- Rosetta Resources (ROSE +0.6%) is benefiting slightly from an upgrade from KLR Group, which raises its rating to Accumulate from Hold and announces a $59 price target after shares have sold off ~7% since Aug. 11.
- ROSE has significant upside potential in the Eagle Ford and Delaware Basin sites, the firm says, seeing the two locations driving 30% growth in 2015.
- An Upper Eagle Ford pilot test has been successful, exhibiting similar performance as Lower Eagle Ford, according to KLR; in the Delaware Basin, only 4-5 rigs are currently in place while ROSE plans to add 20 more in 2014.
From other sites
at CNBC.com (Dec 10, 2014)
at CNBC.com (Aug 5, 2013)
at CNBC.com (May 9, 2011)
at CNBC.com (Jan 21, 2011)
at CNBC.com (Aug 23, 2010)
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