A new Merrill Lynch research report from Doug Leggate and his outstanding research team makes the case with companies ready to start reporting fourth-quarter numbers, the 2017 guidance may be more important than actual earnings in the final three months of 2016. The report also cites operational flexibility and oil service price inflation as the other key metrics that will be closely watched.
Two of our Sweet 16 are in his Top Five picks.
Read: http://finance.yahoo.com/news/5-merrill ... 40844.html < Compare their price targets to my valuations in the EPG newsletter
Top Picks
Re: Top Picks
Stifel's Top Five Picks: http://247wallst.com/energy-business/20 ... -for-2017/
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group
Re: Top Picks
Coverage initiated on Range Resources by R. F. Lafferty with a BUY rating.
EOG Resources (EOG) has been upgraded to a “BUY” by KLR Group. KLR has set a price target of $125 on EOG.
EOG Resources (EOG) has been upgraded to a “BUY” by KLR Group. KLR has set a price target of $125 on EOG.
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group