RBC Capital Reiterates Outperform on Obsidian Energy, Maintains C$13 Price Target
Real-time Intelligence: Benzinga Pro offers traders the fastest and most accurate stock market intelligence, helping them make informed decisions daily.
Community Engagement: Over 10,000 serious traders are part of the Benzinga Pro community, benefiting from exclusive stories and alerts generated by Benzinga reporters.
Get Free Real-Time Notifications for Any Stock
Analyst Views on OBE
About OBE
About the author
Jim Cramer Labels Fortinet as the 'Most Vulnerable' Cybersecurity Stock, Preferring These Two Alternatives
Expert Recommendations: Jim Cramer advises against investing in Fortinet, recommending Palo Alto Networks and CrowdStrike instead, while Morgan Stanley downgraded Fortinet's stock. He also suggests buying Dell Technologies over Super Micro Computer due to ongoing accounting issues.
Market Performance: Fortinet shares rose slightly, while Super Micro Computer shares fell. Marvell Technology reported earnings that beat estimates but missed revenue expectations, leading to a 4.2% increase in its stock price.
Back-to-Back Catalysts Line Up for U.S. Oil and Gas Producers as Domestic Output Tightens
U.S. Crude Inventory Decline: U.S. crude inventories have decreased by 3.9 million barrels, despite government efforts to rebuild stockpiles, while domestic energy companies like Prairie Operating Co. are strategically expanding their operations in response to rising AI-driven energy demands.
Industry Developments: Companies such as Ring Energy and Amplify Energy are making strategic moves to enhance operational efficiency and reduce debt, while Matador Resources has expanded its gas processing capacity, indicating a trend of growth and adaptation within the energy sector.
