Skip to main content

Analysts Offer Insights on Energy Companies: Phillips 66 (PSX), Helmerich & Payne (HP) and Conocophillips (COP)

Tipranks - Fri Feb 6, 6:58AM CST

There’s a lot to be optimistic about in the Energy sector as 3 analysts just weighed in on Phillips 66 (PSXResearch Report), Helmerich & Payne (HPResearch Report) and Conocophillips (COPResearch Report) with bullish sentiments.

Claim 50% Off TipRanks Premium

Phillips 66 (PSX)

Wells Fargo analyst Sam Margolin maintained a Buy rating on Phillips 66 today and set a price target of $163.00. The company’s shares closed last Wednesday at $154.69.

According to TipRanks.com, Margolin is a 5-star analyst with an average return of 11.4% and a 66.9% success rate. Margolin covers the NA sector, focusing on stocks such as Tamboran Resources Corporation, California Resources Corp, and HF Sinclair Corporation. ;'>

Currently, the analyst consensus on Phillips 66 is a Moderate Buy with an average price target of $149.25, representing a -0.5% downside. In a report released yesterday, TipRanks – OpenAI also upgraded the stock to Buy with a $163.00 price target.

See today’s best-performing stocks on TipRanks >>

Helmerich & Payne (HP)

Piper Sandler analyst Derek Podhaizer maintained a Buy rating on Helmerich & Payne today and set a price target of $35.00. The company’s shares closed last Wednesday at $36.41.

According to TipRanks.com, Podhaizer is a 4-star analyst with an average return of 12.5% and a 66.1% 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. ;'>

Helmerich & Payne has an analyst consensus of Moderate Buy, with a price target consensus of $33.25, a -6.9% downside from current levels. In a report issued on February 1, TipRanks – OpenAI also reiterated a Buy rating on the stock with a $38.00 price target.

Conocophillips (COP)

Roth MKM analyst Leo Mariani maintained a Buy rating on Conocophillips today and set a price target of $105.00. The company’s shares closed last Wednesday at $107.59.

According to TipRanks.com, Mariani is a 5-star analyst with an average return of 27.1% and a 60.3% success rate. Mariani covers the NA sector, focusing on stocks such as California Resources Corp, Occidental Petroleum, and Prairie Operating Co. ;'>

Conocophillips has an analyst consensus of Moderate Buy, with a price target consensus of $112.63, representing a 6.8% upside. In a report issued on January 21, Barclays also maintained a Buy rating on the stock with a $118.00 price target.

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.
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.