Analysts Offer Insights on Energy Companies: North American Construction Group (NOA), Infinity Natural Resources, Inc. Class A (INR) and Devon Energy (DVN)

Analysts have been eager to weigh in on the Energy sector with new ratings on North American Construction Group (NOA), Infinity Natural Resources, Inc. Class A (INR) and Devon Energy (DVN).

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North American Construction Group (NOA)

North American Construction Group received a Hold rating and a C$24.00 price target from ATB Cormark Capital Markets analyst Tim Monachello yesterday. The company’s shares closed last Wednesday at $13.39.

Monachello has an average return of 14.5% when recommending North American Construction Group. ;'>

According to TipRanks.com, Monachello is ranked #12216 out of 12315 analysts.

North American Construction Group has an analyst consensus of Moderate Buy, with a price target consensus of $18.86, representing a 38.6% upside. In a report issued on June 12, TipRanks – PerPlexity also reiterated a Hold rating on the stock with a C$19.00 price target.

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Infinity Natural Resources, Inc. Class A (INR)

In a report released today, Nicholas Pope from Roth MKM maintained a Buy rating on Infinity Natural Resources, Inc. Class A, with a price target of $18.00. The company’s shares closed last Wednesday at $13.17.

According to TipRanks.com, Pope is a 3-star analyst with an average return of 4.3% and a 52.2% success rate. Pope covers the NA sector, focusing on stocks such as Riley Exploration Permian, Evolution Petroleum, and HighPeak Energy. ;'>

Currently, the analyst consensus on Infinity Natural Resources, Inc. Class A is a Strong Buy with an average price target of $22.00, representing a 73.4% upside. In a report issued on June 3, KeyBanc also maintained a Buy rating on the stock with a $24.00 price target.

Devon Energy (DVN)

In a report released today, Gabriel Daoud from Truist Financial maintained a Buy rating on Devon Energy. The company’s shares closed last Wednesday at $42.58.

According to TipRanks.com, Daoud is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -13.1% and a 28.8% success rate. Daoud covers the NA sector, focusing on stocks such as Enterprise Products Partners, Riley Exploration Permian, and Mach Natural Resources LP. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Devon Energy with a $61.06 average price target, which is a 42.4% upside from current levels. In a report issued on June 8, J.P. Morgan also initiated coverage with a Buy rating on the stock with a $62.00 price target.

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Disclaimer & DisclosureReport an Issue

• North American Construction Group Closes $200 Million Senior Notes Offering
• North American Construction Group Prices US$200 Million Private Notes Offering
• North American Construction Group Reports 2026 Shareholder Meeting Voting Results
• North American Construction price target raised to C$24.50 from C$20 at Canaccord
• North American Construction price target raised to C$23 from C$20 at CIBC