Merrill Upgrades Energy Names

Merrill Lynch upgraded several energy companies, taking them to buy ratings from their old neutral ratings.

Getting upgrades were EOG Resources ( EOG), Frontier Oil ( FTO), XTO Energy ( XTO), Pogo Producing ( PPP) and Newfield Exploration ( NFX).

Also, Merrill, lifted its rating on Lyondell Chemical ( LYO) to buy from neutral.

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