Credit Suisse is out with its Global Oil Daily research report this morning, focusing on American companies Niska Gas Storage NKA, Encana ECA, and Chevron CVX.
In the report, Credit Suisse maintained its Niska Gas Storage Outperform rating and $21 price target and left its Encana price target unchanged at $35.
In terms of Chevron, Credit Suisse highlights news stories of Chevron's gas discovery in offshore Western Australia, Chevron's expectations for the U.S. government to begin issuing permits for Gulf of Mexico deepwater drilling, and Chevron's acquisition of about 200,000 acres of land in the Duvernay shale gas formation in Alberta, Canada.
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