Phillip Jungwirth

Since its IPO in January, shares of Flowco Holdings Inc (NYSE:FLOC) are trading lower by almost 3%. Here are some key analyst takeaways from their respective initiation notes. JPMorgan On Flowco Analyst Arun Jayaram initiated coverage with an Overweight rating and price target of $32. Flowco is a "...

Diamondback Energy Inc (NASDAQ:FANG) shares were climbing in early trading on Friday, during a rise in energy stocks with growing Middle East tensions. Following the Endeavor acquisition, Diamondback and ExxonMobil Corp (NYSE:XOM) are now the dominant players in the Midland Basin, according to BMO...

Shares of Permian Resources Corp (NYSE:PR) were climbing in early trading on Wednesday. The company's increased Delaware footprint and strong M&A track record should support continued organic and inorganic growth, according to BMO Capital Markets. The Permian Resources Analyst: Phillip...

EQT Corporation (NYSE: EQT), a Pittsburgh-based natural gas company, is poised to generate significant free cash flows (FCF) next year with a high-end FCF yield at 30%. The BMO Capital Analyst: Phillip Jungwirth upgraded the rating from Market Perform to Outperform and raised...

Crude oil prices recently hit six-year highs, and one analyst took the opportunity on Monday to initiate coverage of the two largest U.S. oil majors. The Analyst: BMO Capital Markets analyst Phillip Jungwirth has initiated coverage of Chevron Corporation (NYSE: CVX) with an Outperform rating and $...

Murphy Oil Corporation (NYSE: MUR) joined the recent relief rally in exploration & production stocks, surging around 50% this month, despite earnings being lower through 2021, according to BMO Capital Markets. The Murphy Oil Analyst BMO’s Phillip Jungwirth downgraded Murphy Oil's...

A rise in natural gas liquids prices has boosted Antero Resources Corp (NYSE: AR) stock by more than 17 percent since early September, but one Wall Street analyst now says the Antero rally has run out of steam. The Analyst BMO Capital Markets analyst Phillip Jungwirth downgraded Antero from...

Anadarko Petroleum Corporation (NYSE: APC) announced Thursday detailed 2018 guidance and revised outlook to 2020. The company expects to make capital investments in the range of $.2 billion to $4.6 billion in 2018, with 80 percent of its allocated toward the Delaware and DJ basins, including...

BMO has raised its cash flow and earnings per share estimates for Devon Energy Corp (NYSE: DVN) saying that the use of Midland Basin sale proceeds for capital expenditure and increased guidance for core production should be accretive to earnings. The brokerage has increased its 2016 estimates for...

BMO Capital Markets believes that Q3 earnings will further illustrate the defensive shift in E&P strategy. The firm predicts 2016 capex plans will show production growth is no longer a top concern for E&Ps. BMO recommends investing in “defensive quality” stocks in anticipation...

In separate reports published Wednesday, BMO Capital Markets analysts offered investors a pair trade in the Energy sector by upgrading shares of Lundin Petroleum AB (OTC: LNDNF) to Outperform while downgrading shares of Bonanza Creek Energy Inc (NYSE: BCEI) to Market Perform. Lundin Petroleum...