Energy - Oil & Gas Exploration & Production: Second
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Energy - Oil & Gas Exploration & Production: Second

SECOND TEAM William Featherston  UBS


William Featherston advances one level to second place. The UBS analyst’s “breadth of coverage is important — it gives him an advantage to identify change both within companies and within the industry,” observes one fund manager. One winning pick has been Anadarko Petroleum Corp., which Featherston reiterated as a buy in June 2010, at $41.83, noting that the stock had been lagging the large-cap exploration and production group ever since the Deepwater Horizon rig explosion earlier in the year. (Anadarko and London’s BP had a joint operating agreement for deepwater drilling in the Gulf of Mexico.) Shares of the Woodlands, Texas–based company gushed 76.3 percent, to $73.75, shooting past the Philadelphia Stock Exchange exploration and production index by 55.5 percentage points, through August.


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