Analysts Offer Insights on Energy Companies: Sable Offshore (SOC) and Empire Energy Group Limited (OtherEEGUF)
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
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.
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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
Empire Energy Group Limited has an analyst consensus of Moderate Buy, with a price target consensus of $0.31.
Read More on SOC:
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- Sable Offshore Stock (SOC) Gains on Finally Starting Oil Sales — Is This a Turning Point?
- Sable Offshore Resumes Santa Ynez Oil Sales, Ramping Output
- Sable Offshore begins oil sales from Santa Ynez Pipeline System
- Sable Offshore price target raised to $30 from $28 at Jefferies
- Sable Offshore oil sales at Santa Ynez imminent, says Roth Capital
