We have identified a list of several trending energy stocks that appear have recently received buy ratings from top Wall Street analysts and are showing positive investor sentiment, as well as news headlines. With that said, our editors here at energystockmovers.com, are adding these energy companies to our watchlist to see if this momentum continues. Our watchlist includes trending energy stocks within the entire energy sector including green energy, renewable energy, fossil fuels, crude oil, oil and natural gas, gas pipelines and exploration and production.
Summary: Occidental Petroleum Corporation is an integrated oil and gas company, with significant exploration and production exposure. The company is also a producer of a variety of basic chemicals, petrochemicals, polymers and specialty chemicals. The company conducts its operations through three segments: Oil and Gas, Chemical, and Midstream and Marketing. Oil and Gas segment explores, develops, produces and markets crude oil, natural gas liquids, condensate and natural gas. The company has operations in the U.S. as well as international locations. Chemical segment works under the company's wholly-owned subsidiary, Occidental Chemical Corporation. It manufactures and markets polyvinyl chloride resins, chlorine and caustic soda. Midstream and Marketing segment encompasses operations that gather, treat, process, transport, store, trade and market crude oil, natural gas, NGL, condensates and carbon dioxide. It also offers these services to third parties.
- Recent OXY Stock Price: $60.27
- OXY Yearly Gain: 26.10%
- OXY Market Cap: $54.27B
- OXY P/E Ratio: 4.825
Will OXY's stock price go up? Is there an accurate OXY stock forecast available?
TipRanks.com reports that Occidental Petroleum stock currently has 14 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $73.85. The target pricing ranges from a high OXY forecast of $84.00 down to a low forecast of $60.00. Occidental Petroleum (OXY)’s last closing stock price was $60.27 which would put the average price target at 22.53% upside.
In addition, TradingView issued a Sell rating for OXY over the next month, Barchart.com has a Strong sell rating and Yahoo! Finance has a Bearish short-term outlook. Remember, securities are volatile, so please do your own research on OXY stock.
Other analysts covering OXY stock include:
- Neal Dingmann of Truist Financial issued a Buy rating with the price target of $ 84 on 1 day ago
- Roger Read of Wells Fargo issued a Buy rating with the price target of $ 63 on 1 day ago
- Josh Silverstein of Wolfe Research issued a Buy rating with the price target of $ 83 on 1 day ago
- Nitin Kumar CFA of Mizuho Securities issued a Buy rating with the price target of $ 82 on 3 days ago
If you are wondering if OXY is a good stock to buy, here are 3rd party ratings for OXY stock:
- TipRanks.com: Moderate Buy
- TradingView.com: Sell
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Hold, Bottom 34% (166 out of 250)
What is the sentiment on the street regarding Occidental Petroleum stock? (Current ratings for OXY stock compiled by TipRanks.com)
- OXY News Sentiment: Bearish
- OXY Blogger Consensus: Bullish
- OXY Media Buzz: High
- OXY Insider Signal: n/a
- OXY Investor Sentiment: Very Positive
- OXY Hedge Fund signal: Negative
The stock market is extremely volatile, and you need to do your own research on OXY including even scouring the social networks like OXY StockTwits, OXY Reddit, OXY Twitter before you decide to make any investment.
Click here for OXY stock chart >>
Summary: Permian Resources Corporation is an independent oil and natural gas company focused on the responsible acquisition, optimization and development of high-return oil and natural gas properties. Permian Resources Corporation, formerly known as Centennial Resource Development Inc., is based in MIDLAND, Texas.
- Recent PR Stock Price: $11.91
- PR Yearly Gain: 30.14%
- PR Market Cap: $6.21B
- PR P/E Ratio: 6.917
Will PR's stock price go up? Is there an accurate PR stock forecast available?
TipRanks.com reports that Permian Resources stock currently has 10 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $13.50. The target pricing ranges from a high PR forecast of $16.00 down to a low forecast of $12.00. Permian Resources (PR)’s last closing stock price was $11.91 which would put the average price target at 13.35% upside.
In addition, TradingView issued a Strong Buy rating for PR over the next month, Barchart.com has a Strong buy rating and Yahoo! Finance has a Bearish short-term outlook. Remember, securities are volatile, so please do your own research on PR stock.
Other analysts covering PR stock include:
- Paul Diamond CFA of Citigroup issued a Buy rating with the price target of $ 13 on 2 days ago
- Biju Perincheril of Susquehanna issued a Hold rating with the price target of $ 12 on 4 days ago
- Neal Dingmann of Truist Financial issued a Buy rating with the price target of $ 16 on 6 days ago
- Zach Parham of J.P. Morgan issued a Buy rating with the price target of $ 13 on 6 days ago
If you are wondering if PR is a good stock to buy, here are 3rd party ratings for PR stock:
- TipRanks.com: Strong Buy
- TradingView.com: Strong Buy
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong buy
- Zacks.com: Hold, Bottom 4% (239 out of 250)
What is the sentiment on the street regarding Permian Resources stock? (Current ratings for PR stock compiled by TipRanks.com)
- PR News Sentiment: Neutral
- PR Blogger Consensus: Bullish
- PR Media Buzz: Low
- PR Insider Signal: n/a
- PR Investor Sentiment: Very Negative
- PR Hedge Fund signal: Positive
The stock market is extremely volatile, and you need to do your own research on PR including even scouring the social networks like PR StockTwits, PR Reddit, PR Twitter before you decide to make any investment.
Click here for PR stock chart >>
One resource you need to consider using Tipranks.com where as a premium member you get access to all buy ratings, price targets and insider trading signals. TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>
The Editor, EnergyStockMovers.com
EnergyStockMovers.com keeps investors informed of trending energy stocks within the entire energy sector including green energy, renewable energy, fossil fuels, oil and natural gas, crude oil, gas pipelines and exploration and production. We provide investors with timely information regarding top moving stocks in the energy sector sourced from our proprietary stocks screens, energy stock earnings reports, energy stock dividend yields, partner stock analysts and breaking news that identify and monitor stocks that are on the move. The stock prices or share prices are not real time and are delayed at least 15 minutes. Join thousands of investors who already signed up for our free subscription to EnergyStockMovers.com
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