Stifel likes EOG, AXAS and EMES

[dan_s]

Energy & Power

Oil & Gas Exploration & Production

EOG (Buy/$99.25; TP:$120.00) : Production/CF Beats Again; Announces New Resource Plays
APC (Buy/$99.49; TP:$110.00) : Solid CF Beat on Oil Volumes; Increasing Target Price
AXAS (Buy/$5.42; TP:$6.00) : More Eyes on Jourdanton
Oilfield Services & Equipment

DRC (Hold/$61.37) : 1Q14 EPS beats, project awards to be expected in the back half. Maintain Hold.
Utilities & Energy Infrastructure

EMES (Buy/$78.83; TP:$85.00) : EMES: Demand Remains Strong, Prices Moving Higher