Societe Generale Upgrades North American E&P from Underweight to Overweight

October 5, 2011 9:18 AM EDT
Get Alerts APC Hot Sheet
Price: $18.52 -1.28%

Rating Summary:
    21 Buy, 22 Hold, 0 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 8 | Down: 5 | New: 26
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Societe Generale: North American E&P’s have gone through an “unprecedented, fear-based” decline amid the concerning macro environment, offering a chance to buy. Upgrades sector from Underweight to Overweight.

SocGen raises Anadarko (NYSE: APC) from Sell to Hold.

SocGen also raises Talisman (NYSE: TLM), Murphy Oil (NYSE: MUR), Marathon (NYSE: MRO), and Devon Energy (NYSE: DVN) from Hold to Buy.


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