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Analysts Offer Insights on Energy Companies: Mach Natural Resources LP (MNR), Helmerich & Payne (HP) and Murphy Oil (MUR)

Tipranks - Sat May 9, 11:56AM CDT

Analysts have been eager to weigh in on the Energy sector with new ratings on Mach Natural Resources LP (MNR), Helmerich & Payne (HP) and Murphy Oil (MUR).

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Mach Natural Resources LP (MNR)

In a report released today, Gabriel Daoud from Truist Financial maintained a Hold 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, Daoud has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -12.4% and a 34.4% success rate. Daoud covers the NA sector, focusing on stocks such as Enterprise Products Partners, Riley Exploration Permian, and Occidental Petroleum. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Mach Natural Resources LP with a $19.33 average price target.

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Helmerich & Payne (HP)

In a report released today, Jason Bandel from Evercore ISI maintained a Buy rating on Helmerich & Payne, with a price target of $43.00. The company’s shares closed last Friday at $37.37.

According to TipRanks.com, Bandel is a 4-star analyst with an average return of 21.7% and a 50.0% success rate. Bandel covers the NA sector, focusing on stocks such as Noble Corporation, Bristow Group, and TechnipFMC. ;'>

Helmerich & Payne has an analyst consensus of Moderate Buy, with a price target consensus of $39.60, which is a 7.8% upside from current levels. In a report released yesterday, Piper Sandler also maintained a Buy rating on the stock with a $41.00 price target.

Murphy Oil (MUR)

In a report released today, Chris Baker from Evercore ISI maintained a Hold rating on Murphy Oil, with a price target of $42.00. The company’s shares closed last Friday at $37.86.

According to TipRanks.com, Baker is a 5-star analyst with an average return of 60.8% and a 92.0% success rate. Baker covers the NA sector, focusing on stocks such as Granite Ridge Resources, Vitesse Energy, Inc., and BKV Corporation. ;'>

Currently, the analyst consensus on Murphy Oil is a Hold with an average price target of $41.00, which is a 7.3% upside from current levels. In a report issued on April 27, Wells Fargo also maintained a Hold rating on the stock with a $42.00 price target.

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