#1 - Exxon Mobil
NYSE:XOM - See Stock Forecast- Stock Price:
- $112.37 (+$1.05)
- Market Cap:
- $493.89 billion
- P/E Ratio:
- 14.0
- Dividend Yield:
- 3.72%
- Consensus Rating:
- Moderate Buy (1 Strong Buy Ratings, 10 Buy Ratings, 7 Hold Ratings, 1 Sell Ratings)
- Consensus Price Target:
- $128.84 (14.7% Upside)
Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States and internationally. It operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments. The Upstream segment explores for and produces crude oil and natural gas. The Energy Products segment offers fuels, aromatics, catalysts, and licensing services. It sells its products under the Exxon, Esso, and Mobil brands. The Chemical Products segment manufactures and markets petrochemicals, including olefins, polyolefins, and intermediates. The Specialty Products segment offers performance products, including lubricants, basestocks, waxes, synthetics, elastomers, and resins. The company is also involved in the manufacturing, trade, transport, and selling crude oil, natural gas, petroleum products, petrochemicals, and other specialty products in pursuit of lower-emission business opportunities, including carbon capture and storage, hydrogen, lower-emission fuels, and lithium. Exxon Mobil Corporation was founded in 1870 and is based in Spring, Texas.
A.I. GeneratedThese insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms.
Pros and Cons of Exxon Mobil Stock
Pros
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Exxon Mobil has a strong market capitalization of $469.53 billion, indicating its significant presence and stability in the oil and gas sector.
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The stock is currently trading at $106.83, which may present a buying opportunity for investors looking to enter at a lower price point compared to its 1-year high of $126.34.
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Analysts have given Exxon Mobil a consensus rating of "Moderate Buy," with a target price averaging $128.74, suggesting potential upside for investors.
Cons
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Despite the positive outlook, one analyst has rated the stock with a sell rating, indicating some skepticism about its future performance.
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The price-to-earnings (P/E) ratio of 13.30, while not excessively high, suggests that the stock may not be undervalued compared to its earnings, which could limit growth potential.
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Exxon Mobil's beta of 0.91 indicates that the stock is less volatile than the market, which may appeal to conservative investors but could also mean less opportunity for high returns in a bullish market.
#2 - Chevron
NYSE:CVX - See Stock Forecast- Stock Price:
- $161.54 (+$2.16)
- Market Cap:
- $290.30 billion
- P/E Ratio:
- 17.8
- Dividend Yield:
- 4.26%
- Consensus Rating:
- Moderate Buy (0 Strong Buy Ratings, 13 Buy Ratings, 4 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $175.27 (8.5% Upside)
Chevron Corporation, through its subsidiaries, engages in the integrated energy and chemicals operations in the United States and internationally. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, production, and transportation of crude oil and natural gas; processing, liquefaction, transportation, and regasification of liquefied natural gas; transportation of crude oil through pipelines; transportation, storage, and marketing of natural gas; and carbon capture and storage, as well as a gas-to-liquids plant. The Downstream segment refines crude oil into petroleum products; markets crude oil, refined products, and lubricants; manufactures and markets renewable fuels, commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives; and transports crude oil and refined products by pipeline, marine vessel, motor equipment, and rail car. The company was formerly known as ChevronTexaco Corporation and changed its name to Chevron Corporation in 2005. Chevron Corporation was founded in 1879 and is headquartered in San Ramon, California.
A.I. GeneratedThese insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms.
Pros and Cons of Chevron Stock
Pros
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Chevron has a strong market capitalization of $269.35 billion, indicating a robust financial position and stability in the oil and gas sector.
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The company recently reported earnings per share (EPS) of $2.51, exceeding analyst expectations, which reflects strong operational performance.
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Chevron's current stock price is $149.88, showing a slight increase, which may indicate positive market sentiment and potential for growth.
Cons
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Chevron's revenue for the latest quarter was down 6.3% compared to the same period last year, indicating potential challenges in maintaining growth.
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The company has a relatively high payout ratio of 71.65%, which may raise concerns about sustainability in dividend payments during economic downturns.
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Insider ownership is only 0.20%, which may suggest a lack of confidence from executives in the company's future performance.
#3 - Shell
NYSE:SHEL - See Stock Forecast- Stock Price:
- $66.74 (+$0.29)
- Market Cap:
- $205.36 billion
- P/E Ratio:
- 13.7
- Dividend Yield:
- 4.24%
- Consensus Rating:
- Buy (3 Strong Buy Ratings, 8 Buy Ratings, 1 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $79.69 (19.4% Upside)
Shell plc operates as an energy and petrochemical company Europe, Asia, Oceania, Africa, the United States, and Rest of the Americas. The company operates through Integrated Gas, Upstream, Marketing, Chemicals and Products, and Renewables and Energy Solutions segments. It explores for and extracts crude oil, natural gas, and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products; and operates upstream and midstream infrastructure to deliver gas to market. The company also markets and trades natural gas, liquefied natural gas (LNG), crude oil, electricity, carbon-emission rights; and markets and sells LNG as a fuel for heavy-duty vehicles. In addition, it trades in and refines crude oil and other feed stocks, such as low-carbon fuels, lubricants, bitumen, sulphur, gasoline, diesel, aviation fuel, and marine fuel; produces and sells petrochemicals for industrial use; and manages oil sands activities. Further, the company produces base chemicals comprising ethylene, propylene, and aromatics, as well as intermediate chemicals, such as styrene monomer, propylene oxide, solvents, detergent alcohols, ethylene oxide, and ethylene glycol. Additionally, it generates electricity through wind and solar resources; produces and sells hydrogen; and provides electric vehicle charging services. The company was formerly known as Royal Dutch Shell plc and changed its name to Shell plc in January 2022. Shell plc was founded in 1907 and is headquartered in London, the United Kingdom.
A.I. GeneratedThese insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms.
Pros and Cons of Shell Stock
Pros
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Shell has received multiple upgrades from analysts, including a "strong-buy" rating from Barclays and Sanford C. Bernstein, indicating strong confidence in the company's future performance.
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The stock is currently trading at $63.54, which may present a buying opportunity for investors looking for value in the energy sector.
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Institutional investors own 28.60% of Shell's stock, suggesting a strong level of confidence from large financial entities in the company's stability and growth potential.
Cons
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Shell's stock has recently experienced a decline of 0.7%, which may indicate volatility and potential challenges in maintaining its market position.
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Analysts have set a consensus target price of $81.75, which suggests that the stock may not have significant upside potential in the short term, limiting immediate gains for investors.
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Despite recent upgrades, there are still mixed ratings from analysts, with some maintaining a "hold" rating, indicating uncertainty about the stock's future performance.
#4 - Royal Dutch Shell
NYSE:RDS.A - See Stock Forecast- Stock Price:
- $51.04
- Market Cap:
- $199.25 billion
- P/E Ratio:
- 44.0
- Dividend Yield:
- 3.76%
- Consensus Rating:
- N/A (0 Strong Buy Ratings, 0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- N/A
Royal Dutch Shell plc operates as an energy and petrochemical company worldwide. The company operates through Integrated Gas, Upstream, Oil Products, Chemicals segments. It explores for and extracts crude oil, natural gas, and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products; and operates upstream and midstream infrastructure necessary to deliver gas to market. The company also markets and trades natural gas, liquefied natural gas (LNG), crude oil, electricity, carbon-emission rights; and markets and sells LNG as a fuel for heavy-duty vehicles and marine vessels. In addition, it trades in and refines crude oil and other feed stocks, such as gasoline, diesel, heating oil, aviation fuel, marine fuel, biofuel, lubricants, bitumen, and sulphur; produces and sells petrochemicals for industrial use; and manages oil sands activities. Further, the company produces base chemicals comprising ethylene, propylene, and aromatics, as well as intermediate chemicals, such as styrene monomer, propylene oxide, solvents, detergent alcohols, ethylene oxide, and ethylene glycol. Royal Dutch Shell plc was founded in 1907 and is headquartered in The Hague, the Netherlands.
A.I. GeneratedThese insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms.
Pros and Cons of Royal Dutch Shell Stock
Pros
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Royal Dutch Shell plc has a diversified portfolio across various segments, including Integrated Gas, Upstream, and Chemicals, which helps mitigate risks associated with fluctuations in oil and gas prices.
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The company is actively involved in the production and marketing of liquefied natural gas (LNG), a growing market due to the global shift towards cleaner energy sources, positioning it well for future demand.
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As of now, the stock price of RDS.A is competitive, making it an attractive entry point for investors looking to capitalize on potential growth in the energy sector.
Cons
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The energy sector is highly volatile, and fluctuations in crude oil and natural gas prices can significantly impact Royal Dutch Shell plc's profitability.
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Regulatory pressures and the global push for renewable energy sources may pose challenges for traditional oil and gas companies, including Royal Dutch Shell plc, potentially affecting its long-term growth.
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Recent geopolitical tensions can disrupt supply chains and impact the company's operations, leading to uncertainty in revenue generation.
#5 - TotalEnergies
NYSE:TTE - See Stock Forecast- Stock Price:
- $59.47 (+$0.46)
- Market Cap:
- $140.43 billion
- P/E Ratio:
- 8.4
- Dividend Yield:
- 4.33%
- Consensus Rating:
- Moderate Buy (2 Strong Buy Ratings, 2 Buy Ratings, 6 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $72.42 (21.8% Upside)
TotalEnergies SE, a multi-energy company, produces and markets oil and biofuels, natural gas, green gases, renewables, and electricity in France, rest of Europe, North America, Africa, and internationally. It operates through five segments: Exploration & Production, Integrated LNG, Integrated Power, Refining & Chemicals, and Marketing & Services. The Exploration & Production segment is involved in the exploration and production of oil and natural gas. The Integrated LNG segment comprises the integrated gas chain, including upstream and midstream liquified natural gas (LNG) activities, as well as biogas, hydrogen, and gas trading activities. The Integrated Power segment includes generation, storage, electricity trading, and B2B-B2C distribution of gas and electricity. The Refining & Chemicals segment consists of refining, petrochemicals, and specialty chemicals. This segment also includes oil supply, trading, and marine shipping activities. The Marketing & Services segment supplies and markets petroleum products. The company was formerly known as TOTAL SE and changed its name to TotalEnergies SE in June 2021. TotalEnergies SE was founded in 1924 and is headquartered in Courbevoie, France.
A.I. GeneratedThese insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms.
Pros and Cons of TotalEnergies Stock
Pros
-
TotalEnergies SE has a current stock price of $56.68, which may present a buying opportunity for investors looking for value in the energy sector.
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The company has a solid dividend payout ratio of 34.75%, indicating a commitment to returning value to shareholders through dividends.
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Recent upgrades from analysts, including a "strong-buy" rating from UBS Group, suggest positive sentiment and potential for stock price appreciation.
Cons
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Despite recent upgrades, the stock has experienced fluctuations, with a 12-month high of $74.97 and a low of $55.92, indicating potential volatility.
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Analysts have mixed ratings, with five holding a "hold" rating, which may suggest uncertainty about the stock's short-term performance.
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The quick ratio of 0.88 indicates that TotalEnergies SE may have less liquidity to cover short-term liabilities, which could be a concern for investors focused on financial health.
#6 - ConocoPhillips
NYSE:COP - See Stock Forecast- Stock Price:
- $105.76 (+$0.15)
- Market Cap:
- $121.72 billion
- P/E Ratio:
- 12.6
- Dividend Yield:
- 3.06%
- Consensus Rating:
- Buy (2 Strong Buy Ratings, 16 Buy Ratings, 1 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $136.00 (28.6% Upside)
ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids in the United States, Canada, China, Libya, Malaysia, Norway, the United Kingdom, and internationally. The company's portfolio includes unconventional plays in North America; conventional assets in North America, Europe, Asia, and Australia; global LNG developments; oil sands assets in Canada; and an inventory of global exploration prospects. ConocoPhillips was founded in 1917 and is headquartered in Houston, Texas.
A.I. GeneratedThese insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms.
Pros and Cons of ConocoPhillips Stock
Pros
-
ConocoPhillips recently reported a strong earnings per share (EPS) of $1.78, exceeding analysts' expectations of $1.68, indicating robust financial performance.
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The company has increased its quarterly dividend from $0.58 to $0.78, reflecting a commitment to returning value to shareholders and a healthy dividend yield of 3.09%.
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ConocoPhillips has a consensus rating of "Moderate Buy" from analysts, with a price target averaging $139.18, suggesting potential for stock price appreciation.
Cons
-
The company's revenue decreased by 8.5% year-over-year, which may raise concerns about its growth trajectory and market conditions.
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ConocoPhillips' net margin of 17.29% and return on equity of 19.53% are solid, but they may not be sufficient to attract investors looking for higher returns in a competitive market.
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Recent analyst downgrades, such as UBS Group reducing their price target from $153.00 to $140.00, could signal a lack of confidence in the stock's near-term performance.
