Pritchard Capital's Morning Intelligence (BAS, CRZO, HAL, HNR, NOV, PDC, PTEN, RES, SPN)

Pritchard Capital is out with its morning intelligence report. In the report Pritchard Capital covers, Basic Energy Services, Inc BAS, Carrizo Oil & Gas, Inc. CRZO, Halliburton Company HAL, Harvest Natural Resources, Inc. HNR, National-Oilwell Varco, Inc. NOV, Pioneer Drilling Company PDC, Patterson-UTI Energy, Inc. PTEN, RPC, Inc. RES, and Superior Energy Services, Inc. SPN. In the report Pritchard Capital is initiating Harvest Natural Resources with a BUY rating and price target/NAV of $12/share. Pritchard is raising its 2011 earnings estimates and price target to $33 on Superior Energy Services. Pritchard Capital is revising its estimates higher on Carrizo Oil & Gas due to higher than expected price realizations. It's changing its EPS estimates for 2010 and 2011 to $1.33 and $2.53, from $1.17 and $2.44. Pritchard Capital says the August operating data for Basic Energy Services was a positive surprise.