SOURCE: Brighton Markets

May 17, 2012 09:00 ET

2012 Economic Outlook - Report Highlights Cenovus Energy Inc (USA) and Atwood Oceanics, Inc.

HONG KONG--(Marketwire - May 17, 2012) - Today, www.BrightonMarkets.com announced new reports highlighting Cenovus Energy Inc (USA) (NYSE: CVE) and Atwood Oceanics, Inc. (NYSE: ATW). Gain market insight with full analysis and research downloads available at www.BrightonMarkets.com/index.php?coa=CVE&cob=ATW.

Economic fundamentals leading into 2012 have set a generally positive pace with GDP growth likely to pick up through the coming year. However, there are several important caveats to note as the world economy continues to face headwinds and risks weigh to the downside. Positive outlooks are conditional on fiscal policy in payroll taxes and unemployment insurance benefits and upon the easing of the European debt situation. A repeat of volatility experience in 2011 is likely in 2012, as perceptions about the strength of the U.S. economy and the euro zone will vary over time as events unfold.

Despite the current situation, our team continues to identify high momentum situations with growth potential -- there remains strong opportunity within careful discretion.

Brighton Markets is releasing new coverage on Cenovus Energy Inc (USA) for its current position within the basic materials industry. Cenovus Energy Inc. (Cenovus) is an oil company. The Company's operations include oil sands properties and established crude oil and natural gas production in Alberta and Saskatchewan. The full research report on Cenovus Energy Inc (USA) (NYSE: CVE) is available here: www.BrightonMarkets.com/index.php?coa=CVE.

Brighton Markets has released research on Atwood Oceanics, Inc. for its changing role within the basic materials industry. Atwood Oceanics, Inc., along with its subsidiaries, is engaged in the international offshore drilling contractor engaged in the drilling and completion of exploratory and developmental oil and gas wells. The full research report on Atwood Oceanics, Inc. (NYSE: ATW) is available here: www.BrightonMarkets.com/index.php?cob=ATW.

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