Tudor Pickering Upgraded OXY, HES, CXO STO, Downgraded GDP

Tudor Pickering's Robert Kessler revised ratings on a number of stocks in the Oil & Gas Operations sector earlier:

• upgraded Occidental Petroleum from Accumulate to Buy
  
• upgraded Hess Corp. (NYSE: HES) from Accumulate to Buy
  
• upgraded Concho Resources (NYSE: CXO) from Hold to Buy
  
• upgraded Statoil (NYSE: STO) from Hold to Accumulate
  
• downgraded Goodrich Petroleum (NYSE: GDP) from Accumulate to Hold

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