#7 - GE Vernova
NYSE:GEV - See Stock Forecast- Stock Price:
- $401.84 (+$10.84)
- Market Cap:
- $110.77 billion
- Dividend Yield:
- 0.27%
- Consensus Rating:
- Moderate Buy (1 Strong Buy Ratings, 20 Buy Ratings, 7 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $321.35 (-20.0% Downside)
GE Vernova LLC, an energy business company, generates electricity. It operates under three segments: Power, Wind, and Electrification. The Power segments generates and sells electricity through hydro, gas, nuclear, and steam power. Wind segment engages in the manufacturing and sale of wind turbine blades; and Electrification segment provides grid solutions, power conversion, solar, and storage solutions. The company was incorporated in 2023 and is based in Cambridge, Massachusetts.
#8 - Constellation Energy
NASDAQ:CEG - See Stock Forecast- Stock Price:
- $316.36 (+$1.12)
- Market Cap:
- $98.95 billion
- P/E Ratio:
- 34.9
- Dividend Yield:
- 0.46%
- Consensus Rating:
- Moderate Buy (0 Strong Buy Ratings, 10 Buy Ratings, 5 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $289.86 (-8.4% Downside)
Constellation Energy Corporation generates and sells electricity in the United States. It operates through five segments: Mid-Atlantic, Midwest, New York, ERCOT, and Other Power Regions. The company sells natural gas, energy-related products, and sustainable solutions. It has approximately 33,094 megawatts of generating capacity consisting of nuclear, wind, solar, natural gas, and hydroelectric assets. It serves distribution utilities; municipalities; cooperatives; and commercial, industrial, governmental, and residential customers. The company was incorporated in 2021 and is headquartered in Baltimore, Maryland.
A.I. GeneratedThese insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms.
Pros and Cons of Constellation Energy Stock
Pros
-
Constellation Energy Co. has secured significant long-term government contracts, enhancing its position in the clean energy market and providing a stable revenue stream.
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The company reported a strong earnings per share (EPS) of $2.74 for Q3 FY2024, exceeding analyst expectations, which indicates robust financial performance and growth potential.
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With a current stock price around $281.43, analysts maintain a "Moderate Buy" rating, suggesting confidence in the company's future performance and potential for price appreciation.
Cons
-
There are potential regulatory hurdles that could impact the timeline for achieving carbon-free goals, introducing uncertainty into the company's long-term plans.
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Competitive pressures in the energy market may affect profit margins and market share, posing risks to future growth.
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The evolving regulatory environment for clean energy could lead to changes in government subsidies, which may impact the financial viability of certain projects.
#9 - Enbridge
NYSE:ENB - See Stock Forecast- Stock Price:
- $44.53 (+$0.50)
- Market Cap:
- $97.00 billion
- P/E Ratio:
- 20.6
- Dividend Yield:
- 6.05%
- Consensus Rating:
- Hold (0 Strong Buy Ratings, 2 Buy Ratings, 3 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $63.00 (41.5% Upside)
Enbridge Inc., together with its subsidiaries, operates as an energy infrastructure company. The company operates through five segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. The Liquids Pipelines segment operates pipelines and related terminals to transport various grades of crude oil and other liquid hydrocarbons in Canada and the United States. The Gas Transmission and Midstream segment invests in natural gas pipelines and gathering and processing facilities in Canada and the United States. The Gas Distribution and Storage segment is involved in natural gas utility operations serving residential, commercial, and industrial customers in Ontario, as well as natural gas distribution activities in Quebec. The Renewable Power Generation segment operates power generating assets, such as wind, solar, geothermal, waste heat recovery, and transmission assets in North America. The Energy Services segment provides physical commodity marketing and logistical services to refiners, producers, and other customers in Canada and the United States. The company was formerly known as IPL Energy Inc. and changed its name to Enbridge Inc. in October 1998. Enbridge Inc. was founded in 1949 and is headquartered in Calgary, Canada.
A.I. GeneratedThese insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms.
Pros and Cons of Enbridge Stock
Pros
-
Enbridge Inc. recently reported earnings per share of $0.55, exceeding analysts' expectations of $0.40, indicating strong financial performance and potential for future growth.
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The current stock price of Enbridge Inc. is $43.26, which is near its fifty-two week high of $43.70, suggesting positive market sentiment and potential for further appreciation.
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Institutional investors hold 54.60% of Enbridge Inc.'s stock, reflecting confidence in the company's stability and growth prospects.
Cons
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Montrusco Bolton Investments Inc. significantly reduced its stake in Enbridge Inc. by 61.9%, which may signal a lack of confidence among some institutional investors.
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The company has a debt-to-equity ratio of 1.41, indicating a higher level of debt compared to equity, which could pose risks in times of financial instability.
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Jefferies Financial Group downgraded Enbridge Inc. from a "buy" to a "hold" rating, suggesting that the stock may not be a strong buy at current levels.
#10 - PetroChina
NYSE:PTR - See Stock Forecast- Stock Price:
- $0.00
- Market Cap:
- $85.75 billion
- P/E Ratio:
- 4.6
- Dividend Yield:
- 5.44%
- Consensus Rating:
- Hold (0 Strong Buy Ratings, 0 Buy Ratings, 1 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- N/A
PetroChina Company Limited, together with its subsidiaries, engages in a range of petroleum related products, services, and activities in Mainland China and internationally. It operates through Exploration and Production, Refining and Chemicals, Marketing, and Natural Gas and Pipeline segments. The Exploration and Production segment engages in the exploration, development, production, and marketing of crude oil and natural gas. The Refining and Chemicals segment refines crude oil and petroleum products; and produces and markets primary petrochemical products, derivative petrochemical products, and other chemical products. The Marketing segment is involved in marketing of refined products and trading business. The Natural Gas and Pipeline segment engages in the transmission of natural gas, crude oil, and refined products; and sale of natural gas. As of December 31, 2021, the company had a total length of 26,076 km, including 17,329 km of natural gas pipelines, 7,340 km of crude oil pipelines, and 1,407 km of refined product pipelines. The company is also involved in the exploration, development, and production of oil sands and coalbed methane; trading of crude oil and petrochemical products; storage, chemical engineering, storage facilities, service station, and transportation facilities and related businesses; and production and sales of basic and derivative chemical, and other chemical products. The company was founded in 1999 and is headquartered in Beijing, the People's Republic of China. PetroChina Company Limited is a subsidiary of China National Petroleum Corporation.
A.I. GeneratedThese insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms.
Pros and Cons of PetroChina Stock
Pros
-
PetroChina Company Limited is a major player in the crude oil and natural gas industry, which is essential for global energy needs, potentially leading to stable revenue streams.
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The company has a vast network of pipelines, totaling 26,076 km, which enhances its operational efficiency and market reach, allowing for better distribution of its products.
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Recent news indicates that PetroChina plans to close a significant refinery with a capacity of 410,000 b/d, which could lead to improved margins by reducing excess supply in the market.
Cons
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The decision to close a major refinery may indicate challenges in demand for refined products, which could negatively impact revenue in the short term.
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PetroChina operates in a highly regulated industry, and changes in government policies or regulations could adversely affect its operations and profitability.
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Fluctuations in global oil prices can significantly impact the company's financial performance, making it a risky investment in volatile markets.
#11 - BP
NYSE:BP - See Stock Forecast- Stock Price:
- $31.70 (-$0.08)
- Market Cap:
- $84.70 billion
- P/E Ratio:
- 33.4
- Dividend Yield:
- 6.07%
- Consensus Rating:
- Moderate Buy (4 Strong Buy Ratings, 4 Buy Ratings, 11 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $38.76 (22.3% Upside)
BP p.l.c. provides carbon products and services. The company operates through Gas & Low Carbon Energy, Oil Production & Operations, and Customers & Products segments. It engages in the production of natural gas, and integrated gas and power; trading of gas; operation of onshore and offshore wind power, as well as hydrogen and carbon capture and storage facilities; trading and marketing of renewable and non-renewable power; and production of crude oil. In addition, the company involved in convenience and retail fuel, EV charging, Castrol lubricant, aviation, B2B, and midstream businesses; refining and oil trading; and bioenergy business. The company was founded in 1908 and is headquartered in London, the United Kingdom.
A.I. GeneratedThese insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms.
Pros and Cons of BP Stock
Pros
-
BP p.l.c. has received multiple upgrades to a "strong-buy" rating from major analysts, indicating strong confidence in the company's future performance.
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The current stock price is $28.98, which may present a buying opportunity for investors looking for value in the energy sector.
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BP p.l.c. recently reported earnings per share (EPS) of $0.83, exceeding analysts' expectations, which reflects strong operational performance.
Cons
-
Scotiabank recently lowered its target price for BP p.l.c. from $42.00 to $36.00, indicating a more cautious outlook on the stock's performance.
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The company's revenue for the last quarter was down 11.3% compared to the same period last year, which may raise concerns about its growth trajectory.
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BP p.l.c. has a high dividend payout ratio of 200.00%, which suggests that the company is paying out more in dividends than it is earning, potentially unsustainable in the long term.
#12 - EOG Resources
NYSE:EOG - See Stock Forecast- Stock Price:
- $136.70 (-$1.35)
- Market Cap:
- $76.89 billion
- P/E Ratio:
- 11.0
- Dividend Yield:
- 2.64%
- Consensus Rating:
- Hold (1 Strong Buy Ratings, 8 Buy Ratings, 13 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $143.48 (5.0% Upside)
EOG Resources, Inc., together with its subsidiaries, explores for, develops, produces, and markets crude oil, natural gas liquids, and natural gas primarily in producing basins in the United States, the Republic of Trinidad and Tobago and internationally. The company was formerly known as Enron Oil & Gas Company. EOG Resources, Inc. was incorporated in 1985 and is headquartered in Houston, Texas.
A.I. GeneratedThese insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms.
Pros and Cons of EOG Resources Stock
Pros
-
The company has initiated a share repurchase program allowing for the repurchase of up to $5.00 billion in shares, indicating management's belief that the stock is undervalued.
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EOG Resources, Inc. has a strong market capitalization of $69.26 billion, which reflects its significant presence and stability in the energy sector.
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With a current stock price around $120.89, the stock is trading below its 52-week high of $139.67, suggesting potential for price appreciation.
Cons
-
The stock has experienced a recent decrease in insider ownership, with COO Jeffrey R. Leitzell selling 4,000 shares, which may raise concerns about insider confidence.
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The company's PE ratio of 9.86, while seemingly attractive, may indicate that the stock is undervalued due to underlying issues in growth or profitability.
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With a beta of 1.29, the stock is more volatile than the market, suggesting higher risk for investors who may be risk-averse.
#13 - Enterprise Products Partners
NYSE:EPD - See Stock Forecast- Stock Price:
- $33.60 (-$0.08)
- Market Cap:
- $72.82 billion
- P/E Ratio:
- 12.6
- Dividend Yield:
- 6.53%
- Consensus Rating:
- Moderate Buy (1 Strong Buy Ratings, 7 Buy Ratings, 4 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $34.60 (3.0% Upside)
Enterprise Products Partners L.P. provides midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals, and refined products. It operates in four segments: NGL Pipelines & Services, Crude Oil Pipelines & Services, Natural Gas Pipelines & Services, and Petrochemical & Refined Products Services. The NGL Pipelines & Services segment offers natural gas processing and related NGL marketing services. It operates natural gas processing facilities located in Colorado, Louisiana, Mississippi, New Mexico, Texas, and Wyoming; NGL pipelines; NGL fractionation facilities; NGL and related product storage facilities; and NGL marine terminals. The Crude Oil Pipelines & Services segment operates crude oil pipelines; and crude oil storage and marine terminals, which include a fleet of approximately 250 tractor-trailer tank trucks that are used to transport crude oil. It also engages in crude oil marketing activities. The Natural Gas Pipelines & Services segment operates natural gas pipeline systems to gather, treat, and transport natural gas. It leases underground salt dome natural gas storage facilities in Napoleonville, Louisiana; owns an underground salt dome storage cavern in Wharton County, Texas; and markets natural gas. The Petrochemical & Refined Products Services segment operates propylene fractionation facilities, including propylene fractionation units and propane dehydrogenation facilities, and related marketing activities; butane isomerization complex and related deisobutanizer operations; and octane enhancement, isobutane dehydrogenation, and high purity isobutylene production facilities. It also operates refined products pipelines and terminals; and ethylene export terminals; and provides refined products marketing and marine transportation services. Enterprise Products Partners L.P. was founded in 1968 and is headquartered in Houston, Texas.
A.I. GeneratedThese insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms.
Pros and Cons of Enterprise Products Partners Stock
Pros
-
The stock is currently trading at $32.15, showing a recent increase of 0.7%, indicating positive market sentiment.
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Analysts have a consensus rating of "Moderate Buy" with an average price target of $34.50, suggesting potential for price appreciation.
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Enterprise Products Partners L.P. reported a revenue increase of 14.8% year-over-year, demonstrating strong growth in its operations.
Cons
-
The company missed earnings expectations by $0.01, which may raise concerns about its ability to meet future financial targets.
-
Wells Fargo downgraded the stock from "overweight" to "equal weight," indicating a more cautious outlook from some analysts.
