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.
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Posted In: Analyst ColorEarningsNewsPrice TargetContractsAnalyst RatingsEnergyOil & Gas DrillingOil & Gas Equipment & ServicesOil & Gas Exploration & ProductionPritchard Capital
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