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Analysts Offer Insights on Energy Companies: Veren (VRN) and Whitecap Resources (OtherSPGYF)

Tipranks - Tue Mar 11, 2025

Companies in the Energy sector have received a lot of coverage today as analysts weigh in on Veren (VRNResearch Report) and Whitecap Resources (SPGYFResearch Report).

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Veren (VRN)

Desjardins analyst Chris MacCulloch downgraded Veren to Hold today and set a price target of C$12.60. The company’s shares closed last Tuesday at $5.79.

According to TipRanks.com, MacCulloch is a 5-star analyst with an average return of 24.9% and a 42.8% success rate. MacCulloch covers the NA sector, focusing on stocks such as Whitecap Resources, Vermilion Energy, and Imperial Oil. ;'>

Veren has an analyst consensus of Strong Buy, with a price target consensus of $8.32.

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Whitecap Resources (SPGYF)

In a report released today, Michael Harvey from RBC Capital maintained a Buy rating on Whitecap Resources, with a price target of C$14.00. The company’s shares closed last Tuesday at $5.66.

According to TipRanks.com, Harvey is a 5-star analyst with an average return of 12.0% and a 45.8% success rate. Harvey covers the NA sector, focusing on stocks such as Tamarack Valley Energy, Headwater Exploration, and Paramount Resources. ;'>

Currently, the analyst consensus on Whitecap Resources is a Strong Buy with an average price target of $9.46, implying a 65.4% upside from current levels. In a report released today, Raymond James also upgraded the stock to Buy with a C$13.00 price target.

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