYSE: WLL), SandRidge Energy Inc. (NYSE: SD), CONSOL Energy Inc. (NYSE: CNX), Sanchez Energy (NYSE: SN), Murphy Oil (NYSE: MUR), Georgia Gulf (NYSE: GGC), Nucor Co. (NYSE: NUE), Steel Dynamics, Inc. (NASDAQ: STLD) and Transocean (NYSE: RIG) ratings and price targets.

Inergy (NRGY) was downgraded by Raymond James (NYSE:RJF) from a “Market Perform” rating to an “underperform” rating.

Citigroup (NYSE:C) initiated coverage on Whiting Petroleum Co. (WLL). They placed a “Buy” rating on the company.

Citigroup initiated coverage on SandRidge Energy Inc. (NYSE: SD). They placed a “Buy” rating on the company.

CONSOL Energy Inc. (CNX) had its “Market Perform” rating reiterated by BMO Capital Markets. They have a price target of $40.00 on the company.

Cowen initiated coverage on Sanchez Energy (SN). They placed an “Outperform” rating on the company.

Murphy Oil (MUR) had its price target raised by Scotia Capital to $60.00.

Georgia Gulf (GGC) was downgraded by UBS AG (NYSE:UBS) from a “Buy” rating to a “Neutral” rating.

Nucor Co. (NUE) was downgraded by Deutsche Bank (NYSE:DB) from a “Buy” rating to a “Hold” rating.

Steel Dynamics, Inc. (STLD) was downgraded by Credit Agricole from a “Buy” rating to an “Outperform” rating.

Transocean (RIG) was upgraded by Capital One to a “Neutral” rating.

Thursday, August 5, 2010

Murphy Oil (NYSE:MUR) Earnings Up 71 Percent on Higher Oil, Gas Prices and Wider Margins

Murphy Oil Corp.'s (NYSE:MUR) earnings in the second quarter soared 71 percent, driven by higher gas and oil prices, along with margins from motor fuel.

Earnings reached $272.3 million for the quarter, or $1.41 a share, against the $158.8 million, or 83 cents a share, in the same quarter last year.
Analysts had estimated earnings of $1.21 a share.

Revenue increased to $5.59 billion, up from the $4.56 billion in last year's second quarter. That was below analysts' expectations, who were looking for $6.36 billion.

Average oil production on a daily basis globally was 189,951 barrels of oil equivalent, an improvement of 33 percent over last year.

Guidance for the third quarter was for earning of $1.10 to $1.15 a share.

Murphy also announced their Board of Directors has declared a quarterly dividend increase of 10 percent, to 27.5 cents a share, equal to $1.10 annually.