KeyBanc Capital Markets Initiated Coverage on Basket of Material and Energy Stocks

Analyst firm KeyBanc Capital Markets initiated a slew of energy, materials and energy service provider stocks Tuesday before the market. The move comes after Earnings season has been completed and US oil prices are trading at lows from January, before the Russian invasion of Ukraine. KeyBanc Capital Markets Coverage Initiated Black Stone Minerals (BSM) initiated with an Overweight at KeyBanc Capital Markets; tgt $22 Brigham Minerals (MNRL) initiated with a Sector Weight at KeyBanc Capital Markets Callon Petroleum (CPE) initiated … Continue reading “KeyBanc Capital Markets Initiated Coverage on Basket of Material and Energy Stocks”

Diamondback’s Viper Energy Higher Production Offset by Lower Oil Prices

Viper Energy Partners LP, a subsidiary of Diamondback energy reported fourth quarter earnings after the market close Tuesday. Last quarter $VNOM surpassed $1 billion in aquistions since it’s IPO four years ago.Q4 saw higher production, offset by lower average sales prices.

Viper Energy Misses Earnings But Raises Oil Production Guidance

Viper Energy Partners LP, a subsidiary of Diamondback energy reported weaker than expected third quarter earnings after the market close Monday. $VNOM surpassed $1 billion in aquistions since it’s IPO four years ago. The company raised production guidance.