Thursday, January 5, 2012

Concho (CXO) (VOC) (GDP) (SD) (WTI) (XEC) Ratings, Price Targets

Concho Resources Inc. (NYSE: CXO), VOC Energy Trust (NYSE: VOC), Goodrich Petroleum Co. (NYSE: GDP), SandRidge Energy Inc. (NYSE: SD), W&T Offshore, Inc. (NYSE: WTI) and Cimarex Energy Co. (NYSE: XEC) ratings and price targets.

VOC Energy Trust (VOC) was upgraded by Oppenheimer from a “Perform” rating to an “Outperform” rating. They have a price target of $25.00 on the company.

Concho Resources Inc. (CXO) was upgraded by RBC Capital from a “Sector Perform” rating to an “Outperform” rating.

Goodrich Petroleum Co. (GDP) was upgraded by CapitalOne to an “Add” rating.

SandRidge Energy Inc. (SD) was downgraded by RBC Capital from an “Outperform” rating to a “Sector Perform” rating.

W&T Offshore, Inc. (WTI) was downgraded by CapitalOne to a “Neutral” rating.

Cimarex Energy Co. (XEC) was downgraded by Raymond James (NYSE:RJF) from a “Strong Buy” rating to an “Outperform” rating.

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