April 24, 2022 (Earnings Report) Dear Reader, We just identified several energy stocks that are expected to release earnings this week. If you are interested in any of these companies, we encourage you to do your own research and due diligence before pursuing any investments. Keep in mind, the actual earnings date and time may change, so if you’re interested in any of these companies you will need to pay close attention to their announcements.
Matador Resources
Symbol: MTDR
Recent Price: $$52.29
Average Analyst Price Target: $68.88 (31.73%)
Market Cap: $$6.17B
Last Year's EPS: $0.71
Consensus EPS Forecast: $2.04
Expected Earnings Date: Apr 25 2022
Recent Analyst Action: Neal Dingmann, analyst at Truist Financial, reiterates coverage on Matador Resources (MTDR) in the Utilities sector with a Buy rating and a price target of $ 85 (4 days ago).
TipRanks.com also reports that Matador Resources currently has 8 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $68.88 . The target pricing ranges from a high forecast of $85.00 down to a low forecast of $56.00. Matador Resources (MTDR)’s last closing price was $$52.29 which would put the average price target at 31.73% upside.Here are 3rd party ratings for MTDR:
- TipRanks.com: Strong Buy
- TradingView.com: Sell
- Yahoo! Finance: Neutral Short-Term Outlook
- Barchart.com: Strong buy
- Zacks.com: Strong Buy, Top 2% (4 out of 253)
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Range Resources
Symbol: RRC
Recent Price: $$30.35
Average Analyst Price Target: $36.15 (19.11%)
Market Cap: $$7.98B
Last Year's EPS: $0.3
Consensus EPS Forecast: $1.18
Expected Earnings Date: Apr 25 2022
Recent Analyst Action: Devin McDermott, analyst at Morgan Stanley, reiterates coverage on Range Resources (RRC) in the Utilities sector with a Sell rating and a price target of $ 32 (3 days ago).
TipRanks.com also reports that Range Resources currently has 13 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $36.15 . The target pricing ranges from a high forecast of $49.00 down to a low forecast of $24.00. Range Resources (RRC)’s last closing price was $$30.35 which would put the average price target at 19.11% upside.Here are 3rd party ratings for RRC:
- TipRanks.com: Moderate Buy
- TradingView.com: Neutral
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong buy
- Zacks.com: Buy, Top 2% (4 out of 253)
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Valero Energy
Symbol: VLO
Recent Price: $$103.05
Average Analyst Price Target: $107.75 (4.56%)
Market Cap: $$42.19B
Last Year's EPS: -$1.73
Consensus EPS Forecast: $1.69
Expected Earnings Date: Apr 25 2022
Recent Analyst Action: Roger Read, analyst at Wells Fargo, reiterates coverage on Valero Energy (VLO) in the Utilities sector with a Buy rating and a price target of $ 122 (4 days ago).
TipRanks.com also reports that Valero Energy currently has 12 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $107.75 . The target pricing ranges from a high forecast of $125.00 down to a low forecast of $90.00. Valero Energy (VLO)’s last closing price was $$103.05 which would put the average price target at 4.56% upside.Here are 3rd party ratings for VLO:
- TipRanks.com: Strong Buy
- TradingView.com: Buy
- Yahoo! Finance: Neutral Short-Term Outlook
- Barchart.com: Strong buy
- Zacks.com: Buy, Top 12% (30 out of 253)
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American Water
Symbol: AWK
Recent Price: $$164.20
Average Analyst Price Target: $165.86 (1.01%)
Market Cap: $$29.84B
Last Year's EPS: $0.73
Consensus EPS Forecast: $0.77
Expected Earnings Date: Apr 26 2022
Recent Analyst Action: Shelby Tucker, analyst at RBC Capital, reiterates coverage on American Water (AWK) in the Utilities sector with a Buy rating and a price target of $ 186 (5 days ago).
TipRanks.com also reports that American Water currently has 7 analysts offering 12-month price targets and the consensus is a Hold rating with an average price target is $165.86 . The target pricing ranges from a high forecast of $186.00 down to a low forecast of $152.00. American Water (AWK)’s last closing price was $$164.20 which would put the average price target at 1.01% upside.Here are 3rd party ratings for AWK:
- TipRanks.com: Hold
- TradingView.com: Sell
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: sell
- Zacks.com: Hold, Bottom 17% (209 out of 253)
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Antero Resources
Symbol: AR
Recent Price: $$32.86
Average Analyst Price Target: $43.00 (30.86%)
Market Cap: $$10.34B
Last Year's EPS: $0.62
Consensus EPS Forecast: $1.16
Expected Earnings Date: Apr 26 2022
Recent Analyst Action: Devin McDermott, analyst at Morgan Stanley, reiterates coverage on Antero Resources (AR) in the Utilities sector with a Hold rating and a price target of $ 39 (3 days ago).