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The stock's trading volume has declined significantly, with a 72% drop from its average daily volume, suggesting reduced investor interest.
#14 - Williams Companies
NYSE:WMB - See Stock Forecast- Stock Price:
- $59.22 (+$0.04)
- Market Cap:
- $72.19 billion
- P/E Ratio:
- 25.0
- Dividend Yield:
- 3.42%
- Consensus Rating:
- Hold (0 Strong Buy Ratings, 9 Buy Ratings, 7 Hold Ratings, 1 Sell Ratings)
- Consensus Price Target:
- $53.00 (-10.5% Downside)
The Williams Companies, Inc., together with its subsidiaries, operates as an energy infrastructure company primarily in the United States. It operates through Transmission & Gulf of Mexico, Northeast G&P, West, and Gas & NGL Marketing Services segments. The Transmission & Gulf of Mexico segment comprises natural gas pipelines; Transco, Northwest pipeline, MountainWest, and related natural gas storage facilities; and natural gas gathering and processing, and crude oil production handling and transportation assets in the Gulf Coast region. The Northeast G&P segment engages in the midstream gathering, processing, and fractionation activities in the Marcellus Shale region primarily in Pennsylvania and New York, and the Utica Shale region of eastern Ohio. The West segment consists of gas gathering, processing, and treating operations in the Rocky Mountain region of Colorado and Wyoming, the Barnett Shale region of north-central Texas, the Eagle Ford Shale region of South Texas, the Haynesville Shale region of northwest Louisiana, the Mid-Continent region that includes the Anadarko and Permian basins, and the DJ Basin of Colorado; and operates natural gas liquid (NGL) fractionation and storage facilities in central Kansas near Conway. The Gas & NGL Marketing Services segment provides wholesale marketing, trading, storage, and transportation of natural gas for natural gas utilities, municipalities, power generators, and producers; asset management services; and transports and markets NGLs. The company owns and operates 33,000 miles of pipelines. The Williams Companies, Inc. was founded in 1908 and is headquartered in Tulsa, Oklahoma.
A.I. GeneratedThese insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms.
Pros and Cons of Williams Companies Stock
Pros
-
The Williams Companies, Inc. has shown strong financial performance, reporting a revenue of $2.65 billion in its latest quarter, exceeding analyst expectations of $2.52 billion. This indicates robust operational efficiency and demand for its services.
-
The current stock price is $56.40, reflecting a 1.5% increase recently, which may suggest positive market sentiment and potential for further growth.
-
Institutional investors hold a significant 86.44% of the company's stock, indicating strong confidence from large financial entities in the company's future prospects.
Cons
-
The company has a relatively high debt-to-equity ratio of 1.67, which may indicate higher financial risk, as it relies significantly on debt to finance its operations.
-
Despite recent positive earnings, the company's earnings per share (EPS) of $0.43 is lower than the previous year's $0.45, suggesting potential challenges in maintaining growth.
-
The quick ratio of 0.51 and current ratio of 0.57 indicate that the company may face liquidity issues, as these ratios are below the ideal threshold of 1, which could affect its ability to meet short-term obligations.
#15 - Equinor ASA
NYSE:EQNR - See Stock Forecast- Stock Price:
- $24.94 (-$0.12)
- Market Cap:
- $69.65 billion
- P/E Ratio:
- 7.6
- Dividend Yield:
- 4.63%
- Consensus Rating:
- Moderate Buy (1 Strong Buy Ratings, 4 Buy Ratings, 3 Hold Ratings, 1 Sell Ratings)
- Consensus Price Target:
- $29.45 (18.1% Upside)
Equinor ASA, an energy company, engages in the exploration, production, transportation, refining, and marketing of petroleum and other forms of energy in Norway and internationally. It operates through Exploration & Production Norway; Exploration & Production International; Exploration & Production USA; Marketing, Midstream & Processing; Renewables; and Other segments. The company also transports, processes, manufactures, markets, and trades in oil and gas commodities, such as crude and condensate products, gas liquids, natural gas, and liquefied natural gas; trades in power and emissions; operates refineries, terminals and processing, and power plants; and develops low carbon solutions for oil and gas. In addition, it develops carbon capture and storage projects; provides transportation solutions, including pipelines, shipping, trucking, and rail; and develops and explores for renewable energy, such as offshore wind, green hydrogen, and solar power. The company was formerly known as Statoil ASA and changed its name to Equinor ASA in May 2018. Equinor ASA was incorporated in 1972 and is headquartered in Stavanger, Norway.
A.I. GeneratedThese insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms.
Pros and Cons of Equinor ASA Stock
Pros
-
Equinor ASA recently reported a strong earnings performance, with an earnings per share (EPS) of $0.79, surpassing analysts' expectations of $0.74. This indicates robust profitability and effective management, which can attract investors.
-
The company generated revenue of $25.45 billion in its latest quarter, exceeding the forecast of $24.45 billion. This revenue growth suggests a solid demand for its products and services, which is a positive sign for potential investors.
-
Equinor ASA's current stock price is $22.35, which is near its twelve-month low of $22.15. This could present a buying opportunity for investors looking for undervalued stocks in the energy sector.
Cons
-
The stock has recently experienced a decline, trading down 3.6% to $22.35, which may indicate market concerns about the company's future performance.
-
Equinor ASA has a price-to-earnings (P/E) ratio of 6.86, which, while low, may suggest that the market has lower expectations for future growth compared to its peers.
-
Despite a strong revenue report, the company's net margin stands at 8.95%, which may be considered low in comparison to industry standards, potentially limiting profitability.
#16 - Energy Transfer
NYSE:ET - See Stock Forecast- Stock Price:
- $20.28 (+$0.03)
- Market Cap:
- $69.45 billion
- P/E Ratio:
- 14.9
- Dividend Yield:
- 6.64%
- Consensus Rating:
- Moderate Buy (0 Strong Buy Ratings, 10 Buy Ratings, 1 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $20.82 (2.6% Upside)
Energy Transfer LP provides energy-related services. The company owns and operates natural gas transportation pipeline, and natural gas storage facilities in Texas and Oklahoma; and approximately 20,090 miles of interstate natural gas pipeline. It also sells natural gas to electric utilities, independent power plants, local distribution and other marketing companies, and industrial end-users. In addition, the company owns and operates natural gas gathering pipelines, processing plant, and treating and conditioning facilities in Texas, New Mexico, West Virginia, Pennsylvania, Ohio, Oklahoma, Arkansas, Kansas, Montana, North Dakota, Wyoming, and Louisiana; natural gas gathering, oil pipeline, and oil stabilization facilities in South Texas; and transports and supplies water to natural gas producer in Pennsylvania. Further, it owns 5,700 miles of natural gas liquid (NGL) pipeline; NGL fractionation facilities; NGL storage facilities; and other NGL storage assets and terminal. Additionally, the company provides crude oil transportation, terminalling, acquisition, and marketing activities; owns and operates approximately 14,500 miles of crude oil trunk and gathering pipelines in the Southwest, Midcontinent, and Midwest United States; and sells and distributes gasoline, middle distillate, and motor fuels and other petroleum products. It also offers natural gas compression services; carbon dioxide and hydrogen sulfide removal services; and manages coal and natural resources properties, as well as sells standing timber, leases coal-related infrastructure facilities, collects oil and gas royalty, and generate electrical power. The company was formerly known as Energy Transfer Equity, L.P. and changed its name to Energy Transfer LP in October 2018. Energy Transfer LP was founded in 1996 and is headquartered in Dallas, Texas.
A.I. GeneratedThese insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms.
Pros and Cons of Energy Transfer Stock
Pros
-
Recent analyst upgrades have increased price targets, with Royal Bank of Canada raising their target from $20.00 to $23.00, indicating strong market confidence in the company's growth potential.
-
The current stock price is $19.71, which is near its 52-week high of $20.02, suggesting that the stock is performing well and may continue to appreciate.
-
Energy Transfer LP reported a solid quarterly earnings performance, achieving earnings per share (EPS) of $0.32, which met analyst expectations, reflecting stable financial health.
Cons
-
The company experienced a significant drop in trading volume, with a recent decline of 80% from its average daily volume, which may indicate reduced investor interest or confidence.
-
Energy Transfer LP's revenue for the last quarter was $20.77 billion, falling short of analysts' expectations of $21.59 billion, which could raise concerns about future growth prospects.
-
Despite a positive EPS report, the company's net margin of 5.90% suggests that profitability may be under pressure, which could affect future earnings.
#17 - Kinder Morgan
NYSE:KMI - See Stock Forecast- Stock Price:
- $30.32 (+$0.26)
- Market Cap:
- $67.36 billion
- P/E Ratio:
- 26.6
- Dividend Yield:
- 3.83%
- Consensus Rating:
- Moderate Buy (1 Strong Buy Ratings, 5 Buy Ratings, 7 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $27.00 (-10.9% Downside)
Kinder Morgan, Inc. operates as an energy infrastructure company primarily in North America. The company operates through Natural Gas Pipelines, Products Pipelines, Terminals, and CO2 segments. The Natural Gas Pipelines segment owns and operates interstate and intrastate natural gas pipeline, and storage systems; natural gas gathering systems and natural gas processing and treating facilities; natural gas liquids fractionation facilities and transportation systems; and liquefied natural gas gasification, liquefaction, and storage facilities. The Products Pipelines segment owns and operates refined petroleum products, and crude oil and condensate pipelines; and associated product terminals and petroleum pipeline transmix facilities. The Terminals segment owns and/or operates liquids and bulk terminals that stores and handles various commodities, including gasoline, diesel fuel, renewable fuel and feedstocks, chemicals, ethanol, metals, and petroleum coke; and owns tankers. The CO2 segment produces, transports, and markets CO2 to recovery and production crude oil from mature oil fields; owns interests in/or operates oil fields and gasoline processing plants; and operates a crude oil pipeline system in West Texas, as well as owns and operates RNG and LNG facilities. It owns and operates approximately 82,000 miles of pipelines and 139 terminals. The company was formerly known as Kinder Morgan Holdco LLC and changed its name to Kinder Morgan, Inc. in February 2011. Kinder Morgan, Inc. was incorporated in 2006 and is headquartered in Houston, Texas.
A.I. GeneratedThese insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms.
Pros and Cons of Kinder Morgan Stock
Pros
-
Recent analyst upgrades have increased the price target for Kinder Morgan, Inc. from $27.00 to $30.00, indicating a potential upside of 16.14% from the current stock price of $25.83.
-
The company has received multiple "buy" ratings from various brokerages, suggesting strong confidence in its future performance and stability in the pipeline sector.
-
Kinder Morgan, Inc. has a solid market capitalization of approximately $57.38 billion, which reflects its significant presence and stability in the energy infrastructure market.
Cons
-
The company reported earnings per share of $0.25, which was below the consensus estimate of $0.27, indicating potential challenges in meeting market expectations.
-
Quarterly revenue decreased by 5.3% compared to the same quarter last year, which may raise concerns about the company's growth trajectory and market demand.
-
Kinder Morgan, Inc. has a relatively high P/E ratio of 22.66, which could suggest that the stock is overvalued compared to its earnings, making it a riskier investment.
#18 - Canadian Natural Resources
NYSE:CNQ - See Stock Forecast- Stock Price:
- $31.11 (+$0.31)
- Market Cap:
- $65.44 billion
- P/E Ratio:
- 12.1
- Dividend Yield:
- 4.86%
- Consensus Rating:
- Hold (0 Strong Buy Ratings, 0 Buy Ratings, 3 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- N/A
Canadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids (NGLs). The company offers light and medium crude oil, primary heavy crude oil, Pelican Lake heavy crude oil, bitumen (thermal oil), and synthetic crude oil (SCO). The company's midstream assets include two pipeline systems; and a 50% working interest in an 84-megawatt cogeneration plant at Primrose. It operates primarily in Western Canada; the United Kingdom portion of the North Sea; and Offshore Africa. The company was formerly known as AEX Minerals Corporation and changed its name to Canadian Natural Resources Limited in December 1975. Canadian Natural Resources Limited was incorporated in 1973 and is headquartered in Calgary, Canada.
A.I. GeneratedThese insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms.
Pros and Cons of Canadian Natural Resources Stock
Pros
-
Recent acquisition activity by institutional investors, such as Virtu Financial LLC, which acquired a stake valued at approximately $579,000, indicates growing confidence in the company's future performance.
-
The stock has shown resilience, trading at $31.47, which is a favorable entry point compared to its 12-month high of $41.29, suggesting potential for price appreciation.
-
Canadian Natural Resources Limited has a strong market capitalization of $66.30 billion, which reflects its stability and ability to weather market fluctuations.
Cons
-
The stock has experienced volatility, with a 12-month low of $29.45, indicating potential risks associated with price fluctuations.
-
Despite recent upgrades, the consensus rating remains a "hold," which may suggest that significant upside potential is limited in the short term.
-
With a P/E ratio of 12.25, the stock may be perceived as overvalued compared to industry peers, which could deter value-focused investors.
