Skip to main content
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Offer Insights on Energy Companies: Marathon Petroleum (MPC) and Weatherford International (WFRD)

Tipranks - Thu Feb 5, 6:58AM CST

There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on Marathon Petroleum (MPCResearch Report) and Weatherford International (WFRDResearch Report) with bullish sentiments.

Claim 50% Off TipRanks Premium

Marathon Petroleum (MPC)

Morgan Stanley analyst Joe Laetsch reiterated a Buy rating on Marathon Petroleum today and set a price target of $200.00. The company’s shares closed last Tuesday at $187.58.

According to TipRanks.com, Laetsch is a 1-star analyst with an average return of -1.0% and a 56.3% success rate. Laetsch covers the NA sector, focusing on stocks such as Liberty Oilfield Services, HF Sinclair Corporation, and Delek US Holdings. ;'>

Marathon Petroleum has an analyst consensus of Moderate Buy, with a price target consensus of $198.08, implying a 9.6% upside from current levels. In a report released today, TD Cowen also maintained a Buy rating on the stock with a $198.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Weatherford International (WFRD)

In a report released today, Derek Podhaizer from Piper Sandler maintained a Buy rating on Weatherford International, with a price target of $95.00. The company’s shares closed last Tuesday at $95.99.

According to TipRanks.com, Podhaizer is a 4-star analyst with an average return of 12.5% and a 66.1% success rate. Podhaizer covers the NA sector, focusing on stocks such as National Energy Services Reunited, Solaris Energy Infrastructure, and Flowco Holdings Inc Class A. ;'>

Currently, the analyst consensus on Weatherford International is a Moderate Buy with an average price target of $92.86, a 0.2% upside from current levels. In a report issued on January 27, TipRanks – xAI also upgraded the stock to Buy with a $101.00 price target.

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.