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Analysts Are Bullish on These Energy Stocks: Precision Drilling (PDS), Williams Co (WMB)

Tipranks - Wed May 6, 6:52AM CDT

There’s a lot to be optimistic about in the Energy sector as 3 analysts just weighed in on Precision Drilling (PDS), Williams Co (WMB) and Diamondback (FANG) with bullish sentiments.

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Precision Drilling (PDS)

In a report released today, Derek Podhaizer from Piper Sandler maintained a Buy rating on Precision Drilling, with a price target of $105.00. The company’s shares closed last Monday at $95.48.

According to TipRanks.com, Podhaizer is a 5-star analyst with an average return of 24.6% and a 70.6% success rate. Podhaizer covers the NA sector, focusing on stocks such as National Energy Services Reunited, Solaris Energy Infrastructure, and Flowco Holdings Inc Class A. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Precision Drilling with a $110.85 average price target, a 16.4% upside from current levels. In a report issued on May 2, TipRanks – DeepSeek also upgraded the stock to Buy with a C$144.00 price target.

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Williams Co (WMB)

In a report released today, Brandon Bingham from Scotiabank maintained a Buy rating on Williams Co, with a price target of $85.00. The company’s shares closed last Monday at $75.41.

According to TipRanks.com, Bingham is a 5-star analyst with an average return of 23.0% and a 90.8% success rate. Bingham covers the NA sector, focusing on stocks such as Enterprise Products Partners, Venture Global, Inc. Class A, and Plains All American. ;'>

Currently, the analyst consensus on Williams Co is a Strong Buy with an average price target of $82.06, representing an 8.9% upside. In a report issued on April 20, BMO Capital also maintained a Buy rating on the stock with a $82.00 price target.

Diamondback (FANG)

Scotiabank analyst Betty Zhang maintained a Buy rating on Diamondback today and set a price target of $195.00. The company’s shares closed last Monday at $213.69, close to its 52-week high of $214.50.

According to TipRanks.com, Zhang is a 4-star analyst with an average return of 22.6% and a 87.0% success rate. Zhang covers the NA sector, focusing on stocks such as HF Sinclair Corporation, Occidental Petroleum, and Clean Energy Fuels. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Diamondback with a $220.94 average price target, which is a 5.5% upside from current levels. In a report issued on April 20, Wells Fargo also maintained a Buy rating on the stock with a $262.00 price target.

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