#19 - ONEOK
NYSE:OKE - See Stock Forecast- Stock Price:
- $109.08 (+$0.42)
- Market Cap:
- $63.72 billion
- P/E Ratio:
- 22.8
- Dividend Yield:
- 3.89%
- Consensus Rating:
- Moderate Buy (0 Strong Buy Ratings, 8 Buy Ratings, 6 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $102.92 (-5.7% Downside)
ONEOK, Inc. engages in gathering, processing, fractionation, storage, transportation, and marketing of natural gas and natural gas liquids (NGL) in the United States. It operates through four segments: Natural Gas Gathering and Processing, Natural Gas Liquids, Natural Gas Pipelines, and Refined Products and Crude. The company owns natural gas gathering pipelines and processing plants in the Mid-Continent and Rocky Mountain regions; and provides midstream services to producers of NGLs. It also owns NGL gathering and distribution pipelines in Oklahoma, Kansas, Texas, New Mexico, Montana, North Dakota, Wyoming, and Colorado; terminal and storage facilities in Kansas, Nebraska, Iowa, and Illinois; NGL distribution pipelines in Kansas, Nebraska, Iowa, Illinois, and Indiana; transports refined petroleum products, including unleaded gasoline and diesel; and owns and operates truck- and rail-loading, and -unloading facilities connected to NGL fractionation, storage, and pipeline assets. In addition, the company transports and stores natural gas through regulated interstate and intrastate natural gas transmission pipelines, and natural gas storage facilities. Further, it owns and operates a parking garage in downtown Tulsa, Oklahoma; and leases excess office space and rail cars. Additionally, the company transports, stores, and distributes refined products, NGLs, and crude oil, as well as conducts commodity-related activities, including liquids blending and marketing activities. It serves integrated and independent exploration and production companies; other NGL and natural gas gathering and processing companies; crude oil and natural gas production companies; utilities; industrial companies; natural gasoline distributors; propane distributors; municipalities; ethanol producers; petrochemical, refining, and marketing companies; and heating fuel users, refineries, and exporters. ONEOK, Inc. was founded in 1906 and is headquartered in Tulsa, Oklahoma.
A.I. GeneratedThese insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms.
Pros and Cons of ONEOK Stock
Pros
-
Recent upgrades from multiple research firms, including a boost in target price from UBS Group to $132.00, indicate strong market confidence in ONEOK, Inc.'s growth potential.
-
The stock is currently trading at $94.69, which is below its recent high of $118.07, suggesting a potential for price appreciation as the market stabilizes.
-
ONEOK, Inc. reported earnings per share (EPS) of $1.33, exceeding analyst expectations, which reflects strong operational performance and profitability.
Cons
-
The stock has experienced volatility, with a recent trading down of 4.1%, which may indicate market uncertainty or negative sentiment.
-
ONEOK, Inc. has a relatively high debt-to-equity ratio of 1.22, suggesting that the company relies significantly on debt financing, which can be risky in fluctuating market conditions.
-
Analysts have mixed ratings, with eight holding a "hold" rating, which may suggest a lack of consensus on the stock's future performance.
#20 - Pioneer Natural Resources
NYSE:PXD - See Stock Forecast- Stock Price:
- $269.62
- Market Cap:
- $63.00 billion
- P/E Ratio:
- 13.3
- Dividend Yield:
- 1.85%
- Consensus Rating:
- Hold (0 Strong Buy Ratings, 0 Buy Ratings, 6 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $280.33 (4.0% Upside)
Pioneer Natural Resources Company operates as an independent oil and gas exploration and production company in the United States. The company explores for, develops, and produces oil, natural gas liquids (NGLs), and gas. It has operations in the Midland Basin in West Texas. The company was founded in 1997 and is headquartered in Irving, Texas.
A.I. GeneratedThese insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms.
Pros and Cons of Pioneer Natural Resources Stock
Pros
-
The current stock price is $269.01, indicating a strong market position and potential for growth.
-
Pioneer Natural Resources has a significant institutional ownership percentage of 82.61%, suggesting confidence from large investors in the company's future performance.
-
With a month-to-month change in shares shorted of 3.77%, there is a growing interest in the stock, which may indicate bullish sentiment among investors.
Cons
-
The short percentage of float is 2.85%, which may indicate some investors are betting against the stock, suggesting potential volatility.
-
Days to cover is 3.4, meaning it would take this many days to cover all short positions, which could lead to price fluctuations if negative news arises.
-
Despite recent performance, the oil and gas industry can be highly volatile and subject to fluctuations in commodity prices, which can impact profitability.
#21 - Schlumberger
NYSE:SLB - See Stock Forecast- Stock Price:
- $43.58 (+$2.49)
- Market Cap:
- $61.54 billion
- P/E Ratio:
- 14.0
- Dividend Yield:
- 2.85%
- Consensus Rating:
- Moderate Buy (1 Strong Buy Ratings, 16 Buy Ratings, 5 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $56.03 (28.6% Upside)
Schlumberger Limited engages in the provision of technology for the energy industry worldwide. The company operates through four divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. The company provides field development and hydrocarbon production, carbon management, and integration of adjacent energy systems; reservoir interpretation and data processing services for exploration data; and well construction and production improvement services and products. It also offers subsurface geology and fluids evaluation information; open and cased hole services; exploration and production pressure, and flow-rate measurement services; and pressure pumping, well stimulation, and coiled tubing equipment solutions. In addition, the company offers mud logging, directional drilling, measurement-while-drilling, and logging-while-drilling services, as well as engineering support services; supplies drilling fluid systems; designs, manufactures, and markets roller cone and fixed cutter drill bits; bottom-hole-assembly and borehole enlargement technologies; well cementing products and services; well planning, well drilling, engineering, supervision, logistics, procurement, and contracting of third parties, as well as drilling rig management solutions; and drilling equipment and services, as well as land drilling rigs and related services. Further, it provides artificial lift production equipment and optimization services; supplies packers, safety valves, sand control technology, and various intelligent well completions technology and equipment; designs and manufactures valves, chokes, actuators, and surface trees; and OneSubsea, an integrated solutions, products, systems, and services, including wellheads, subsea trees, manifolds and flowline connectors, control systems, connectors, and services. The company was formerly known as Socie´te´ de Prospection E´lectrique. Schlumberger Limited was founded in 1926 and is based in Houston, Texas.
A.I. GeneratedThese insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms.
Pros and Cons of Schlumberger Stock
Pros
-
Schlumberger Limited reported a strong earnings per share (EPS) of $0.89, surpassing the consensus estimate of $0.88, indicating robust financial performance and effective management strategies.
-
The company has shown a significant revenue increase of 10.2% compared to the same quarter last year, reflecting its ability to grow and adapt in a competitive market.
-
As of the latest trading session, Schlumberger Limited's stock price is $38.72, which may present a buying opportunity for investors looking for value in the energy sector.
Cons
-
Despite the positive earnings report, Schlumberger Limited's revenue of $9.16 billion fell short of the consensus estimate of $9.27 billion, which may raise concerns about future growth potential.
-
The stock has experienced fluctuations, with a one-year low of $36.52, indicating potential volatility that could deter risk-averse investors.
-
Insider ownership is relatively low at 0.26%, which may suggest a lack of confidence from executives in the company's future performance.
#22 - Cheniere Energy
NYSE:LNG - See Stock Forecast- Stock Price:
- $252.70 (-$0.96)
- Market Cap:
- $56.70 billion
- P/E Ratio:
- 16.1
- Dividend Yield:
- 0.89%
- Consensus Rating:
- Moderate Buy (0 Strong Buy Ratings, 11 Buy Ratings, 1 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $231.18 (-8.5% Downside)
Cheniere Energy, Inc., an energy infrastructure company, primarily engages in the liquefied natural gas (LNG) related businesses in the United States. It owns and operates the Sabine Pass LNG terminal in Cameron Parish, Louisiana; and the Corpus Christi LNG terminal near Corpus Christi, Texas. The company also owns Creole Trail pipeline, a 94-mile natural gas supply pipeline that interconnects the Sabine Pass LNG Terminal with several interstate and intrastate pipelines; and operates Corpus Christi pipeline, a 21.5-mile natural gas supply pipeline that interconnects the Corpus Christi LNG terminal with various interstate and intrastate natural gas pipelines. It is also involved in the LNG and natural gas marketing business. The company was incorporated in 1983 and is headquartered in Houston, Texas.
#23 - China Petroleum & Chemical
NYSE:SNP - See Stock Forecast- Stock Price:
- $0.00
- Market Cap:
- $55.28 billion
- P/E Ratio:
- 4.7
- Dividend Yield:
- 18.07%
- Consensus Rating:
- N/A (0 Strong Buy Ratings, 0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- N/A
China Petroleum & Chemical Corporation, an energy and chemical company, engages in the oil and gas and chemical operations in Mainland China, Singapore, and internationally. It operates through five segments: Exploration and Production, Refining, Marketing and Distribution, Chemicals, and Corporate and Others. The company explores and develops oil fields; produces crude oil and natural gas; processes and purifies crude oil; and manufactures and sells petroleum products. It also owns and operates oil depots and service stations; and distributes and sells refined petroleum products, including gasoline and diesel through wholesale and retail sales networks. In addition, the company manufactures and sells petrochemical and derivative petrochemical products; and other chemical products, such as basic organic chemicals, synthetic resins, synthetic fiber monomers and polymers, synthetic fibers, synthetic rubber, and chemical fertilizers. Further, it is involved in the exploration, production, and sale of petroleum and natural gas; production, storage, and sale of petrochemical and coal chemical products; import and export of petroleum products, natural gas, petrochemical, and chemical products; production and sale of catalyst products, lubricant base oil, polyester chips and fibers, plastics, and intermediate petrochemical products; research, development, production, and sale of ethylene and downstream byproducts; provision of geophysical exploration, drilling, survey, logging, downhole operational services, and construction services, as well as crude oil jetty services and natural gas pipeline transmission services; manufacturing production equipment; and coal chemical industry investment management activities. The company was incorporated in 2000 and is headquartered in Beijing, China. China Petroleum & Chemical Corporation is a subsidiary of China Petrochemical Corporation.
A.I. GeneratedThese insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms.
Pros and Cons of China Petroleum & Chemical Stock
Pros
-
The company has a strong market presence in the energy and chemical sectors, operating in multiple regions including Mainland China and Singapore, which diversifies its revenue streams.
-
Recent advancements in refining technology have improved operational efficiency, potentially leading to higher profit margins on refined products.
-
As of the latest trading session, the stock price of China Petroleum & Chemical Co. is competitive, making it an attractive entry point for new investors looking for value in the petroleum refining industry.
Cons
-
The volatility of crude oil prices can significantly impact the company's profitability, as fluctuations may lead to unpredictable revenue streams.
-
Regulatory challenges in the energy sector, particularly concerning environmental policies, could impose additional costs and operational constraints on the company.
-
Increased competition from both domestic and international players in the petroleum refining market may pressure profit margins and market share.
#24 - CNOOC
NYSE:CEO - See Stock Forecast- Stock Price:
- $121.76
- Market Cap:
- $54.26 billion
- P/E Ratio:
- 2.9
- Consensus Rating:
- N/A (0 Strong Buy Ratings, 0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- N/A
Cnooc Limited is a company that engages primarily in the exploration, development and production of crude oil and natural gas offshore China. We are the dominant producer of crude oil and natural gas and the only company permitted to conduct exploration and production activities with international oil and gas companies offshore China.
A.I. GeneratedThese insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms.
Pros and Cons of CNOOC Stock
Pros
-
CNOOC Limited is the dominant producer of crude oil and natural gas offshore China, which positions the company favorably in a growing energy market.
-
The company has exclusive rights to conduct exploration and production activities with international oil and gas companies offshore China, enhancing its competitive advantage.
-
Recent stock performance shows a positive trend, with the current stock price reflecting strong investor confidence and market demand for energy resources.
Cons
-
Regulatory risks in China can impact operations, as government policies may change, affecting the company's ability to conduct business.
-
Fluctuations in global oil prices can significantly affect revenue, making the company vulnerable to market volatility.
-
Environmental concerns and increasing regulations on fossil fuels could pose challenges for CNOOC Limited's long-term growth prospects.
#25 - Diamondback Energy
NASDAQ:FANG - See Stock Forecast- Stock Price:
- $180.18 (+$1.06)
- Market Cap:
- $52.61 billion
- P/E Ratio:
- 10.3
- Dividend Yield:
- 2.06%
- Consensus Rating:
- Moderate Buy (2 Strong Buy Ratings, 18 Buy Ratings, 3 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $214.17 (18.9% Upside)
Diamondback Energy, Inc., an independent oil and natural gas company, acquires, develops, explores, and exploits unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas. It focuses on the development of the Spraberry and Wolfcamp formations of the Midland basin; and the Wolfcamp and Bone Spring formations of the Delaware basin, which are part of the Permian Basin in West Texas and New Mexico. The company also owns and operates midstream infrastructure assets, in the Midland and Delaware Basins of the Permian Basin. Diamondback Energy, Inc. was founded in 2007 and is headquartered in Midland, Texas.
