Independent Oil & Gas
(SNP) China Petroleum & Chemical Corp. – Momentum – Zacks Rank Buy
China Petroleum & Chemical Corp.’s (SNP) share price is on the rise as crude trends higher and breaks the $60 mark.
Company Description
China Petroleum & Chemical Corp., through its subsidiaries,...
(BRY) Berry Petroleum Company – Value – Zacks Rank Buy
Berry Petroleum Company (BRY), the oil explorer, has seen its share price hammered as crude has sold off yet the company increased production 18% in 2008. The company has also hedged 90% of its oil production in 2009 to guard against losses. Berry Petroleum...
(PVA) – Penn Virginia – Consensus Estimates Rise for Third Quarter and the Full Year
Despite falling energy prices, estimates on oil explorer Penn Virginia continue to trend higher. The company beat Wall Street estimates by 28.21% in the second quarter while reporting record production. The company trades with a forward P/E of 13.16.
Company...
(EAC) – Encore Acquisition – surprised on estimates 4 consecutive quarters by an average of 16.44%
Encore Acquisition saw revenues soar 96% in the second quarter on the back of record crude prices. But even as crude prices have retreated, the company isn’t a one quarter wonder. It has surprised on estimates 4 consecutive quarters by an average of 16.44%. Encore’s...