Delta, United are initiated at Goldman with a 'sell,' and Tyson Foods is downgraded to 'underperform' at BofA/Merrill.
Ensco has continued to pursue its strategy even through a prolonged downturn in the industry.
Because of investor pessimism they are cheap, but they boast high dividend yields and returns on equity.
The master limited partnership has a far more favorable future.
Sure, it's cheap, but it also has far too many serious problems.
Concho Resources has been pounded in the last few months on worries about Europe and China.
Unlike some of the other majors, the company sees a big boost in first-quarter production.
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