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Analysts Offer Insights on Energy Companies: Valero Energy (VLO), EOG Resources (EOG) and Chevron (CVX)

Tipranks - Wed Apr 15, 6:29AM CDT

There’s a lot to be optimistic about in the Energy sector as 3 analysts just weighed in on Valero Energy (VLO), EOG Resources (EOG) and Chevron (CVX) with bullish sentiments.

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Valero Energy (VLO)

In a report released today, Sam Margolin from Wells Fargo maintained a Buy rating on Valero Energy, with a price target of $292.00. The company’s shares closed last Monday at $242.08.

According to TipRanks.com, Margolin is a 5-star analyst with an average return of 12.7% and a 69.0% success rate. Margolin covers the NA sector, focusing on stocks such as Tamboran Resources Corporation, California Resources Corp, and HF Sinclair Corporation. ;'>

Currently, the analyst consensus on Valero Energy is a Moderate Buy with an average price target of $244.56, a 0.6% upside from current levels. In a report issued on March 31, TipRanks – xAI also upgraded the stock to Buy with a $282.00 price target.

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EOG Resources (EOG)

Wells Fargo analyst Hanwen Chang maintained a Buy rating on EOG Resources today and set a price target of $199.00. The company’s shares closed last Monday at $136.96, close to its 52-week high of $139.67.

According to TipRanks.com, Chang is a 4-star analyst with an average return of 12.0% and a 59.3% success rate. Chang covers the NA sector, focusing on stocks such as Crescent Energy Company Class A, LandBridge Company LLC Class A, and Magnolia Oil & Gas. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for EOG Resources with a $150.20 average price target, implying an 8.2% upside from current levels. In a report issued on April 1, BMO Capital also maintained a Buy rating on the stock with a $160.00 price target.

Chevron (CVX)

BMO Capital analyst Phillip Jungwirth maintained a Buy rating on Chevron today and set a price target of $205.00. The company’s shares closed last Monday at $191.78.

According to TipRanks.com, Jungwirth is a 4-star analyst with an average return of 7.7% and a 52.2% success rate. Jungwirth covers the NA sector, focusing on stocks such as Flowco Holdings Inc Class A, Weatherford International, and HF Sinclair Corporation. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Chevron with a $210.95 average price target, implying a 10.2% upside from current levels. In a report issued on April 9, Tudor Pickering also upgraded the stock to Buy with a $225.00 price target.

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