RE:RE:RE:RE:RE:WTF? Raymond James cuts Canadian oil and gas producer to "market perform" after regulators order co to suspend ops at SeaRose vessel
** Brokerage gave its highest rating in mid-December
** HSE says to suspend ops of its 27,000 bpd floating production, storage and offloading vessel after an iceberg came too close to facility last year
** Prolonged suspension could cut HSE 2018 free cash flow estimate in half -Raymond James
** Brokerage Eight Capital also drops HSE to "sell" from "neutral", says suspension will cause a "credibility overhang" for co
** "We believe there is limited visibility with respect to how long it might take for the company to re-establish the regulator's confidence in the company's safety performance/" - Raymond James