Morning Oil Industry Update (FLR, APC, RRC, ENOC, FTI)

Analysts at Pritchard Capital released a morning update on the oil industry this morning. Highlights can be found below. Fluor FLR - Reiterate BUY rating and top pick status following strong quarter. EPS of $0.87 vs. Street estimates of $0.71. Range Resources RRC - Missed earnings estimates on higher non-cash G&A expenses. EPS was $0.09 compared to estimates of $0.11. Anadarko Petroleum APC - Owo Discovery Expands Tweneboa/Owo Potential - Price Target raised to $73. EnerNOC ENOC - Rating lowered to Neutral from Buy FMC Technologies FTI - Outlook unchanged; reiterate BUY, $80 price target