Showing posts with label Talisman Energy. Show all posts
Showing posts with label Talisman Energy. Show all posts

Monday, September 24, 2012

Chevron (CVX), (FSM), (AKS), (BTU), (TLM) (WLT) (DRQ) Ratings Changes


Ratings on shares of Chevron (CVX), Dril-Quip (DRQ), AK Steel Holding Co. (AKS), Peabody Energy Corp. (BTU), Fortuna Silver Mines (FSM), Talisman Energy (TLM), Walter Energy (WLT) and U.S. Steel (X) were adjusted by analysts.

Howard Weil upgraded shares of Chevron (CVX) from a "Market Perform" rating to an "Outperform" rating. They have a price target of $135.00 on the company.

ISI Group upgraded Dril-Quip (DRQ) from a "Hold" rating to a "Buy" rating.

Citigroup (C) downgraded AK Steel Holding Co. (AKS) from a "Neutral" rating to a "Sell" rating. They lowered their price from $5.50 to $3.50 on the company.

Bank of America (BAC) downgraded Peabody Energy Corp. (BTU) from a "Buy" rating to an "Underperform" rating. They lowered their price target from $32.00 to $22.00 on the company.

Dundee Securities downgraded Fortuna Silver Mines (FSM) from a "Buy" rating to a "Neutral" rating.

Credit Suisse (CS) downgraded Talisman Energy (TLM) from an "Outperform" rating to a "Neutral"rating.

Bank of America Walter Energy (WLT) Buy Neutral $45.00 $37.00

Citigroup U.S. Steel (X) Buy Neutral $30.00 $23.00

Friday, September 7, 2012

CF (CF) (DNR) (ANV) (BRD) (EOG) (SUN) (TLM) Ratings Changes

CF Industries Holdings Inc (CF), Denbury Resources Inc. (DNR), Allied Nevada Gold Corp (ANV), Brigus Gold (BRD), EOG Resources (EOG), Sunoco, Inc. (SUN) and Talisman Energy (TLM) had ratings on them adjusted by analysts.

Feltl & Co. upgraded CF Industries Holdings Inc (CF) from a "Buy" rating to a "Strong-Buy" rating.

Sterne Agee upgraded Denbury Resources Inc. (DNR) from a "Neutral" rating to a "Buy" rating. They have a price target of $20.00 on the company.

Macquarie downgraded Allied Nevada Gold Corp (ANV) from a "Neutral" rating to an "Underperform" rating.

Global Hunter Securities downgraded Brigus Gold (BRD) from an "Accumulate" rating to a "Neutral" rating.

Societe Generale downgraded EOG Resources (EOG) from a "Buy" rating to a "Hold" rating.

Citigroup (C) downgraded Sunoco, Inc. (SUN) from a "Buy" rating to a "Neutral" rating. They have a price target of $51.00 on the company.

Societe Generale downgraded Talisman Energy (TLM) from a "Hold" rating to a "Sell" rating.

Wednesday, May 25, 2011

Price Targets on (KWK) (SU) (TLM) (TSO) (UPL) (VLO) Updated by Goldman Sachs (GS)

Goldman Sachs (NYSE:GS) updated its price targets on energy companies, including Quicksilver Resources Inc (NYSE: KWK), Suncor Energy Inc. (NYSE:SU), Talisman Energy Inc (NYSE: TLM), Tesoro Co. (NYSE: TSO), Ultra Petroleum Corp. (NYSE: UPL) and Valero Energy Co. (NYSE: VLO).

Goldman Sachs raised their price target on Quicksilver Resources Inc (KWK) to $17.00.

Goldman Sachs raised their price target on Suncor Energy Inc. (SU) to $63.00.

Goldman Sachs cut their price target on Talisman Energy Inc (TLM) to $26.00.

Goldman Sachs raised their price target on Tesoro Co. (TSO) to $27.00.

Goldman raised their price target on Ultra Petroleum Corp. (UPL) to $52.00.

Goldman raised their price target on Valero Energy Co. (VLO) to $28.00.

Thursday, September 2, 2010

Talisman (NYSE:TLM) Selling Assets to Husky (TSE:HSE)

While most assumed it to be so, Talisman Energy Inc. (NYSE:TLM) has let it be known that they are the company selling natural gas assets to Husky Energy Inc. (TSE:HSE).

The original announcement by Husky was they were acquiring an asset which produced about 65 million cubic feet of gas a day, pointing to Talisman, although not confirmed by Husky at the time.

Production from the acquisition will be about 37 million barrels oil equivalent of proven reserves and 11.7 million of probable reserves.

On a daily basis that would energy equivalent to 10,800 barrels a day.

Recent gas-weighted have on average brought close to $45,000 per flowing barrel of oil equivalent, making this deal at somewhere between $400 million to $500 million.

Husky is controlled by billionaire Li Kashing, based in Hong Kong.

Saturday, February 27, 2010

Questerre Energy Corp.(TSE:QEC): Utica Shale

Questerre Energy Utica Shale

Western Canada has historically and rightfully been considered the energy capital of Canada, but the discovery and early promise of natural gas in what is being called the Utica shale, has many companies and people in the area giddy about the potential if things play out the way they think.

Questerre Energy Corp. (TSE:QEC) says there's a possibility Utica shale could contain over 20 trillion cubic feet of recoverable natural gas, although it'll take time to prove that assumption.

In the first several weeks of the opening of the well, 12 million cubic feet of gas was produced on a daily basis, although that has dropped to less than half of that since that time. That's the normal way natural gas shale production works though, so not a real problem in that regard.

There are three more wells set to be opened similar to this particular well, which will give a better picture of the overall promise in the area.

While there is a lot of excitement about the potential in the first well, it will take some time, in fact years, and many more wells before it is known how strong of a find this is, but it's important that the first well at least showed solid potential and reason to go forward.

Other than Questerre Energy Corp., another way this could be played would be through Talisman Energy Inc. (TSE:TLM), which has a 75 percent stake in 400,000 hectares of land held by Questerre.

Questerre Energy Utica Shale