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Analysts’ Top Energy Picks: W&T Offshore (WTI), Canadian Natural (CNQ)

Tipranks - Sat May 9, 2:04PM CDT

There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on W&T Offshore (WTI) and Canadian Natural (CNQ) with bullish sentiments.

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W&T Offshore (WTI)

In a report released today, Neal Dingmann from William Blair reiterated a Buy rating on W&T Offshore. The company’s shares closed last Friday at $3.73.

According to TipRanks.com, Dingmann is a 4-star analyst with an average return of 2.8% and a 47.6% success rate. Dingmann covers the NA sector, focusing on stocks such as Crescent Energy Company Class A, Riley Exploration Permian, and Kodiak Gas Services, Inc. ;'>

W&T Offshore has an analyst consensus of Moderate Buy.

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Canadian Natural (CNQ)

In a report released yesterday, Menno Hulshof from TD Cowen maintained a Buy rating on Canadian Natural, with a price target of C$72.00. The company’s shares closed last Friday at $44.52.

According to TipRanks.com, Hulshof is a 4-star analyst with an average return of 5.6% and a 49.6% success rate. Hulshof covers the NA sector, focusing on stocks such as Vermilion Energy, Cenovus Energy, and Baytex Energy. ;'>

Canadian Natural has an analyst consensus of Moderate Buy, with a price target consensus of $50.54, implying a 13.0% upside from current levels. In a report released yesterday, Raymond James also upgraded the stock to Buy with a C$67.00 price target.

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