poniedziałek, 29 marca 2010

PTEN and SWN


Southwestern Energy Co. (SWN) jumped 5.5% to $39.79. Goldman Sachs placed the independent natural gas producer on its Americas buy list and its Americas conviction buy list.
Analysts removed Patterson-UTI Energy Inc. (PTEN) from their Americas sell list and upgraded the stock to neutral. Shares rose 4.4% to $14.13.
"We believe natural gas prices are near bottom," Singer said in a note to clients.
Goldman Sachs remains positive on oil prices. The brokerage sees natural gas prices rising to $6 per thousand British thermal units by the fourth quarter of this year, above the current futures price of about $5.
source: Among stocks in the spotlight,

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