This Occidental Petroleum Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Thursday
Analysts initiated coverage: Neutral COP; Buy TLSA ($7), OXY ($73), NRSN ($8); Sell SM ($35).
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The Middle East conflict is creating an unusual earnings windfall for oil producers far from the battlefield, as Strait of Hormuz disruptions push crude prices higher — and in some cases let producers command outright
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Analysts initiated coverage: Neutral COP; Buy TLSA ($7), OXY ($73), NRSN ($8); Sell SM ($35).
Seaport Global analyst Vin Lovaglio initiates coverage on ConocoPhillips (NYSE:COP) with a Neutral rating.
Trump suggests renaming Strait of Hormuz as Russia reportedly aids Iran’s missile program, while oil producers profit from price gains.
Seaport Global analyst Vin Lovaglio initiates coverage on EOG Resources (NYSE:EOG) with a Neutral rating.
President Donald Trump is set to meet with oil executives Tuesday.
Jim Cramer warns 'unholy developments' and a hawkish Fed will crush rate cut hopes as Brent crude tops $92 after Middle East tanker attacks.