Stifil Morning Report - RRC
Posted: Wed Feb 26, 2014 10:07 am
Energy & Power
Oil & Gas Exploration & Production
NFX (Buy/$32.00 TP; $25.66): In Line 4Q; 2014 Guidance Remains the Same, but a Slowdown in 1Q; Maintain Buy.
RRC (Hold $86.90): 4Q13 In-Line, EURs Trending Higher
XCO (Hold $4.78): Proved/Risked NAV Down; 2014 is Transition Year
Our new profile on NFX is under the Watch List Tab. - Dan
Oil & Gas Exploration & Production
NFX (Buy/$32.00 TP; $25.66): In Line 4Q; 2014 Guidance Remains the Same, but a Slowdown in 1Q; Maintain Buy.
RRC (Hold $86.90): 4Q13 In-Line, EURs Trending Higher
XCO (Hold $4.78): Proved/Risked NAV Down; 2014 is Transition Year
Our new profile on NFX is under the Watch List Tab. - Dan