Ole Slorer

In a report published Monday, Morgan Stanley analyst Ole Slorer reiterated an Overweight rating on Seadrill Ltd (NYSE: SDRL), but lowered the price target from $48.00 to $39.00. In the report, Morgan Stanley noted, “Dividend concerns have re-surfaced against the backdrop of sub-$100/bbl Brent,...

In a report published Tuesday, Morgan Stanley analyst Ole Slorer initiated coverage on Independence Contract Drilling (NYSE: ICD) with an Overweight rating and $16.00 price target. In the report, Morgan Stanley noted, “ICD is currently trading at an EV/rig of $29m, well below HP at $34m. Strong...

In a report published Tuesday, Morgan Stanley analyst Ole Slorer initiated coverage on Transocean Partners LLC (NYSE: RIGP) with an Overweight rating and $31.00 price target. In the report, Morgan Stanley noted, “Initiating coverage of RIGP at Overweight with a price target of $31, representing a...

In a report published Thursday, Morgan Stanley analyst Ole Slorer initiated coverage on Seventy Seven Energy (NYSE: SSE) with an Equal-Weight rating and $29.00 price target. In the report, Morgan Stanley noted, “Following spin-off from CHK, SSE is trading at a ~15% discount to our $29 SOTP estimate...

In a report published Monday, Morgan Stanley analyst Ole Slorer initiated coverage on Nordic American Offshore Ltd. (NYSE: NAO) with an Overweight rating and $22.00 price target. In the report, Morgan Stanley noted, “NAO owns a fast-growing fleet of high-spec North Sea-capable platform supply...

Following a downgrade at Morgan Stanley from Overweight to Underweight and $9 reduction in price target from $59 to $50, shares of Tidewater (NYSE: TDW) have fallen about one percent in Monday's pre-market. Morgan Stanley analyst Ole Slorer assumed coverage of Tidewater in Monday's note...

In a report published Monday, Morgan Stanley analyst Ole Slorer showed increased conviction in Schlumberger Limited (NYSE: SLB) and Nabors Industries (NYSE: NBR). Morgan Stanley Optimistic on Schlumberger Following Analyst Day Slorer estimates a 15 percent EPS CAGR on Schlumberger ahead of...

In a report published Thursday, Morgan Stanley analyst Ole Slorer reiterated an Overweight rating on Schlumberger Limited (NYSE: SLB), and raised the price target from $115.00 to $168.00. In the report, Morgan Stanley noted, “LB's EPS CAGR guidance of 17-20% through 2017 (vs. MS of 15%) came in on...

In a report issued Thursday, Morgan Stanley upgraded its rating of Diamond Offshore Drilling (NYSE: DO) from Under-weight to Equal-weight with a target price of $57. Analyst Ole Slorer sees that a revision to negative earnings coupled with what he sees as significant upside optionality should have...

In a report published Tuesday, Morgan Stanley analyst Ole Slorer reiterated an Equal-Weight rating on North Atlantic Drilling Ltd. (NYSE: NADL), and raised the price target from $9.90 to $10.80. In the report, Morgan Stanley noted, “NADL / SDRL ink a massive partnership agreement with Rosneft (...

In a report published Tuesday, Morgan Stanley analyst Ole Slorer reiterated an Equal-Weight rating on ENSCO PLC (NYSE: ESV), but removed the $59.00 price target. In the report, Morgan Stanley noted, “ESV reported operating EPS of $1.23 vs. Street/MSe at $1.21. EBITDA at $521mm compared to Street/...

In a report published Monday, Morgan Stanley analyst Ole Slorer reiterated an Underweight rating and $63.00 price target on Halliburton Company (NYSE: HAL). In the report, Morgan Stanley noted, “While we acknowledge operational capabilities of HAL's management team and HAL's structural NAm...

In a report published Thursday, Morgan Stanley analyst Ole Slorer reiterated an Equal-Weight rating on Noble (NYSE: NE), but removed the $36.00 price target. In the report, Morgan Stanley noted, “NE's improving grip on Opex is evident (Ex.3), with its latest beat largely attributable to...

In a report published Tuesday, Morgan Stanley analyst Ole Slorer reiterated an Underweight rating on McDermott International (NYSE: MDR), and lowered the price target from $6.30 to $6.00. In the report, Morgan Stanley noted, “MDR announced that it is offering 10MM tangible equity units, each with...

In a report published Wednesday, Morgan Stanley analyst Ole Slorer reiterated an Equal-Weight rating on Pacific Drilling SA (NYSE: PACD), but removed the $13.50 price target. In the report, Morgan Stanley noted, “Pacific Bora has received a conditional LOI for a 2 year extension with Chevron in...