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Analysts Are Bullish on These Energy Stocks: DT Midstream (DTM), Conocophillips (COP)

Tipranks - Tue May 5, 6:20AM CDT

There’s a lot to be optimistic about in the Energy sector as 3 analysts just weighed in on DT Midstream (DTM), Conocophillips (COP) and Mach Natural Resources LP (MNR) with bullish sentiments.

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DT Midstream (DTM)

Citi analyst Spiro M. Dounis maintained a Buy rating on DT Midstream today and set a price target of $169.00. The company’s shares closed last Friday at $147.46.

According to TipRanks.com, Dounis is a 5-star analyst with an average return of 9.6% and a 65.9% success rate. Dounis covers the NA sector, focusing on stocks such as Venture Global, Inc. Class A, Enterprise Products Partners, and Cheniere Energy Partners. ;'>

DT Midstream has an analyst consensus of Moderate Buy, with a price target consensus of $150.67, representing a 2.0% upside. In a report issued on April 30, Raymond James also maintained a Buy rating on the stock with a $158.00 price target.

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Conocophillips (COP)

Goldman Sachs analyst Neil Mehta reiterated a Buy rating on Conocophillips on April 30 and set a price target of $144.00. The company’s shares closed last Friday at $123.19.

According to TipRanks.com, Mehta is a 5-star analyst with an average return of 12.8% and a 64.2% success rate. Mehta covers the NA sector, focusing on stocks such as Occidental Petroleum, Par Pacific Holdings, and Magnolia Oil & Gas. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Conocophillips with a $142.70 average price target, representing a 14.2% upside. In a report issued on April 15, TipRanks – xAI also upgraded the stock to Buy with a $141.00 price target.

Mach Natural Resources LP (MNR)

In a report released today, Neal Dingmann from William Blair maintained a Buy rating on Mach Natural Resources LP. The company’s shares closed last Friday at $13.78, close to its 52-week low of $13.53.

According to TipRanks.com, Dingmann is a 4-star analyst with an average return of 3.6% and a 49.7% success rate. Dingmann covers the NA sector, focusing on stocks such as Crescent Energy Company Class A, Kodiak Gas Services, Inc., and Riley Exploration Permian. ;'>

Mach Natural Resources LP has an analyst consensus of Moderate Buy, with a price target consensus of $18.00.

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