Analysts Offer Insights on Energy Companies: Occidental Petroleum (OXY) and Pembina Pipeline (PBA)
Companies in the Energy sector have received a lot of coverage today as analysts weigh in on Occidental Petroleum (OXY) and Pembina Pipeline (PBA).
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Occidental Petroleum (OXY)
Occidental Petroleum received a Hold rating and a $64.00 price target from Goldman Sachs analyst Neil Mehta yesterday. The company’s shares closed last Wednesday at $58.87.
According to TipRanks.com, Mehta is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Occidental Petroleum with a $62.94 average price target, representing a 4.0% upside. In a report issued on May 9, TipRanks – PerPlexity also downgraded the stock to Hold with a $58.00 price target.
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Pembina Pipeline (PBA)
According to TipRanks.com, Chen is a top 100 analyst with an average return of
Pembina Pipeline has an analyst consensus of Moderate Buy, with a price target consensus of $49.17, implying a -0.4% downside from current levels. In a report issued on May 18, Citi also downgraded the stock to Buy with a C$70.00 price target.
Read More on OXY:
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- Occidental upgraded to Neutral from Sell at Goldman Sachs
- Occidental Petroleum’s Earnings Call Highlights Cash Surge
- Get Ready for Crude Oil Prices to Hit $120 a Barrel, Says Citigroup (C)
- Gas Prices Remain High as Oil Stocks Rise Today
- Moderately bullish activity in Occidental Petroleum with shares up 4.07%
