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: Antero Resources (AR) and Matador Resources (MTDR)

Tipranks - Tue Jun 30, 7:34AM CDT

There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on Antero Resources (AR) and Matador Resources (MTDR) with bullish sentiments.

End of Quarter Sale - 70% Off

Antero Resources (AR)

In a report released today, Gabriel Daoud from Truist Financial maintained a Buy rating on Antero Resources. The company’s shares closed last Friday at $35.17.

According to TipRanks.com, Daoud is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -12.8% and a 31.4% success rate. Daoud covers the NA sector, focusing on stocks such as Enterprise Products Partners, Riley Exploration Permian, and Mach Natural Resources LP. ;'>

Antero Resources has an analyst consensus of Moderate Buy, with a price target consensus of $50.43, a 45.2% upside from current levels. In a report issued on June 26, Texas Capital Securities also initiated coverage with a Buy rating on the stock with a $55.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Matador Resources (MTDR)

In a report released today, Gabriele Sorbara from Siebert Williams Shank & Co maintained a Buy rating on Matador Resources, with a price target of $78.00. The company’s shares closed last Friday at $49.90.

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 Magnolia Oil & Gas. ;'>

Matador Resources has an analyst consensus of Strong Buy, with a price target consensus of $71.50, a 43.7% upside from current levels. In a report issued on June 21, Roth MKM also upgraded the stock to Buy with a $65.00 price target.

Read More on AR:

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.