TipRanks.com also reports that Antero Resources currently has 7 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $43.00 . The target pricing ranges from a high forecast of $56.00 down to a low forecast of $38.00. Antero Resources (AR)’s last closing price was $$32.86 which would put the average price target at 30.86% upside.Here are 3rd party ratings for AR:
- TipRanks.com: Moderate Buy
- TradingView.com: Buy
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong buy
- Zacks.com: Strong Buy, Top 2% (4 out of 253)
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ATCO
Symbol: ACLTF
Recent Price: $$35.61
Average Analyst Price Target: $38.08 (6.94%)
Market Cap: $$4.07B
Last Year's EPS: $0.81
Consensus EPS Forecast: $0.84
Expected Earnings Date: Apr 26 2022
Recent Analyst Action: Benjamin Pham, analyst at BMO Capital, reiterates coverage on ATCO (ACLTF) in the Utilities sector with a Buy rating and a price target of $ 38.08 (2 months ago).
TipRanks.com also reports that ATCO currently has 1 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $38.08 . The target pricing ranges from a high forecast of $38.08 down to a low forecast of $38.08. ATCO (ACLTF)’s last closing price was $$35.61 which would put the average price target at 6.94% upside.Here are 3rd party ratings for ACLTF:
- TipRanks.com: Moderate Buy
- TradingView.com: n/a
- Yahoo! Finance: Neutral Short-Term Outlook
- Barchart.com: n/a
- Zacks.com: n/a, n/a
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Cenovus Energy
Symbol: CVE
Recent Price: $$17.26
Average Analyst Price Target: $21.20 (23.00%)
Market Cap: $$34.44B
Last Year's EPS: $0.08
Consensus EPS Forecast: $0.46
Expected Earnings Date: Apr 26 2022
Recent Analyst Action: Devin McDermott, analyst at Morgan Stanley, reiterates coverage on Cenovus Energy (CVE) in the Utilities sector with a Buy rating and a price target of $ 21.23 (3 days ago).
TipRanks.com also reports that Cenovus Energy currently has 11 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $21.20 . The target pricing ranges from a high forecast of $27.48 down to a low forecast of $16.49. Cenovus Energy (CVE)’s last closing price was $$17.26 which would put the average price target at 23.00% upside.Here are 3rd party ratings for CVE:
- TipRanks.com: Strong Buy
- TradingView.com: Buy
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong buy
- Zacks.com: Strong Buy, Top 2% (5 out of 253)
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Entergy
Symbol: ETR
Recent Price: $$123.34
Average Analyst Price Target: $126.67 (2.70%)
Market Cap: $$25.10B
Last Year's EPS: $1.47
Consensus EPS Forecast: $1.37
Expected Earnings Date: Apr 26 2022
Recent Analyst Action: Shelby Tucker, analyst at RBC Capital, reiterates coverage on Entergy (ETR) in the Utilities sector with a Buy rating and a price target of $ 128 (5 days ago).
TipRanks.com also reports that Entergy currently has 6 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $126.67 . The target pricing ranges from a high forecast of $145.00 down to a low forecast of $115.00. Entergy (ETR)’s last closing price was $$123.34 which would put the average price target at 2.70% upside.Here are 3rd party ratings for ETR:
- TipRanks.com: Moderate Buy
- TradingView.com: Buy
- Yahoo! Finance: Neutral Short-Term Outlook
- Barchart.com: Strong buy
- Zacks.com: Hold, Top 38% (97 out of 253)
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EQT
Symbol: EQT
Recent Price: $$39.74
Average Analyst Price Target: $47.27 (18.95%)
Market Cap: $$14.94B
Last Year's EPS: $0.3
Consensus EPS Forecast: $0.96
Expected Earnings Date: Apr 26 2022
Recent Analyst Action: Devin McDermott, analyst at Morgan Stanley, reiterates coverage on EQT (EQT) in the Utilities sector with a Buy rating and a price target of $ 47 (3 days ago).
TipRanks.com also reports that EQT currently has 11 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $47.27 . The target pricing ranges from a high forecast of $64.00 down to a low forecast of $23.00. EQT (EQT)’s last closing price was $$39.74 which would put the average price target at 18.95% upside.Here are 3rd party ratings for EQT:
- TipRanks.com: Strong Buy
- TradingView.com: Buy
- Yahoo! Finance: Neutral Short-Term Outlook
- Barchart.com: Strong buy
- Zacks.com: Buy, Top 2% (4 out of 253)
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Sunnova Energy International
Symbol: NOVA
Recent Price: $$15.94
Average Analyst Price Target: $39.45 (147.49%)
Market Cap: $$1.81B
Last Year's EPS: -$0.31
Consensus EPS Forecast: -$0.37
Expected Earnings Date: Apr 26 2022
Recent Analyst Action: Kashy Harrison, analyst at Piper Sandler, reiterates coverage on Sunnova Energy International (NOVA) in the Utilities sector with a Buy rating and a price target of $ 33 (4 days ago).
TipRanks.com also reports that Sunnova Energy International currently has 11 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $39.45 . The target pricing ranges from a high forecast of $53.00 down to a low forecast of $29.00. Sunnova Energy International (NOVA)’s last closing price was $$15.94 which would put the average price target at 147.49% upside.Here are 3rd party ratings for NOVA:
- TipRanks.com: Strong Buy
- TradingView.com: Strong Sell
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Hold, Bottom 31% (175 out of 253)
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To Your Financial Future,
The Editor, EnergyStockMovers.com