A.I. GeneratedThese insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms.
Pros and Cons of Diamondback Energy Stock
Pros
-
Recent price target increases by analysts, with Wells Fargo raising it to $219.00, indicating a potential upside of 36.76% from the current stock price of $160.14.
-
Strong institutional support, with 90.01% of the stock owned by institutional investors, suggesting confidence in the company's future performance.
-
Positive stock performance, as the company has shown resilience with a market capitalization of $46.76 billion and a P/E ratio of 9.17, indicating it may be undervalued compared to its earnings.
Cons
-
High volatility indicated by a beta of 1.88, which means the stock is more volatile than the market, potentially leading to larger price swings.
-
Current financial ratios, such as a quick ratio of 0.42 and a current ratio of 0.45, suggest potential liquidity issues, indicating the company may struggle to meet short-term obligations.
-
Insider selling activity, with a director selling 1,150 shares, which could signal a lack of confidence in the company's short-term prospects.
#26 - Mplx
NYSE:MPLX - See Stock Forecast- Stock Price:
- $51.17 (+$0.36)
- Market Cap:
- $52.13 billion
- P/E Ratio:
- 12.1
- Dividend Yield:
- 7.91%
- Consensus Rating:
- Moderate Buy (0 Strong Buy Ratings, 8 Buy Ratings, 0 Hold Ratings, 1 Sell Ratings)
- Consensus Price Target:
- $49.89 (-2.5% Downside)
MPLX LP engages in the operation of midstream energy infrastructure and logistics assets, and distribution fuels services. It operates through the Logistics and Storage (L&S) and Gathering and Processing (G&P) segments. The Logistics and Storage segment transports, stores, distributes, and markets crude oil, asphalt, refined petroleum products, and water. The Gathering and Processing segment gathers, processes, and transports natural gas, and gathers, transports, fractionates, stores, and markets natural gas liquids (NGLs). The company was founded on March 27, 2012 and is headquartered in Findlay, OH.
A.I. GeneratedThese insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms.
Pros and Cons of Mplx Stock
Pros
-
Mplx Lp has shown a strong net margin of 36.77%, indicating efficient management and profitability, which can lead to higher returns for investors.
-
The company reported a year-over-year revenue increase of 2.1%, demonstrating growth potential in its operations, which is a positive sign for future earnings.
-
Analysts forecast an earnings per share (EPS) of 4.18 for the current fiscal year, suggesting that Mplx Lp is expected to maintain strong profitability moving forward.
Cons
-
The company missed its EPS consensus estimate by $0.04 in the latest earnings report, which may raise concerns about its ability to meet future expectations.
-
Mplx Lp has a debt-to-equity ratio of 1.40, indicating a relatively high level of debt compared to equity, which could pose risks in a rising interest rate environment.
-
Despite a positive revenue trend, the company’s revenue of $2.97 billion fell short of analyst estimates of $3.09 billion, suggesting potential challenges in meeting growth targets.
#27 - Phillips 66
NYSE:PSX - See Stock Forecast- Stock Price:
- $120.64 (+$1.01)
- Market Cap:
- $49.82 billion
- P/E Ratio:
- 15.5
- Dividend Yield:
- 4.04%
- Consensus Rating:
- Moderate Buy (0 Strong Buy Ratings, 11 Buy Ratings, 4 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $147.93 (22.6% Upside)
Phillips 66 operates as an energy manufacturing and logistics company in the United States, the United Kingdom, Germany, and internationally. It operates through four segments: Midstream, Chemicals, Refining, and Marketing and Specialties (M&S). The Midstream segment transports crude oil and other feedstocks; delivers refined petroleum products to market; provides terminaling and storage services for crude oil and refined petroleum products; transports, stores, fractionates, exports, and markets natural gas liquids; provides other fee-based processing services; and gathers, processes, transports, and markets natural gas. The Chemicals segment produces and markets ethylene and other olefin products; aromatics and styrenics products, such as benzene, cyclohexane, styrene, and polystyrene; and various specialty chemical products, including organosulfur chemicals, solvents, catalysts, and chemicals used in drilling and mining. The Refining segment refines crude oil and other feedstocks into petroleum products, such as gasolines, distillates, aviation, and renewable. The M&S segment purchases for resale and markets refined petroleum products, including gasolines, distillates, and aviation fuels. This segment also manufactures and markets specialty products, such as base oils and lubricants. Phillips 66 was founded in 1875 and is headquartered in Houston, Texas.
A.I. GeneratedThese insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms.
Pros and Cons of Phillips 66 Stock
Pros
-
Phillips 66 has received a "Moderate Buy" rating from multiple brokerages, indicating positive sentiment among analysts regarding the company's future performance.
-
The current stock price is approximately $116.02, which is relatively close to the average target price of $148.57 set by analysts, suggesting potential for price appreciation.
-
Recent earnings results showed that Phillips 66 reported an EPS of $2.04, exceeding analysts' expectations, which reflects strong operational performance.
Cons
-
Barclays recently cut its price target for Phillips 66 from $124.00 to $115.00, suggesting a potential downside from the current stock price.
-
The company has experienced a decline in revenue, with a reported decrease of 10.3% compared to the same quarter last year, which may raise concerns about its growth trajectory.
-
Phillips 66 has a relatively high beta of 1.38, indicating that its stock price is more volatile than the market, which could pose risks for conservative investors.
#28 - TC Energy
NYSE:TRP - See Stock Forecast- Stock Price:
- $47.39 (+$1.22)
- Market Cap:
- $49.23 billion
- P/E Ratio:
- 13.1
- Dividend Yield:
- 4.89%
- Consensus Rating:
- Hold (0 Strong Buy Ratings, 5 Buy Ratings, 2 Hold Ratings, 2 Sell Ratings)
- Consensus Price Target:
- $55.67 (17.5% Upside)
TC Energy Corporation operates as an energy infrastructure company in North America. It operates through five segments: Canadian Natural Gas Pipelines; U.S. Natural Gas Pipelines; Mexico Natural Gas Pipelines; Liquids Pipelines; and Power and Energy Solutions. The company builds and operates a network of 93,600 kilometers of natural gas pipelines, which transports natural gas from supply basins to local distribution companies, power generation plants, industrial facilities, interconnecting pipelines, LNG export terminals, and other businesses. It also has regulated natural gas storage facilities with a total working gas capacity of 532 billion cubic feet. In addition, it has approximately 4,900 kilometers of liquids pipeline system that connects Alberta crude oil pipeline to refining markets in Illinois, Oklahoma, Texas, and the United States Gulf Coast. Further, the company owns or has interests in power generation facilities with approximately 4,600 megawatts; and owns and operates approximately 118 billion cubic feet of non-regulated natural gas storage facilities in in Alberta, Ontario, Québec, and New Brunswick. The company was formerly known as TransCanada Corporation and changed its name to TC Energy Corporation in May 2019. TC Energy Corporation was founded in 1951 and is headquartered in Calgary, Canada.
A.I. GeneratedThese insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms.
Pros and Cons of TC Energy Stock
Pros
-
Recent earnings report showed a strong performance with an EPS of $0.76, exceeding the consensus estimate of $0.70, indicating robust profitability.
-
TC Energy Co. has increased its quarterly dividend to $0.822, reflecting a commitment to returning value to shareholders, which translates to an annualized yield of 6.88%.
-
The stock has received positive ratings from analysts, with several upgrades, including a recent upgrade to "overweight" from JPMorgan Chase & Co., suggesting potential for price appreciation.
Cons
-
Despite the positive earnings, the stock has received a "sell" rating from Goldman Sachs, indicating some analysts believe the stock may not perform well in the near term.
-
The dividend payout ratio is currently at 67.31%, which, while sustainable, may limit the company's ability to reinvest in growth opportunities.
-
Market volatility and regulatory challenges in the energy sector could impact TC Energy Co.'s operations and profitability, posing risks to investors.
#29 - Marathon Petroleum
NYSE:MPC - See Stock Forecast- Stock Price:
- $152.83 (+$1.13)
- Market Cap:
- $49.12 billion
- P/E Ratio:
- 12.1
- Dividend Yield:
- 2.56%
- Consensus Rating:
- Moderate Buy (1 Strong Buy Ratings, 9 Buy Ratings, 5 Hold Ratings, 2 Sell Ratings)
- Consensus Price Target:
- $181.20 (18.6% Upside)
Marathon Petroleum Corporation, together with its subsidiaries, operates as an integrated downstream energy company primarily in the United States. The company operates through Refining & Marketing, and Midstream segments. The Refining & Marketing segment refines crude oil and other feedstocks at its refineries in the Gulf Coast, Mid-Continent, and West Coast regions of the United States; and purchases refined products and ethanol for resale and distributes refined products, including renewable diesel, through transportation, storage, distribution, and marketing services. Its refined products include transportation fuels, such as reformulated gasolines and blend-grade gasolines; heavy fuel oil; and asphalt. This segment also manufactures propane and petrochemicals. It sells refined products to wholesale marketing customers in the United States and internationally, buyers on the spot market, and independent entrepreneurs who operate primarily Marathon branded outlets, as well as through long-term fuel supply contracts to direct dealer locations primarily under the ARCO brand. The Midstream segment transports, stores, distributes, and markets crude oil and refined products through refining logistics assets, pipelines, terminals, towboats, and barges; gathers, processes, and transports natural gas; and gathers, transports, fractionates, stores, and markets natural gas liquids. Marathon Petroleum Corporation was founded in 1887 and is headquartered in Findlay, Ohio.
A.I. GeneratedThese insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms.
Pros and Cons of Marathon Petroleum Stock
Pros
-
Marathon Petroleum Co. has a current stock price of $142.55, which is significantly lower than its twelve-month high of $221.11, suggesting potential for price appreciation.
-
The company recently announced a dividend increase to $0.91 per share, reflecting a commitment to returning value to shareholders. This translates to an annualized dividend of $3.64, providing a yield of 2.50%.
-
A share buyback program has been initiated, allowing the company to repurchase up to $5.00 billion in shares. This often indicates that the board believes the stock is undervalued, which can lead to an increase in share price.
Cons
-
Recent target price reductions from various analysts, including a cut from Scotiabank to $170.00, may indicate a bearish sentiment in the market regarding the company's future performance.
-
The stock has experienced significant volatility, with a beta of 1.42, suggesting that it is more volatile than the market, which could pose risks for conservative investors.
-
Marathon Petroleum Co. has a debt-to-equity ratio of 0.94, which, while manageable, indicates that the company is using a considerable amount of debt to finance its operations, potentially increasing financial risk.
#30 - ENI
NYSE:E - See Stock Forecast- Stock Price:
- $28.96 (+$0.21)
- Market Cap:
- $48.88 billion
- P/E Ratio:
- 17.3
- Dividend Yield:
- 5.10%
- Consensus Rating:
- Hold (0 Strong Buy Ratings, 3 Buy Ratings, 6 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $31.60 (9.1% Upside)
Eni SpA engages in the exploration, production, refining, and sale of oil, gas, electricity, and chemicals. It operates through the following segments: Exploration and Production, Global Gas and LNG Portfolio, Refining & Marketing and Chemicals, Power & Renewables, and Corporate and Other Activities. The Exploration and Production segment engages in research, development and production of oil, condensates and natural gas, forestry conservation (REDD+) and CO2 capture and storage projects. The Global Gas and LNG Portfolio segment refers to the supply and sale of wholesale natural gas by pipeline, international transport and purchase and marketing of LNG, which includes gas trading activities finalized to hedging and stabilizing the trade margins, as well as optimizing the gas asset portfolio. The Refining & Marketing and Chemicals segment engages in supply, processing, distribution, and marketing of fuels and chemicals. The Corporate and Other Activities segment includes the main business support functions in particular holding, central treasury, IT, human resources, real estate services, captive insurance activities, research and development, new technologies, business digitalization, and environmental activities. The company was founded on February 10, 1953 and is headquartered in Rome, Italy.
A.I. GeneratedThese insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms.
Pros and Cons of ENI Stock
Pros
-
Recent analyst upgrades have improved the stock's outlook, with StockNews.com raising Eni S.p.A. from a "hold" rating to a "buy" rating, indicating positive sentiment among market experts.
-
The current stock price of Eni S.p.A. is $28.14, reflecting a 1.6% increase recently, which may suggest a potential for further growth and investor interest.
-
Eni S.p.A. has diversified operations across various segments, including exploration, production, and renewable energy, which can help mitigate risks associated with fluctuations in oil and gas prices.
Cons
-
Jane Street Group LLC significantly reduced its stake in Eni S.p.A. by 86.1%, which may signal a lack of confidence from a major institutional investor.
-
Analysts have mixed ratings, with some downgrading the stock from "outperform" to "market perform," suggesting potential challenges ahead for the company's performance.
-
The stock has a price-to-earnings (P/E) ratio of 16.85, which, while not excessively high, may indicate that the stock is fairly valued, limiting upside potential for new investors.
