Stifel's Price Targets as of September 18

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dan_s
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Joined: Fri Apr 23, 2010 8:22 am

Stifel's Price Targets as of September 18

Post by dan_s »

Every few weeks one of my friends at Stifel sends me their detailed report on Upstream Oil & Gas companies.
Here are Stifel's stock price forecasts for the ones they cover that are in our two growth portfolios:

These are Stifel's "Bellwether" picks:
CLR > $28.00
CXO > $83.00
DVN > $33.00
EOG > $87.00
FANG > $106.00
PE > $19.00
PXD > $215.00
XEC > $70.00

These are their favorite Mid-Cap picks:
CPE > $18.50
LPI > $33.00
MTDR > $16.00
PDCE > $20.00
SM > $4.00 < Stifel currently rates it a HOLD
TALO > $18.00 < Once we get passed the hurricane season, TALO may be my Top Pick

Stifel's favorite mineral companies from our High Yield Income Portfolio:
BSM > $13.00
VNOM > $18.00

Stifel has started working on OVV and MNRL, but they haven't set a price target yet.
Dan Steffens
Energy Prospectus Group
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