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Analysts Are Bullish on Top Energy Stocks: Obsidian Energy (OBE), Magnolia Oil & Gas (MGY)

Tipranks - Sat Feb 7, 6:42AM CST

There’s a lot to be optimistic about in the Energy sector as 3 analysts just weighed in on Obsidian Energy (OBEResearch Report), Magnolia Oil & Gas (MGYResearch Report) and Kodiak Gas Services, Inc. (KGSResearch Report) with bullish sentiments.

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Obsidian Energy (OBE)

BMO Capital analyst Jeremy Mccrea maintained a Buy rating on Obsidian Energy today and set a price target of C$10.00. The company’s shares closed last Thursday at $7.17.

According to TipRanks.com, Mccrea is a 5-star analyst with an average return of 23.6% and a 62.8% success rate. Mccrea covers the NA sector, focusing on stocks such as Tamarack Valley Energy, Headwater Exploration, and Freehold Royalties. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Obsidian Energy with a $6.93 average price target.

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Magnolia Oil & Gas (MGY)

In a report released today, Phillip Jungwirth from BMO Capital maintained a Buy rating on Magnolia Oil & Gas, with a price target of $30.00. The company’s shares closed last Thursday at $26.21.

According to TipRanks.com, Jungwirth is a 4-star analyst with an average return of 3.6% and a 46.8% success rate. Jungwirth covers the NA sector, focusing on stocks such as Crescent Energy Company Class A, Flowco Holdings Inc Class A, and Weatherford International. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Magnolia Oil & Gas with a $27.23 average price target, a 4.1% upside from current levels. In a report issued on January 30, TipRanks – Google also reiterated a Buy rating on the stock with a $28.00 price target.

Kodiak Gas Services, Inc. (KGS)

Stifel Nicolaus analyst Selman Akyol maintained a Buy rating on Kodiak Gas Services, Inc. today and set a price target of $48.00. The company’s shares closed last Thursday at $47.31, close to its 52-week high of $50.43.

According to TipRanks.com, Akyol is a 5-star analyst with an average return of 11.0% and a 69.7% success rate. Akyol covers the NA sector, focusing on stocks such as Natural Gas Services Group, Mach Natural Resources LP, and Plains All American. ;'>

Kodiak Gas Services, Inc. has an analyst consensus of Strong Buy, with a price target consensus of $47.50, an 8.7% upside from current levels. In a report issued on January 27, TipRanks – Anthropic also upgraded the stock to Buy with a $45.00 price target.

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