#31 - Occidental Petroleum
NYSE:OXY - See Stock Forecast- Stock Price:
- $51.98 (-$0.32)
- Market Cap:
- $48.78 billion
- P/E Ratio:
- 13.5
- Dividend Yield:
- 1.72%
- Consensus Rating:
- Hold (1 Strong Buy Ratings, 6 Buy Ratings, 13 Hold Ratings, 1 Sell Ratings)
- Consensus Price Target:
- $62.19 (19.6% Upside)
Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States, the Middle East, and North Africa. It operates through three segments: Oil and Gas, Chemical, and Midstream and Marketing. The company's Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas. Its Chemical segment manufactures and markets basic chemicals, including chlorine, caustic soda, chlorinated organics, potassium chemicals, ethylene dichloride, chlorinated isocyanurates, sodium silicates, and calcium chloride; and vinyls comprising vinyl chloride monomer, polyvinyl chloride, and ethylene. The Midstream and Marketing segment gathers, processes, transports, stores, purchases, and markets oil, condensate, NGLs, natural gas, carbon dioxide, and power. This segment also invests in entities. Occidental Petroleum Corporation was founded in 1920 and is headquartered in Houston, Texas.
A.I. GeneratedThese insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms.
Pros and Cons of Occidental Petroleum Stock
Pros
-
Occidental Petroleum Co. has a solid annualized dividend of $0.88, translating to a dividend yield of 1.70%. This can provide a steady income stream for investors, especially in a volatile market.
-
Recent insider buying activity, particularly from major shareholder Berkshire Hathaway Inc., indicates confidence in the company's future. The acquisition of over 3.6 million shares suggests that insiders believe the stock is undervalued.
-
Institutional investors hold a significant 88.70% of Occidental Petroleum Co.'s stock, reflecting strong institutional confidence and support for the company's growth potential.
Cons
-
Despite the recent insider purchases, only 0.31% of the stock is owned by company insiders, which may indicate a lack of alignment between management and shareholder interests.
-
The company's dividend yield of 1.70% is relatively low compared to other investment opportunities, which may not attract income-focused investors.
-
Occidental Petroleum Co. operates in the oil and gas sector, which is subject to significant volatility due to fluctuating commodity prices, regulatory changes, and geopolitical risks.
#32 - Suncor Energy
NYSE:SU - See Stock Forecast- Stock Price:
- $39.02 (-$0.05)
- Market Cap:
- $48.57 billion
- P/E Ratio:
- 8.5
- Dividend Yield:
- 4.12%
- Consensus Rating:
- Moderate Buy (0 Strong Buy Ratings, 6 Buy Ratings, 3 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $58.00 (48.6% Upside)
Suncor Energy Inc. operates as an integrated energy company in Canada, the United States, and internationally. It operates through Oil Sands; Exploration and Production; and Refining and Marketing segments. The Oil Sands segment explores, develops, and produces bitumen, synthetic crude oil, and related products. This segment also engages in oil sands mining. The Exploration and Production segment is involved in offshore operations in the East Coast of Canada; and marketing and risk management of crude oil and natural gas. The Refining and Marketing segment engages in the refining of crude oil products; and distribution, marketing, transportation, and risk management of refined and petrochemical products, and other purchased products through the retail and wholesale networks. This segment is also involved in the trading of crude oil, refined products, natural gas, and power. The company was formerly known as Suncor Inc. and changed its name to Suncor Energy Inc. in April 1997. Suncor Energy Inc. was founded in 1917 and is headquartered in Calgary, Canada. Suncor Energy Inc.
A.I. GeneratedThese insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms.
Pros and Cons of Suncor Energy Stock
Pros
-
Suncor Energy Inc. has recently increased its quarterly dividend to $0.4089 per share, reflecting a commitment to returning value to shareholders. This increase indicates a strong financial position and a dividend yield of 4.69%, which can be attractive for income-focused investors.
-
The company has a market capitalization of approximately $43.85 billion, suggesting a stable and significant presence in the energy sector, which can provide a sense of security for investors.
-
Recent analyst ratings show a consensus of "Moderate Buy" with a price target of $56.40, indicating potential for price appreciation and positive market sentiment towards the stock.
Cons
-
The stock price has recently traded down to $34.85, which may indicate market concerns about the company's short-term performance and could deter potential investors.
-
Suncor Energy Inc. has a beta of 1.11, suggesting that its stock price is more volatile than the market. This increased volatility can lead to higher risk for investors, especially in uncertain market conditions.
-
Despite the recent dividend increase, the company's dividend payout ratio stands at 36.60%, which, while sustainable, may limit future increases if earnings do not grow significantly.
#33 - Baker Hughes A GE
NYSE:BHGE - See Stock Forecast- Stock Price:
- $46.54 (+$0.21)
- Market Cap:
- $48.30 billion
- P/E Ratio:
- 70.5
- Dividend Yield:
- 3.26%
- Consensus Rating:
- N/A (0 Strong Buy Ratings, 0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- N/A
Baker Hughes, a GE company provides integrated oilfield products, services, and digital solutions worldwide. Its Oilfield Services segment offers drilling, wireline, evaluation, completion, production, and intervention services; and drilling and completions fluids, completions tools and systems, wellbore intervention tools and services, artificial lift systems, pressure pumping systems, and oilfield and industrial chemicals for integrated oil and natural gas, and oilfield service companies. The company's Oilfield Equipment segment designs and manufactures products and services, including pressure control equipment and services, subsea production systems and services, drilling equipment, and flexible pipeline systems; and onshore and offshore drilling and production systems, and equipment for floating production platforms, as well as provides a range of services related to onshore and offshore drilling activities. Its Turbomachinery & Process Solutions segment provides equipment and related services for mechanical-drive, compression, and power-generation applications across the oil and gas industry, as well as products and services to serve the downstream segments of industry. Its product portfolio includes drivers, compressors, and turnkey solutions; and pumps, valves, and compressed natural gas and small-scale liquefied natural gas solutions. This segment serves upstream, midstream, onshore and offshore, industrial, engineering, procurement, and construction companies. The company's Digital Solutions segment provides sensor-based measurement, non-destructive testing and inspection, turbine, generator and plant controls, and condition monitoring, as well as pipeline integrity solutions for a range of industries, including oil and gas, power generation, aerospace, metals, and transportation. It serves through direct and indirect channels. The company is based in Houston, Texas. Baker Hughes, a GE company is a subsidiary of General Electric Company.
A.I. GeneratedThese insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms.
Pros and Cons of Baker Hughes A GE Stock
Pros
-
Baker Hughes A GE Co has a strong presence in the oil and gas industry, providing integrated oilfield products and services, which positions it well to capitalize on the ongoing demand for energy solutions.
-
The company has recently enhanced its digital solutions segment, offering advanced sensor-based measurement and pipeline integrity solutions, which are increasingly important in optimizing operations and reducing costs in the energy sector.
-
As of the latest market data, the stock price of Baker Hughes A GE Co is competitive, making it an attractive option for investors looking for value in the oil and gas machinery industry.
Cons
-
The oil and gas industry is subject to significant volatility due to fluctuating commodity prices, which can adversely affect the financial performance of Baker Hughes A GE Co.
-
Recent geopolitical tensions and regulatory changes in energy policies may pose risks to the operational stability and profitability of Baker Hughes A GE Co.
-
Competition in the oilfield services market is intense, with numerous players vying for market share, which could pressure margins and impact growth prospects.
#34 - Targa Resources
NYSE:TRGP - See Stock Forecast- Stock Price:
- $216.00 (+$3.05)
- Market Cap:
- $47.10 billion
- P/E Ratio:
- 39.1
- Dividend Yield:
- 1.55%
- Consensus Rating:
- Buy (1 Strong Buy Ratings, 13 Buy Ratings, 1 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $189.21 (-12.4% Downside)
Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of complementary domestic midstream infrastructure assets in North America. It operates in two segments, Gathering and Processing, and Logistics and Transportation. The company is involved in gathering, compressing, treating, processing, transporting, and selling natural gas; storing, fractionating, treating, transporting, and selling natural gas liquids (NGL) and NGL products, including services to liquefied petroleum gas exporters; and gathering, storing, terminaling, purchasing, and selling crude oil. It is also involved in the purchase and resale of NGL products; and sale of propane, as well as provision of related logistics services to multi-state retailers, independent retailers, and other end-users. In addition, the company offers NGL balancing services; and transportation services to refineries and petrochemical companies in the Gulf Coast area, as well as purchases, markets, and resells natural gas. As of December 31, 2023, it leased and managed approximately 605 railcars; 137 tractors; and 6 vacuum trucks and 2 pressurized NGL barges. Targa Resources Corp. was incorporated in 2005 and is headquartered in Houston, Texas.
A.I. GeneratedThese insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms.
Pros and Cons of Targa Resources Stock
Pros
-
The stock is currently trading at $176.79, reflecting a strong performance and potential for further appreciation.
-
Recent analyst upgrades have increased price targets significantly, with Stifel Nicolaus raising their target to $224.00, indicating strong market confidence.
-
The company reported an EPS of $1.75 for the latest quarter, surpassing expectations and demonstrating solid profitability.
Cons
-
Insider selling has been notable, with a director selling shares valued at over $23 million, which may raise concerns about the company's future prospects.
-
The company has a high debt-to-equity ratio of 3.05, indicating significant leverage that could pose risks in a volatile market.
-
Recent revenue of $3.85 billion fell short of analyst estimates of $4.24 billion, suggesting potential challenges in meeting growth expectations.
#35 - Hess
NYSE:HES - See Stock Forecast- Stock Price:
- $151.33 (+$1.60)
- Market Cap:
- $46.63 billion
- P/E Ratio:
- 17.6
- Dividend Yield:
- 1.40%
- Consensus Rating:
- Moderate Buy (0 Strong Buy Ratings, 6 Buy Ratings, 5 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $170.50 (12.7% Upside)
Hess Corporation, an exploration and production company, explores, develops, produces, purchases, transports, and sells crude oil, natural gas liquids (NGLs), and natural gas. The company operates in two segments, Exploration and Production, and Midstream. It conducts production operations primarily in the United States, Guyana, the Malaysia/Thailand Joint Development Area, and Malaysia; and exploration activities principally offshore Guyana, the U.S. Gulf of Mexico, and offshore Suriname and Canada. The company is also involved in gathering, compressing, and processing natural gas; fractionating NGLs; gathering, terminaling, loading, and transporting crude oil and NGL through rail car; and storing and terminaling propane, as well as providing water handling services primarily in the Bakken Shale plays in the Williston Basin area of North Dakota. The company was incorporated in 1920 and is headquartered in New York, New York.
A.I. GeneratedThese insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms.
Pros and Cons of Hess Stock
Pros
-
Hess Co. has a strong dividend yield of 1.47%, providing a steady income stream for investors. The company is set to distribute a dividend of $0.50 per share, which translates to an annualized dividend of $2.00.
-
Recent analyst upgrades indicate positive market sentiment, with target prices raised by firms like Wells Fargo & Company, which increased their target from $151.00 to $193.00, suggesting potential for stock price appreciation.
-
The company maintains a low dividend payout ratio of 23.31%, indicating that it retains a significant portion of its earnings for reinvestment, which can support future growth and stability.
Cons
-
Insider selling activity has been notable, with CEO John B. Hess selling 125,000 shares, which could signal a lack of confidence in the company's short-term performance.
-
The stock has experienced fluctuations in target prices from analysts, with some firms like Piper Sandler reducing their target from $173.00 to $167.00, indicating uncertainty in future valuations.
-
Despite a low dividend payout ratio, the overall market conditions for oil and gas companies can be volatile, which may impact Hess Co.'s profitability and stock performance.
#36 - Baker Hughes
NASDAQ:BKR - See Stock Forecast- Stock Price:
- $46.54 (+$0.21)
- Market Cap:
- $46.05 billion
- P/E Ratio:
- 20.9
- Dividend Yield:
- 1.94%
- Consensus Rating:
- Moderate Buy (0 Strong Buy Ratings, 17 Buy Ratings, 3 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $47.53 (2.1% Upside)
Baker Hughes Company provides a portfolio of technologies and services to energy and industrial value chain worldwide. The company operates through Oilfield Services & Equipment (OFSE) and Industrial & Energy Technology (IET) segments. The OFSE segment designs and manufactures products and provides related services, including exploration, appraisal, development, production, rejuvenation, and decommissioning for onshore and offshore oilfield operations. This segment also provides drilling services, drill bits, and drilling and completions fluids; completions, intervention, measurements, pressure pumping, and wireline services; artificial lift systems, and oilfield and industrial chemicals; subsea projects and services, flexible pipe systems, and surface pressure control systems; and integrated well services and solutions. It serves oil and natural gas companies; the United States and international independent oil and natural gas companies; national or state-owned oil companies; engineering, procurement, and construction contractors; geothermal companies; and other oilfield service companies. The IET segment provides gas technology equipment, including drivers, driven equipment, flow control, and turnkey solutions for the mechanical-drive, compression, and power-generation applications; and energy sectors, such as oil and gas, LNG operations, petrochemical, and carbon solutions. This segment also provides rack-based vibration monitoring equipment and sensors; integrated asset performance management products; inspection services; pumps, valves, and gears; precision sensors and instrumentation, and condition monitoring solutions. It serves upstream, midstream, downstream, onshore, offshore, and small and large scale customers. The company was formerly known as Baker Hughes, a GE company and changed its name to Baker Hughes Company in October 2019. Baker Hughes Company was incorporated in 2016 and is based in Houston, Texas.
