Analysts have been eager to weigh in on the Energy sector with new ratings on Occidental Petroleum (OXY – Research Report) and Northern Oil And Gas (NOG – Research Report).
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Occidental Petroleum (OXY)
Roth MKM analyst Leo Mariani maintained a Hold rating on Occidental Petroleum today and set a price target of $53.00. The company’s shares closed last Monday at $49.36.
According to TipRanks.com, Mariani is a top 100 analyst with an average return of 26.1% and a 59.8% success rate. Mariani covers the NA sector, focusing on stocks such as California Resources Corp, Magnolia Oil & Gas, and Comstock Resources.
Occidental Petroleum has an analyst consensus of Hold, with a price target consensus of $58.11, representing a 20.0% upside. In a report issued on March 18, Barclays also maintained a Hold rating on the stock with a $58.00 price target.
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Northern Oil And Gas (NOG)
Roth MKM analyst John M. White maintained a Buy rating on Northern Oil And Gas today and set a price target of $47.50. The company’s shares closed last Monday at $30.23.
According to TipRanks.com, White is a 1-star analyst with an average return of -1.0% and a 41.6% success rate. White covers the NA sector, focusing on stocks such as Riley Exploration Permian, Granite Ridge Resources, and Vitesse Energy, Inc.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Northern Oil And Gas with a $44.85 average price target.
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