Energy Business

Top Oil & Gas Analyst Calls (December 18, 2007)

These are the top analyst research noted that 247WallSt.com has seen in the oil, gas, and energy sector early this morning:

  • Approach Resources (AREX) started as Overweight at J.P.Morgan.
  • Atwood Oceanics (ATW) raised to Buy at Banc of America.
  • Cal Drive (DVR) started as Buy at Banc of America.
  • Diamond Offshore (DO) started as Buy at Banc of America.
  • Ensco (ESV) started as Neutral at Banc of America.
  • Grant Prideco (GRP) downgraded to Hold at Citigroup.
  • Gulfmark Offshore (GLF) raised to Buy at Banc of America.
  • Hornbeck Offshore (HOS) started as Buy at Banc of America.
  • Noble Energy (NE) started as Buy at Banc of America.
  • Occidental Petroleum (OXY) raised to Market Perform at FBR.
  • Pride International (PDE) started as neutral at Banc of America.
  • Transocean (RIG) started as Buy at Banc of America; Jim Cramer also noted this one as being one of his top 5-year stocks with earnings visibility.

Jon C. Ogg
December 18, 2007

Jon Ogg can be reached at jonogg@247wallst.com; he produces the SPECIAL SITUATION newsletter and he does not own securities in the companies he covers.