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Analysts’ Top Energy Picks: Venture Global, Inc. Class A (VG), Patterson-UTI (PTEN)

Tipranks - Tipranks - Fri Apr 24, 4:58AM CDT

There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on Venture Global, Inc. Class A (VG) and Patterson-UTI (PTEN) with bullish sentiments.

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Venture Global, Inc. Class A (VG)

In a report released yesterday, Jean Ann Salisbury from Bank of America Securities reiterated a Buy rating on Venture Global, Inc. Class A, with a price target of $16.00. The company’s shares closed last Wednesday at $12.34.

According to TipRanks.com, Salisbury is a 4-star analyst with an average return of 6.7% and a 66.3% success rate. Salisbury covers the NA sector, focusing on stocks such as Enterprise Products Partners, Cheniere Energy Partners, and Occidental Petroleum. ;'>

Venture Global, Inc. Class A has an analyst consensus of Moderate Buy, with a price target consensus of $15.95, representing a 32.9% upside. In a report issued on April 9, Goldman Sachs also maintained a Buy rating on the stock with a $18.50 price target.

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Patterson-UTI (PTEN)

In a report released yesterday, Saurabh Pant from Bank of America Securities maintained a Buy rating on Patterson-UTI, with a price target of $12.00. The company’s shares closed last Wednesday at $10.81.

According to TipRanks.com, Pant is a 5-star analyst with an average return of 14.8% and a 65.9% success rate. Pant covers the NA sector, focusing on stocks such as Weatherford International, Atlas Energy Solutions, and Baker Hughes Company. ;'>

Currently, the analyst consensus on Patterson-UTI is a Moderate Buy with an average price target of $10.64, which is a -0.2% downside from current levels. In a report issued on April 20, Capital One Financial also upgraded the stock to Buy with a $12.00 price target.

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