A.I. GeneratedThese insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms.
Pros and Cons of Baker Hughes Stock
Pros
-
Baker Hughes has received multiple recent upgrades from analysts, with price targets raised significantly, indicating strong market confidence. For instance, Wells Fargo raised its target from $42.00 to $49.00, suggesting a potential upside of 18.33% from the current price.
-
The stock is currently trading at $41.41, which is near its 52-week high of $45.17, reflecting strong performance and investor interest.
-
Seventeen analysts have issued a buy rating for Baker Hughes, showcasing a consensus view of positive growth potential in the near term.
Cons
-
Despite recent upgrades, the stock has shown volatility, trading down $0.39 recently, which may indicate uncertainty in the market.
-
There are three analysts who have rated the stock with a hold rating, suggesting that not all market participants are confident in its immediate growth prospects.
-
The company has a quick ratio of 0.88, which is below 1, indicating potential liquidity issues that could affect its ability to meet short-term obligations.
#37 - Valero Energy
NYSE:VLO - See Stock Forecast- Stock Price:
- $141.21 (+$1.84)
- Market Cap:
- $44.70 billion
- P/E Ratio:
- 12.7
- Dividend Yield:
- 3.37%
- Consensus Rating:
- Moderate Buy (2 Strong Buy Ratings, 10 Buy Ratings, 2 Hold Ratings, 1 Sell Ratings)
- Consensus Price Target:
- $154.57 (9.5% Upside)
Valero Energy Corporation manufactures, markets, and sells petroleum-based and low-carbon liquid transportation fuels and petrochemical products in the United States, Canada, the United Kingdom, Ireland, Latin America, Mexico, Peru, and internationally. It operates through three segments: Refining, Renewable Diesel, and Ethanol. The company produces California Reformulated Gasoline Blendstock for Oxygenate Blending and Conventional Blendstock for Oxygenate Blending gasolines, CARB diesel, diesel, jet fuel, heating oil, and asphalt; feedstocks; aromatics; sulfur and residual fuel oil; intermediate oils; and sulfur, sweet, and sour crude oils. It sells its refined products through wholesale rack and bulk markets; and through outlets under the Valero, Beacon, Diamond Shamrock, Shamrock, Ultramar, and Texaco brands. The company owns and operates renewable diesel and ethanol plants, as well as produces renewable diesel and naphtha under the Diamond Green Diesel brand name. In addition, it offers ethanol and various co-products, including dry distiller grains, syrup, and inedible distillers corn oil to animal feed customers. The company was formerly known as Valero Refining and Marketing Company and changed its name to Valero Energy Corporation in August 1997. Valero Energy Corporation was founded in 1980 and is headquartered in San Antonio, Texas.
A.I. GeneratedThese insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms.
Pros and Cons of Valero Energy Stock
Pros
-
Valero Energy Co. recently reported earnings per share (EPS) of $1.14, exceeding analysts' expectations of $0.98, indicating strong financial performance.
-
The company has announced an increase in its quarterly dividend to $1.13 per share, reflecting a commitment to returning value to shareholders, with an annualized dividend yield of 3.20%.
-
Valero Energy Co. has a solid market capitalization of $44.70 billion, which suggests stability and the potential for growth in the energy sector.
Cons
-
The company's revenue decreased by 14.4% compared to the same quarter last year, which may indicate challenges in maintaining sales growth.
-
Valero Energy Co. has a net margin of 2.74%, which is relatively low and could suggest limited profitability compared to competitors.
-
Analysts have recently adjusted their price targets downward, with some reducing their expectations for the stock's performance, which may reflect concerns about future growth.
#38 - Anadarko Petroleum
NYSE:APC - See Stock Forecast- Stock Price:
- $72.77
- Market Cap:
- $36.56 billion
- P/E Ratio:
- 32.2
- Dividend Yield:
- 1.66%
- Consensus Rating:
- N/A (0 Strong Buy Ratings, 0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- N/A
Anadarko Petroleum Corporation engages in the exploration, development, production, and marketing of oil and gas properties. It operates through three segments: Exploration and Production, WES Midstream, and Other Midstream. The company explores for and produces oil, natural gas, and natural gas liquids (NGLs). It is also involved in gathering, processing, treating, and transporting oil, natural-gas, and NGLs production, as well as the gathering and disposal of produced water. The company's oil and natural gas properties are located in the United States onshore and deepwater Gulf of Mexico; and Algeria, Ghana, Mozambique, Colombia, Peru, and other countries. As of December 31, 2018, it had approximately 1.5 billion barrels of oil equivalent of proved reserves. The company was founded in 1959 and is headquartered in The Woodlands, Texas.
A.I. GeneratedThese insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms.
Pros and Cons of Anadarko Petroleum Stock
Pros
-
Anadarko Petroleum Co. has a strong portfolio of proved reserves, with approximately 1.5 billion barrels of oil equivalent, which provides a solid foundation for future production and revenue generation.
-
The company operates in multiple regions, including the United States and several international markets, which diversifies its risk and allows it to capitalize on various oil and gas opportunities.
-
Recent advancements in technology and operational efficiency have improved Anadarko's production capabilities, potentially leading to higher profit margins and returns for investors.
Cons
-
The oil and gas industry is subject to significant price volatility, which can impact Anadarko's revenue and profitability, especially during periods of declining oil prices.
-
Regulatory challenges and environmental concerns surrounding fossil fuel extraction may pose risks to Anadarko's operations and future growth prospects.
-
Competition in the oil and gas sector is intense, and Anadarko may face challenges in maintaining its market share against larger, more established companies.
#39 - Texas Pacific Land
NYSE:TPL - See Stock Forecast- Stock Price:
- $1,409.30 (+$16.31)
- Market Cap:
- $32.39 billion
- P/E Ratio:
- 72.3
- Dividend Yield:
- 0.49%
- Consensus Rating:
- Moderate Buy (0 Strong Buy Ratings, 1 Buy Ratings, 1 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $694.17 (-50.7% Downside)
Texas Pacific Land Corporation engages in the land and resource management, and water services and operations businesses. The company owns a 1/128th nonparticipating perpetual oil and gas royalty interest (NPRI) under approximately 85,000 acres of land; a 1/16th NPRI under approximately 371,000 acres of land; and approximately 4,000 additional net royalty acres, total of approximately 195,000 NRA located in the western part of Texas. The Land and Resource Management segment manages surface acres of land, and oil and gas royalty interest in West Texas. This segment also engages in easements, such as transporting oil, gas and related hydrocarbons, power line and utility, and subsurface wellbore easements. In addition, this segment leases its land for processing, storage, and compression facilities and roads; and is involved in sale of materials, such as caliche, sand, and other material, as well as sells land. The Water Services and Operations segment provides full-service water offerings, including water sourcing, produced-water treatment, infrastructure development, and disposal solutions to operators in the Permian Basin. This segment also holds produced water royalties. Texas Pacific Land Corporation was founded in 1888 and is headquartered in Dallas, Texas.
#40 - EQT
NYSE:EQT - See Stock Forecast- Stock Price:
- $52.93 (-$0.85)
- Market Cap:
- $31.58 billion
- P/E Ratio:
- 63.0
- Dividend Yield:
- 1.29%
- Consensus Rating:
- Moderate Buy (0 Strong Buy Ratings, 11 Buy Ratings, 7 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $49.89 (-5.8% Downside)
EQT Corporation operates as a natural gas production company in the United States. The company sells natural gas and natural gas liquids to marketers, utilities, and industrial customers through pipelines located in the Appalachian Basin. It also offers marketing services and contractual pipeline capacity management services. The company was formerly known as Equitable Resources Inc. and changed its name to EQT Corporation in February 2009. EQT Corporation was founded in 1878 and is headquartered in Pittsburgh, Pennsylvania.
A.I. GeneratedThese insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms.
Pros and Cons of EQT Stock
Pros
-
Recent analyst upgrades have increased the target price for EQT Co. to as high as $52.00, indicating strong potential for price appreciation.
-
The stock is currently trading at $42.65, which is near its 12-month high of $48.02, suggesting that it is performing well in the market.
-
EQT Co. reported a quarterly earnings per share (EPS) of $0.12, exceeding analysts' expectations, which reflects strong operational performance.
Cons
-
The stock has a relatively high price-to-earnings (P/E) ratio of 50.77, which may indicate that it is overvalued compared to its earnings.
-
Despite recent revenue growth, the company reported a net margin of only 5.52%, suggesting potential challenges in profitability.
-
There is a mixed analyst sentiment with one sell rating and several hold ratings, indicating uncertainty about the stock's future performance.
#41 - Cheniere Energy Partners
NYSE:CQP - See Stock Forecast- Stock Price:
- $62.09 (+$0.16)
- Market Cap:
- $30.05 billion
- P/E Ratio:
- 13.4
- Dividend Yield:
- 5.52%
- Consensus Rating:
- Strong Sell (0 Strong Buy Ratings, 0 Buy Ratings, 0 Hold Ratings, 3 Sell Ratings)
- Consensus Price Target:
- $51.67 (-16.8% Downside)
Cheniere Energy Partners, L.P., through its subsidiaries, provides liquefied natural gas (LNG) to integrated energy companies, utilities, and energy trading companies worldwide. The company owns and operates natural gas liquefaction and export facility at the Sabine Pass LNG Terminal located in Cameron Parish, Louisiana. It also owns a natural gas supply pipeline that interconnects the Sabine Pass LNG terminal with various interstate pipelines. The company was founded in 2003 and is headquartered in Houston, Texas. Cheniere Energy Partners, L.P. is a subsidiary of Cheniere Energy, Inc.
#42 - Cenovus Energy
NYSE:CVE - See Stock Forecast- Stock Price:
- $15.06 (+$0.22)
- Market Cap:
- $27.48 billion
- P/E Ratio:
- 10.4
- Dividend Yield:
- 3.30%
- Consensus Rating:
- Moderate Buy (0 Strong Buy Ratings, 5 Buy Ratings, 1 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $30.00 (99.3% Upside)
Cenovus Energy Inc., together with its subsidiaries, develops, produces, refines, transports, and markets crude oil, natural gas, and refined petroleum products in Canada and internationally. The company operates through Oil Sands, Conventional, Offshore, Canadian Refining, and U.S. Refining segments. The Oil Sands segment develops and produces bitumen and heavy oil in northern Alberta and Saskatchewan. This segment assets include Foster Creek, Christina Lake, and Sunrise projects, as well as Lloydminster thermal and conventional heavy oil assets. The Conventional segment holds natural gas liquids and natural gas assets primarily located in Elmworth-Wapiti, Kaybob-Edson, Clearwater, and Rainbow Lake operating in Alberta and British Columbia, as well as interests in various natural gas processing facilities. The offshore segment engages in offshore operation, exploration, and development activities in China and the East Coast of Canada. The Canadian Refining segment owns and operates Lloydminster upgrading and asphalt refining complex, which converts heavy oil and bitumen into synthetic crude oil, diesel, asphalt, and other ancillary products, as well as Bruderheim crude-by-rail terminal and ethanol plants. The U.S. Refining segment refines crude oil to produce gasoline, diesel, jet fuel, asphalt, and other products. Cenovus Energy Inc. is headquartered in Calgary, Canada.
A.I. GeneratedThese insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms.
Pros and Cons of Cenovus Energy Stock
Pros
-
The company reported a strong quarterly earnings result, with an EPS of $0.42, surpassing analysts' expectations of $0.34, indicating robust financial performance.
-
Cenovus Energy Inc. has a market capitalization of $28.16 billion, which reflects its significant size and stability in the oil and gas sector.
-
Recent institutional investments, such as the Public Employees Retirement System of Ohio acquiring a $4.02 million stake, suggest growing confidence in the company's future prospects.
Cons
-
The stock has experienced a decline, trading down 2.5% recently, which may indicate volatility and uncertainty in the market.
-
Analysts have downgraded the stock from "strong-buy" to "hold," suggesting a more cautious outlook on its short-term performance.
-
International Assets Investment Management LLC significantly reduced its position by 93.7%, which could signal a lack of confidence among some investors.
#43 - Continental Resources
NYSE:CLR - See Stock Forecast- Stock Price:
- $0.00
- Market Cap:
- $26.96 billion
- P/E Ratio:
- 7.5
- Dividend Yield:
- 1.51%
- Consensus Rating:
- N/A (0 Strong Buy Ratings, 0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- N/A
Continental Resources, Inc. is an independent oil producer engaged in the exploration, development, and production of crude oil and natural gas. The firm's operations include horizontal drilling and protecting groundwater. The company was founded by Harold G. Hamm in 1967 and is headquartered in Oklahoma City, OK.
