Northeast and Mid-Atlantic Banks Report

January 09, 2012

Buy ($175)

Topics covered: Pockets of Growth in Northeastern Banking, Macroeconomic Fears Depress Financials' Valuations, Improving Credit Quality and Strong Fundamentals, Delayed Consolidation Activity

Companies covered: Exxon Mobil Corporation (NYSE:XOM), Occidental Petroleum Corporation (NYSE:OXY), Murphy Oil Corporation (NYSE:MUR), Marathon Oil Corporation (NYSE:MRO), InterOil Corporation (NYSE:IOC), Hess Corporation (NYSE:HES), Enterprise Products Partners L.P. (NYSE:EPD), Enbridge Inc (NYSE:ENB), Chevron Corporation (NYSE:CVX), ConocoPhillips (NYSE:COP), BP p.l.c. (NYSE:BP), BHP Billiton Limited (NYSE:BHP), Atlas Energy, L.P. (NYSE:ATLS), Anadarko Petroleum Corporation (NYSE:APC), Apache Corporation (NASDAQ:APA), Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR), SINOPEC Shangai Petrochemical Company, Ltd. (NYSE:SHI), EXCO Resources NL (NYSE:XCO), Southwestern Energy Company (NYSE:SWN), Statoil ASA (NYSE:STO), Sandridge Energy Inc. (NYSE:SD), Gulfport Energy Corporation (NASDAQ:GPOR), EV Energy Partners, L.P. (NASDAQ:EVEP), EQT Corporation (NYSE:EQT), EOG Resources, Inc. (NYSE:EOG), Comstock Resources, Inc. (NYSE:CRK), Cabot Oil & Gas Corporation (NYSE:COG), Continental Resources, Inc. (NYSE:CLR), Chesapeake Energy Corporation (NYSE:CHK), Carrizo Oil & Gas, Inc. (NASDAQ:CRZO), FieldPoint Petroleum Corporation (AMEX:FPP), S&T Bancorp, Inc. (NASDAQ:STBA), CMS Bancorp, Inc. (NASDAQ:CMSB)