China Ming Yang Wind Power Group Limited (NYSE:MY), Endeavour International Co. (NYSE:END), Magnum Hunter (NYSE:MHR), Boyd Gaming (NYSE:BYD), Frontline Ltd. (NYSE:FRO), NetQin Mobile (NYSE:NQ) and Cogdell Spencer Inc. (NYSE:CSA) were the biggest gainers on the NYSE Tuesday.
China Ming Yang Wind Power Group Limited (MY) ended the session up 30.06 percent, closing at $2.25. They traded in a range of $1.74 to $2.46. A total of 1,022,012 shares changed hands.
Endeavour International Co. (END) ended the session up 24.53 percent, closing at $7.97. They traded in a range of $6.61 to $8.26. A total of 966,490 shares changed hands.
Magnum Hunter (MHR) ended the session up 16.27 percent, closing at $5.43. They traded in a range of $4.91 to $5.59. A total of 7,988,175 shares changed hands.
Boyd Gaming (BYD) ended the session up 10.50 percent, closing at $7.68. They traded in a range of $6.98 to $7.79. A total of 2,516,695 shares changed hands.
Frontline Ltd. (FRO) ended the session up 10.24 percent, closing at $4.63. They traded in a range of $4.28 to $4.98. A total of 2,439,053 shares changed hands.
NetQin Mobile (NQ) ended the session up 9.76 percent, closing at $5.51. They traded in a range of $5.15 to $5.57. A total of 121,064 shares changed hands.
Cogdell Spencer Inc. (CSA) ended the session up 9.18 percent, closing at $4.28. They traded in a range of $4.20 to $4.31. A total of 8,289,367 shares changed hands.
Showing posts with label Magnum Hunter. Show all posts
Showing posts with label Magnum Hunter. Show all posts
Wednesday, December 28, 2011
Wednesday, May 11, 2011
Ratings on (HMIN) (MHR) (MNKD) (MOBI) (MXIM) Reiterated
Ratings on Home Inns & Hotels Management Inc. (NASDAQ: HMIN), Magnum Hunter (NYSE: MHR), MannKind Co. (NASDAQ: MNKD), Sky-mobi (NASDAQ: MOBI) and Maxim Integrated Products Inc. (NASDAQ: MXIM) reiterated by analysts.
Goldman Sachs (NYSE:GS) reiterated a “neutral” rating on Home Inns & Hotels Management Inc. (HMIN).
Wunderlich reiterated a “buy” rating on Magnum Hunter (MHR). They have a price target of $9.20 on the company.
JPMorgan Chase & Co. (NYSE:JPM) reiterated an “underweight” rating on MannKind Co. (MNKD).
Citigroup (NYSE:C) reiterated a “buy” rating on Sky-mobi (MOBI). They have a price target of $23.00 on the company.
Citigroup reiterated a “buy” rating on Maxim Integrated Products Inc. (MXIM). They have a price target of $35.00 on the company.
Goldman Sachs (NYSE:GS) reiterated a “neutral” rating on Home Inns & Hotels Management Inc. (HMIN).
Wunderlich reiterated a “buy” rating on Magnum Hunter (MHR). They have a price target of $9.20 on the company.
JPMorgan Chase & Co. (NYSE:JPM) reiterated an “underweight” rating on MannKind Co. (MNKD).
Citigroup (NYSE:C) reiterated a “buy” rating on Sky-mobi (MOBI). They have a price target of $23.00 on the company.
Citigroup reiterated a “buy” rating on Maxim Integrated Products Inc. (MXIM). They have a price target of $35.00 on the company.
Wednesday, January 26, 2011
Magnum Hunter (NYSE:MHR) Ready to Soar Says Canaccord
Magnum Hunter (NYSE: MHR) has a powerful asset base and strong growth potential, says Canaccord, and is ready to outperform in their view.
Canaccord says, "We are increasingly constructive on Magnum Hunter’s asset base and relative growth potential. In particular, we are very encouraged by the announced transactions and MHR’s strong start in the Eagle Ford and Marcellus projects. We believe the stock is well positioned to outperform based on its leading exposure to the Eagle Ford, Marcellus, and Bakken oil trends and material catalysts (Eagle Ford wells, bolt-on transactions and JV partnerships). In addition, we continue to encourage investors to note that MHR projects very well into 2012 based on the growth and quality of its 2011 investments."
Canaccord Genuity maintains a 'Buy' rating on Magnum Hunter (MHR), which closed Tuesday at $7.00, down $0.19, or 2.64 percent. Canaccord raised their price target on Magnum Hunter to $8.75.
Canaccord says, "We are increasingly constructive on Magnum Hunter’s asset base and relative growth potential. In particular, we are very encouraged by the announced transactions and MHR’s strong start in the Eagle Ford and Marcellus projects. We believe the stock is well positioned to outperform based on its leading exposure to the Eagle Ford, Marcellus, and Bakken oil trends and material catalysts (Eagle Ford wells, bolt-on transactions and JV partnerships). In addition, we continue to encourage investors to note that MHR projects very well into 2012 based on the growth and quality of its 2011 investments."
