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Analysts Offer Insights on Energy Companies: Helmerich & Payne (HP), Magnolia Oil & Gas (MGY) and Matador Resources (MTDR)

Tipranks - Tue Jun 30, 5:56AM CDT

Analysts fell to the sidelines weighing in on Helmerich & Payne (HP), Magnolia Oil & Gas (MGY) and Matador Resources (MTDR) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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Helmerich & Payne (HP)

Citi analyst Scott Gruber maintained a Hold rating on Helmerich & Payne today and set a price target of $36.00. The company’s shares closed last Friday at $33.80.

According to TipRanks.com, Gruber is a 5-star analyst with an average return of 15.6% and a 58.9% success rate. Gruber covers the NA sector, focusing on stocks such as Solaris Energy Infrastructure, Flowco Holdings Inc Class A, and Weatherford International. ;'>

Currently, the analyst consensus on Helmerich & Payne is a Moderate Buy with an average price target of $41.78, a 24.3% upside from current levels. In a report issued on June 20, TipRanks – PerPlexity also reiterated a Hold rating on the stock with a $38.00 price target.

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Magnolia Oil & Gas (MGY)

Siebert Williams Shank & Co analyst Gabriele Sorbara maintained a Hold rating on Magnolia Oil & Gas today and set a price target of $32.00. The company’s shares closed last Friday at $26.78.

According to TipRanks.com, Sorbara is a 4-star analyst with an average return of 7.2% and a 54.4% success rate. Sorbara covers the NA sector, focusing on stocks such as Infinity Natural Resources, Inc. Class A, Crescent Energy Company Class A, and Comstock Resources. ;'>

Magnolia Oil & Gas has an analyst consensus of Moderate Buy, with a price target consensus of $33.64, which is a 24.2% upside from current levels. In a report issued on June 17, Roth MKM also maintained a Hold rating on the stock with a $31.00 price target.

Matador Resources (MTDR)

Roth MKM analyst Leo Mariani maintained a Hold rating on Matador Resources today and set a price target of $65.00. The company’s shares closed last Friday at $49.90.

According to TipRanks.com, Mariani is a top 100 analyst with an average return of 31.0% and a 68.9% success rate. Mariani covers the NA sector, focusing on stocks such as Tamboran Resources Corporation, California Resources Corp, and Prairie Operating Co. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Matador Resources with a $72.25 average price target, representing a 45.2% upside. In a report issued on June 17, TipRanks – PerPlexity also reiterated a Hold rating on the stock with a $55.00 price target.

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