A.I. GeneratedThese insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms.
Pros and Cons of Continental Resources Stock
Pros
-
Continental Resources, Inc. has a strong focus on horizontal drilling, which is a more efficient method of extracting oil and gas compared to traditional vertical drilling. This can lead to higher production rates and lower costs.
-
The company is well-positioned in the crude oil and natural gas market, benefiting from the ongoing demand for energy resources, which can lead to increased revenues and profitability.
-
As of January 2025, the stock price of Continental Resources, Inc. is competitive within the industry, making it an attractive option for investors looking for growth in the energy sector.
Cons
-
The oil and gas industry is subject to significant price volatility, which can impact the profitability of Continental Resources, Inc. and lead to unpredictable stock performance.
-
Environmental concerns and regulations are increasing, which could impose additional costs on operations and affect the company's ability to expand or maintain its current practices.
-
Continental Resources, Inc. operates in a highly competitive market, and any failure to innovate or adapt to market changes could result in a loss of market share.
#44 - Halliburton
NYSE:HAL - See Stock Forecast- Stock Price:
- $29.96 (+$0.69)
- Market Cap:
- $26.32 billion
- P/E Ratio:
- 10.4
- Dividend Yield:
- 2.52%
- Consensus Rating:
- Moderate Buy (0 Strong Buy Ratings, 14 Buy Ratings, 6 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $38.26 (27.7% Upside)
Halliburton Company provides products and services to the energy industry worldwide. It operates through two segments, Completion and Production, and Drilling and Evaluation. The Completion and Production segment offers production enhancement services that include stimulation and sand control services; cementing services, such as well bonding and casing, and casing equipment; and completion tools that offer downhole solutions and services, including well completion products and services, intelligent well completions, and service tools, as well as liner hanger, sand control, and multilateral systems. This segment also provides electrical submersible pumps, as well as artificial lift services; production solutions comprising coiled tubing, hydraulic workover units, downhole tools, and pumping and nitrogen services; pipeline and process services, such as pre-commissioning, commissioning, maintenance, and decommissioning; and specialty chemicals and services. The Drilling and Evaluation segment offers drilling fluid systems, performance additives, completion fluids, solids control, specialized testing equipment, and waste management services; drilling systems and services; wireline and perforating services consists of open-hole logging, and cased-hole and slickline; and drill bits and services comprising roller cone rock bits, fixed cutter bits, hole enlargement, and related downhole tools and services, as well as coring equipment and services. This segment also provides cloud based digital services and artificial intelligence solutions on an open architecture for subsurface insights, integrated well construction, and reservoir and production management; testing and subsea services, such as acquisition and analysis of reservoir information and optimization solutions; and project management and integrated asset management services. Halliburton Company was founded in 1919 and is based in Houston, Texas.
A.I. GeneratedThese insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms.
Pros and Cons of Halliburton Stock
Pros
-
Halliburton has received multiple "buy" ratings from analysts, indicating strong confidence in its future performance. Recent reports from Benchmark and Goldman Sachs reaffirm a price target of $40.00, suggesting potential upside from the current stock price of $25.97.
-
The company recently announced a quarterly dividend of $0.17 per share, translating to an annualized dividend of $0.68 and a yield of approximately 2.62%. This consistent dividend payment can provide a steady income stream for investors.
-
Halliburton's market capitalization stands at approximately $22.81 billion, which reflects its significant presence in the energy sector and potential for growth as demand for energy services increases.
Cons
-
Halliburton's revenue for the latest quarter was down 1.8% compared to the same period last year, which may indicate challenges in maintaining growth in a competitive market.
-
The company missed analysts' consensus estimates for earnings per share by $0.02, which could raise concerns about its ability to meet future expectations.
-
Recent downgrades from UBS Group and Royal Bank of Canada, which lowered their price targets and ratings, suggest that some analysts are cautious about Halliburton's near-term performance.
#45 - Devon Energy
NYSE:DVN - See Stock Forecast- Stock Price:
- $37.98 (-$0.44)
- Market Cap:
- $24.95 billion
- P/E Ratio:
- 7.0
- Dividend Yield:
- 2.45%
- Consensus Rating:
- Moderate Buy (0 Strong Buy Ratings, 14 Buy Ratings, 8 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $49.27 (29.7% Upside)
Devon Energy Corporation, an independent energy company, engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. It operates in Delaware, Eagle Ford, Anadarko, Williston, and Powder River Basins. The company was founded in 1971 and is headquartered in Oklahoma City, Oklahoma.
A.I. GeneratedThese insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms.
Pros and Cons of Devon Energy Stock
Pros
-
Devon Energy Co. recently reported earnings of $1.10 per share, exceeding the consensus estimate of $1.09, indicating strong financial performance and effective management.
-
The company has a solid return on equity of 24.73%, which reflects its ability to generate profit from shareholders' equity, making it an attractive option for investors seeking efficient capital use.
-
With a current stock price of $37.98, Devon Energy Co. is trading below several analysts' price targets, suggesting potential for price appreciation as the market corrects.
Cons
-
Analysts have recently lowered price targets for Devon Energy Co., with Scotiabank reducing theirs from $60.00 to $48.00, which may indicate a bearish outlook on the stock's near-term performance.
-
The stock has experienced volatility, with a beta of 2.00, suggesting that it is more volatile than the market, which could pose risks for conservative investors.
-
Devon Energy Co. has a debt-to-equity ratio of 0.61, which, while manageable, indicates that the company is using a significant amount of debt to finance its operations, potentially increasing financial risk.
#46 - Chesapeake Energy
NASDAQ:EXE - See Stock Forecast- Stock Price:
- $106.36 (-$1.42)
- Market Cap:
- $24.58 billion
- P/E Ratio:
- 65.7
- Dividend Yield:
- 2.25%
- Consensus Rating:
- Moderate Buy (1 Strong Buy Ratings, 10 Buy Ratings, 3 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $115.38 (8.5% Upside)
Expand Energy Corporation is an independent natural gas producer principally in the United States. Expand Energy Corporation, formerly known as Chesapeake Energy Corporation, is based in OKLAHOMA CITY.
#47 - Pembina Pipeline
NYSE:PBA - See Stock Forecast- Stock Price:
- $37.47 (+$0.41)
- Market Cap:
- $21.75 billion
- P/E Ratio:
- 15.5
- Dividend Yield:
- 5.38%
- Consensus Rating:
- Hold (0 Strong Buy Ratings, 3 Buy Ratings, 4 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $56.50 (50.8% Upside)
Pembina Pipeline Corporation provides energy transportation and midstream services. It operates through three segments: Pipelines, Facilities, and Marketing & New Ventures. The Pipelines segment operates conventional, oil sands and heavy oil, and transmission assets with a transportation capacity of 2.9 millions of barrels of oil equivalent per day, the ground storage capacity of 10 millions of barrels, and rail terminalling capacity of approximately 105 thousands of barrels of oil equivalent per day serving markets and basins across North America. The Facilities segment offers infrastructure that provides customers with natural gas, condensate, and natural gas liquids (NGLs), including ethane, propane, butane, and condensate; and includes 354 thousands of barrels per day of NGL fractionation capacity, 21 millions of barrels of cavern storage capacity, and associated pipeline, and rail terminalling facilities and a liquefied propane export facility. The Marketing & New Ventures segment buys and sells hydrocarbon liquids and natural gas originating in the Western Canadian sedimentary basin and other basins. Pembina Pipeline Corporation was incorporated in 1954 and is headquartered in Calgary, Canada.
#48 - Coterra Energy
NYSE:CTRA - See Stock Forecast- Stock Price:
- $29.51 (-$0.32)
- Market Cap:
- $21.74 billion
- P/E Ratio:
- 17.8
- Dividend Yield:
- 3.02%
- Consensus Rating:
- Moderate Buy (1 Strong Buy Ratings, 16 Buy Ratings, 2 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $32.76 (11.0% Upside)
Coterra Energy Inc., an independent oil and gas company, engages in the development, exploration, and production of oil, natural gas, and natural gas liquids in the United States. The company's properties include the Marcellus Shale with approximately 186,000 net acres in the dry gas window of the play located in Susquehanna County, Pennsylvania; Permian Basin properties with approximately 296,000 net acres located in west Texas and southeast New Mexico; and Anadarko Basin properties with approximately 182,000 net acres located in Oklahoma. It also operates natural gas and saltwater gathering and disposal systems in Texas. The company sells its natural gas to industrial customers, local distribution companies, oil and gas marketers, major energy companies, pipeline companies, and power generation facilities. Coterra Energy Inc. was incorporated in 1989 and is headquartered in Houston, Texas.
A.I. GeneratedThese insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms.
Pros and Cons of Coterra Energy Stock
Pros
-
The stock is currently trading at $26.33, showing a recent upward trend which may indicate positive market sentiment.
-
Analysts have a consensus rating of "Moderate Buy" with an average price target of $32.53, suggesting potential for price appreciation.
-
Coterra Energy Inc. reported a revenue of $1.36 billion in its latest earnings, exceeding analysts' expectations, which reflects strong operational performance.
Cons
-
The company missed earnings estimates by $0.03 in its latest report, which may raise concerns about its profitability and operational efficiency.
-
Despite a strong revenue report, the earnings per share decreased from $0.47 in the same quarter last year to $0.32, indicating potential challenges in maintaining profitability.
-
JPMorgan Chase recently reduced their price target from $31.00 to $26.00, which may reflect a more cautious outlook on the stock's performance.
#49 - First Solar
NASDAQ:FSLR - See Stock Forecast- Stock Price:
- $192.88 (+$1.99)
- Market Cap:
- $20.65 billion
- P/E Ratio:
- 16.6
- Consensus Rating:
- Buy (2 Strong Buy Ratings, 23 Buy Ratings, 2 Hold Ratings, 0 Sell Ratings)
- Consensus Price Target:
- $277.75 (44.0% Upside)
First Solar, Inc., a solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, Japan, Chile, and internationally. The company manufactures and sells PV solar modules with a thin film semiconductor technology that provides a lower-carbon alternative to conventional crystalline silicon PV solar modules. It designs, manufactures, and sells cadmium telluride solar modules that converts sunlight into electricity. The company's residual business operations include project development activities, operations and maintenance services, and the sale of PV solar power systems to third-party customers. It serves developers and operators of systems, utilities, independent power producers, commercial and industrial companies, and other system owners. The company was formerly known as First Solar Holdings, Inc. and changed its name to First Solar, Inc. in 2006. First Solar, Inc. was founded in 1999 and is headquartered in Tempe, Arizona.
#50 - Ecopetrol
NYSE:EC - See Stock Forecast- Stock Price:
- $8.47 (-$0.17)
- Market Cap:
- $17.40 billion
- P/E Ratio:
- 3.7
- Dividend Yield:
- 16.49%
- Consensus Rating:
- Strong Sell (0 Strong Buy Ratings, 0 Buy Ratings, 1 Hold Ratings, 3 Sell Ratings)
- Consensus Price Target:
- $8.50 (0.4% Upside)
Ecopetrol S.A. operates as an integrated energy company. The company operates through four segments: Exploration and Production; Transport and Logistics; Refining, Petrochemical and Biofuels; and Electric Power Transmission and Toll Roads Concessions. It engages in the exploration and production of oil and gas; transportation of crude oil, motor fuels, fuel oil, and other refined products, including diesel, jet, and biofuels; processing and refining crude oil; distribution of natural gas and LPG; sale of refined and petrochemical products; supplying of electric power transmission services; design, development, construction, operation, and maintenance of road and energy infrastructure projects; and supplying of information technology and telecommunications services. As of December 31, 2022, the company had approximately 9,127 kilometers of crude oil and multi-purpose pipelines. It also produces and commercializes polypropylene resins and compounds, and masterbatches; and offers industrial service sales to customers and specialized management services. It has operations in Colombia, the United States, Asia, Central America and the Caribbean, Europe, and South America. The company was formerly known as Empresa Colombiana de Petróleos and changed its name to Ecopetrol S.A. in June 2003. Ecopetrol S.A. was incorporated in 1948 and is headquartered in Bogotá, Colombia.
A.I. GeneratedThese insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms.
Pros and Cons of Ecopetrol Stock
Pros
-
The current stock price of Ecopetrol S.A. is $7.89, which may present a buying opportunity for investors looking for undervalued stocks in the energy sector.
-
Ecopetrol S.A. operates in multiple segments, including exploration and production, refining, and logistics, which diversifies its revenue streams and reduces risk associated with reliance on a single market.
-
Recent institutional interest, with several funds increasing their stakes, indicates confidence in the company's future performance and potential for growth.
Cons
-
Recent downgrades from analysts, including a reduction in price targets, suggest a bearish outlook on the stock's performance, which could lead to further declines.
-
The company has faced significant selling pressure, as evidenced by Virtu Financial LLC reducing its holdings by 73.7%, indicating a lack of confidence from some institutional investors.
-
With a consensus rating of "Reduce" from analysts, there is a prevailing sentiment that the stock may not perform well in the near term.
