Pritchard Capital Initiates Coverage on Atlas Energy (ATLS) with a Buy; Best Way to Play Marcellus Shale
ATLS Hot Sheet
Rating Summary:0 Buy, 5 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 16 | Down: 7 | New: 23
Pritchard Capital initiates coverage on Atlas Energy, Inc (NYSE: ATLS) with a Buy.
Pritchard analyst says, "ATLS's substantial presence in the Marcellus Shale combined with its unparalleled hedged position and recent transition to a C corporation from a MLP supports our view that ATLS is one of the best ways to play the Marcellus Shale. ATLS Rapid production growth in 2010 (34% expected) and 3.8 Tcf of risked probable reserves give us confidence in this Marcellus shale leveraged name."
To see more analyst ratings on ATLS Click Here.
Atlas Energy, Inc. operates as an independent natural gas and oil producer principally in Pennsylvania, Michigan, and Tennessee.
Pritchard analyst says, "ATLS's substantial presence in the Marcellus Shale combined with its unparalleled hedged position and recent transition to a C corporation from a MLP supports our view that ATLS is one of the best ways to play the Marcellus Shale. ATLS Rapid production growth in 2010 (34% expected) and 3.8 Tcf of risked probable reserves give us confidence in this Marcellus shale leveraged name."
To see more analyst ratings on ATLS Click Here.
Atlas Energy, Inc. operates as an independent natural gas and oil producer principally in Pennsylvania, Michigan, and Tennessee.
You May Also Be Interested In
- UPDATE: Capstone Starts Facebook (FB) at Hold as Premium Multiple Not Justified
- Goldman Sachs Cuts Numbers on Tiffany & Co. (TIF) after Weak Q1, Guidance
- Atlas Resource Partners, L.P. to Present at the NAPTP MLP Investor Conference
Create E-mail Alert Related Categories
New CoverageSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
