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Analysts Offer Insights on Energy Companies: Sable Offshore (SOC) and Empire Energy Group Limited (OtherEEGUF)

Tipranks - Tue Mar 31, 9:04AM CDT

There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on Sable Offshore (SOC) and Empire Energy Group Limited (EEGUF) with bullish sentiments.

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Sable Offshore (SOC)

In a report released today, Leo Mariani from Roth MKM maintained a Buy rating on Sable Offshore, with a price target of $24.00. The company’s shares closed last Monday at $18.61.

According to TipRanks.com, Mariani is a top 25 analyst with an average return of 35.9% and a 72.8% success rate. Mariani covers the NA sector, focusing on stocks such as California Resources Corp, Occidental Petroleum, and Prairie Operating Co. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Sable Offshore with a $24.67 average price target, representing a 30.9% upside. In a report released yesterday, Jefferies also assigned a Buy rating to the stock with a $30.00 price target.

See the top stocks recommended by analysts >>

Empire Energy Group Limited (EEGUF)

Canaccord Genuity analyst James Bullen maintained a Buy rating on Empire Energy Group Limited today and set a price target of A$0.45. The company’s shares closed last Wednesday at $0.20, close to its 52-week high of $0.21.

According to TipRanks.com, Bullen is a 4-star analyst with an average return of 5.5% and a 48.0% success rate. Bullen covers the NA sector, focusing on stocks such as Deep Yellow Limited, Paladin Energy Ltd, and Peninsula Energy. ;'>

Empire Energy Group Limited has an analyst consensus of Moderate Buy, with a price target consensus of $0.31.

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