Canaccord Genuity maintains a 'Buy' rating on Magnum Hunter (MHR), which closed Tuesday at $7.00, down $0.19, or 2.64 percent. Canaccord raised their price target on Magnum Hunter to $8.75.
Wednesday, January 19, 2011
Magnum Hunter (NYSE:MHR) Has Catalyst Galore Says Jefferies (NYSE:JEF)
Citing their exposure to WV Marcellus, Eagle Ford, with their first well in Ohio Marcellus about to come online, Jefferies (NYSE:JEF) sees Magnum Hunter (NYSE:MHR) performing strongly.
Results from Eagle Ford and WV Marcellus are expected to be released soon, which should come back positive.
Even though 2011 may take some time to play out, heading into 2012 Jefferies sees Magnum Hunter's share price soaring.
For full year 2011 they lowered their EPS estimate on Magnum from $0.25 to $0.15, while keep an EPS estimate of $0.15 for 2012.
As for price targets, that has been raised by Jefferies on Magnum in 2012 from $4.80 to $11.
Jefferies maintains a "Buy" rating on Magnum, which was trading at $7.28, down $0.64, or 8.08 percent, as of 12:23 PM EST.
Results from Eagle Ford and WV Marcellus are expected to be released soon, which should come back positive.
Even though 2011 may take some time to play out, heading into 2012 Jefferies sees Magnum Hunter's share price soaring.
For full year 2011 they lowered their EPS estimate on Magnum from $0.25 to $0.15, while keep an EPS estimate of $0.15 for 2012.
As for price targets, that has been raised by Jefferies on Magnum in 2012 from $4.80 to $11.
Jefferies maintains a "Buy" rating on Magnum, which was trading at $7.28, down $0.64, or 8.08 percent, as of 12:23 PM EST.
Monday, December 20, 2010
Approach Resources (NASDAQ:AREX), Cimarex (NYSE:XEC), Magnum Hunter (Amex:MHR), Northern Oil & Gas (Amex:NOG), Swift (NYSE:SFY) Top E&P Picks of Canaccord for 2011
Approach Resources (NASDAQ:AREX), Cimarex Energy (NYSE:XEC), Magnum Hunter (Amex: MHR), Northern Oil & Gas (Amex: NOG), and Swift Energy (NYSE:SFY) were identified by Canaccord Genuity as their top exploration and production picks in oil and gas for 2011.
Canaccord said, "We still believe there is appreciable upside remaining in our best ideas despite a 25% run in our E&P coverage universe since mid-October. In our view, this upside will become clear over the next three to four months. While most are focused on 2010 year-end updates and 2011 outlooks, we are turning our attention to 2012. Assuming a relatively constant BTU relationship and producers continuing to invest in their highest IRR projects, we believe 2012 serves as an important inflection point for many of our covered companies. We are specifically focused on early-stage transformation stories with increasing leverage to oil and underappreciated growth stories with decreasing 2012 multiples and free cash flowing assets. With that backdrop in mind, the stocks that we believe are best positioned to outperform in 2011 include Approach Resources, Cimarex Energy, Magnum Hunter, Northern Oil & Gas, and Swift Energy."
Approach Resources closed Friday at $20.91, up $0.86, or 4.29 percent. Cimarex Energy closed at $88.22, down $0.18, or 0.20 percent. Magnum Hunter closed at $6.24, up $0.06, or 0.97 percent. Northern Oil & Gas closed at $25.19, up $0.19, or 0.76 percent. Swift ended Friday at $39.50, down $0.10, or 0.25 percent.
Canaccord maintains a "Buy" rating on all the companies listed above. The price target on them are $95 on XEC, AREX at $24, $6.75 for MHR and $48 for SFY.
Canaccord said, "We still believe there is appreciable upside remaining in our best ideas despite a 25% run in our E&P coverage universe since mid-October. In our view, this upside will become clear over the next three to four months. While most are focused on 2010 year-end updates and 2011 outlooks, we are turning our attention to 2012. Assuming a relatively constant BTU relationship and producers continuing to invest in their highest IRR projects, we believe 2012 serves as an important inflection point for many of our covered companies. We are specifically focused on early-stage transformation stories with increasing leverage to oil and underappreciated growth stories with decreasing 2012 multiples and free cash flowing assets. With that backdrop in mind, the stocks that we believe are best positioned to outperform in 2011 include Approach Resources, Cimarex Energy, Magnum Hunter, Northern Oil & Gas, and Swift Energy."
Approach Resources closed Friday at $20.91, up $0.86, or 4.29 percent. Cimarex Energy closed at $88.22, down $0.18, or 0.20 percent. Magnum Hunter closed at $6.24, up $0.06, or 0.97 percent. Northern Oil & Gas closed at $25.19, up $0.19, or 0.76 percent. Swift ended Friday at $39.50, down $0.10, or 0.25 percent.
Canaccord maintains a "Buy" rating on all the companies listed above. The price target on them are $95 on XEC, AREX at $24, $6.75 for MHR and $48 for SFY.
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