Dahlman Rose

In a research report published today by Dahlman Rose, Pinnacle Airlines (NASDAQ: PNCL) has filed for Chapter 11 bankruptcy protection. According to Dahlman Rose, “Currently two of the largest regional airlines are operating in Chapter 11, and we believe the read-through to the rest of the...

Dahlman Rose has initiated coverage on Lufkin Industries (NASDAQ: LUFK) with a Buy rating and a $96 price target on booming oil activity and further increases in oil prices. Dahlman Rose says, "We believe there could be upside to EPS from further price increases in artificial lift. The company's...

According to a research report published earlier today, Dahlman Rose has increased U.S. Silica's (NYSE: SLCA) PT from $25 to $27. In the report, Dahlman Rose said, “We recently spoke to the supply chain manager of a fracturing company that operates over two dozen fleets in North America. The...

According to a research report released this morning, Dahlman Rose has initiated U.S. Silica Holdings Inc. (NYSE: SLCA) with a Buy rating and $25 PT. Dahlman Rose explained in the report, “We expect US Silica to grow pro forma operating earnings from roughly $0.80 in 2011 to $2.10 by 2013 based on...

Dahlman Rose cuts its price target $1 to $44 on Rowan Companies (NYSE: RDC) on higher than expected opex guidance. Dahlman Rose says, "We are reducing our 2012 and 2013 EPS estimates to $2.85 (from $3.10) and $4.05 (from $4.10), respectively. Our revisions are due to higher-than-expected opex...

Dahlman Rose raises its rating on Vantage Drilling Company (NYSE: VTG) to Buy as financing overhang is nearly past. Dahlman Rose notes, "Following yesterday's conference call, we feel comfortable the company should likely be able to finance the 2 drillships without additional equity, which should...

According to a research report published today by Dahlman Rose, Georgia Gulf Corp.'s (NYSE: GGC) 4Q11 results were challenged mostly because of seasonal weakness. “…We have noted some pricing improvements in 1Q12 that should only improve as we head into the stronger summer period. The warmer...

In a research report released earlier today by Dahlman Rose, Cliffs Natural Resources (NYSE: CLF) announced that it will be increasing its quarterly dividend to $0.625 from $0.28. According to Dahlman Rose, “We continue to like the outlook for Cliffs Natural Resources. We anticipate that global...

In a research report published today by Dahlman Rose, WPX Energy (NYSE: WPX) is its favorite gas levered name, regardless of costs. Dahlman Rose furthered explained in the report, “WPX provided significantly more detail in its first reporting period (current and historical), and thus we are...

Dahlman Rose reiterates its Buy rating and $22 target price on Seaspan Corporation (NYSE: SSW) on increased dividends and share repurchase announcement. Dahlman Rose says, "In January, Seaspan completed a tender offer for 11.3MM Class A shares at for a total of $169.5MM, and the Board has...

Dahlman Rose lowers its rating on Thompson Creek Metals (NYSE: TC) to Hold from Buy over balance sheet concerns in the near term. Dahlman Rose notes, "We are downgrading our rating on TC shares to Hold from Buy. While we are optimistic on the long-term outlook, as the company diversifies into...

Dahlman Rose cut its target on Buy-rated Consol Energy (NYSE: CNX) to $44, down $1, as the company idles Longwall, hinting at a weakening domestic thermal outlook. Dahlman Rose says, "After the close Tuesday, CNX announced the idling of the Blacksville #2 longwall in WVA. The mine produced 4.3MM...

In a research report published today by Dahlman Rose, Newmont Mining Corporation (NYSE: NEM) is not immune to cost increases, just like its peers. In the report, Dahlman Rose further explained, “2012 gold production is expected to be 5.0-5.2MM ozs and copper production 150-170MM lbs at cash costs...

Dahlman Rose reiterates its Buy rating and $9 target price on Aegean Marine Petroleum Network (NYSE: ANW) on solid Q4 results driven by much stronger realized spread. Dahlman Rose says, "ANW's EBITDA during the quarter of $23.9MM is in line with the highs achieved during the stronger 2007-2008...

Dahlman Rose remains Buy-rated on SM Energy (NYSE: SM) with a $100 target price on production beat and new operational data. Dahlman Rose says, "4Q11 production was a big positive surprise, and while the company lowered FY 2012 production guidance, it appears conservative as the drop is most...