Canaccord Genuity Reiterates a 'Buy' on SM Energy (SM); Still A Favorite Name

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Canaccord Genuity Favorites in Energy (APC, EOG, COG, SM, CRK & SN)

August 29, 2012 9:43 AM EDT

Canaccord Genuity Favorites in Energy by John Gerdes

Anadarko Petroleum (NYSE: APC): Upside to our target price includes deepwater Gulf of Mexico exploration/appraisal success and Mozambique. Preliminary analysis suggests a 10-train Mozambique LNG development (37%WI) would add $10-15/share to our target price.

EOG Resources (NYSE: EOG): The Eagle Ford comprises about one-third of... More