Q1 Results

[dan_s]

From Stifel morning report:

Energy & Power

Oil & Gas Exploration & Production:
SM (Buy/$79.74; TP:$95.00) : 1Q14 Beats, New Wells Encouraging
VNR (Buy/$31.06; TP:$33.00) : 1Q14 Miss On Weak Production; Reiterate Buy, Positive Long-Term Outlook Intact
NFX (Buy/$32.24; TP:$37.00) : CF Beat; 2014 Anadarko Basin Results Should Continue to Drive Stock Higher
Utilities & Energy Infrastructure:
LG (Buy/$46.62; TP:$50.00) : 2Q14: LG Benefits from MGE and Cold Weather

I will be updating each Sweet 16 company forecast model soon after Q1 results come out. - Dan

[jb2257]

After reporting excellent earnings SM is getting beat up. I don't understand other than the price of oil coming down.