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According to energystockmovers.com, there are a few trending energy stocks that have recently received buy ratings and showing positive investor sentiment, as well as news headlines. With that said, the editors over at energystockmovers.com, are adding the stocks below to their energy stock watchlist. That staff here at WallStreetSectors.com, will continue to monitor these energy companies to see if the momentum continues. WallStreetSectors.com is also looking into these tickers BMRN, PEPG, BLCO, COO, SAGE..
Recent XOM Stock Price: $114.94
Summary: ExxonMobil's bellwether status in the energy space, optimal integrated capital structure that has historically produced industry-leading returns and management's track record of capex discipline across the commodity price cycle make it a relatively lower-risk energy sector play. The company owns some of the most prolific upstream assets globally. Other aspects of the company's story include the largest global refining operations, substantial chemicals assets and a dividend history and credit profile that are second to none in the space. ExxonMobil's capital spending discipline is quite aggressive. The company has a plan in place to allocate significant proportion of its budget to key oil and gas projects. The company's business perspective looks different from most peers since big oil rivals have pledged to lower carbon emissions to tackle climate change. ExxonMobil divides its operations into three main segments: Upstream, Downstream and Chemical.
Roger Read analyst at Wells Fargo reiterates coverage on Exxon Mobil (XOM) stock in the energy sector with a Buy rating and has set XOM's stock price target at $130.
TipRanks.com reports that Exxon Mobil currently has 5 analysts offering 12-month price targets on XOM and the consensus is a Moderate Buy rating with an average stock price target of $131.60. The most recent XOM stock price we have is $114.94 and we are not making any XOM forecasts at this time.
In addition, TradingView issued a buy rating for XOM over the next month, Barchart.com has a Strong buy rating and Yahoo! Finance has a Bearish short-term outlook. Remember, securities are volatile, so please do your own research on XOM stock. WallStreetSectors.com is not recommending this stock, we are just providing you with compiled information.
For the complete breakdown on XOM stock, please click here >>
Obsidian Energy, OBE
Recent OBE Stock Price: $8.20
Summary: Obsidian Energy Ltd. is a conventional oil and natural gas producer and development company. Obsidian Energy Ltd, formerly known as Penn West Petroleum Ltd, is based in Calgary, Canada.
Cody Kwong analyst at Stifel Nicolaus reiterates coverage on Obsidian Energy (OBE) stock in the energy sector with a Buy rating and has set OBE's stock price target at $10.02.
TipRanks.com reports that Obsidian Energy currently has 4 analysts offering 12-month price targets on OBE and the consensus is a Strong Buy rating with an average stock price target of $9.93. The most recent OBE stock price we have is $8.20 and we are not making any OBE forecasts at this time.
In addition, TradingView issued a Strong buy rating for OBE over the next month, Barchart.com has a Strong buy rating and Yahoo! Finance has a Bullish short-term outlook. Remember, securities are volatile, so please do your own research on OBE stock. WallStreetSectors.com is not recommending this stock, we are just providing you with compiled information.
For the complete breakdown on OBE stock, please click here >>
EDP Renovaveis, EDRVF
Recent EDRVF Stock Price: $16.99
Summary: EDP Renovaveis SA was incorporated on 4 December 2007 under the Spanish law. The Company is engaged in the activities related to electrical sector, construction, maintenance and management of electricity production facilities. The Company promotes and develops projects relating to energy resources and electricity production activities.
Jose Porta analyst at Kepler Capital reiterates coverage on EDP Renovaveis (EDRVF) stock in the energy sector with a Buy rating and has set EDRVF's stock price target at $28.74.
TipRanks.com reports that EDP Renovaveis currently has 5 analysts offering 12-month price targets on EDRVF and the consensus is a Moderate Buy rating with an average stock price target of $22.65. The most recent EDRVF stock price we have is $16.99 and we are not making any EDRVF forecasts at this time.
In addition, TradingView issued a strong sell rating for EDRVF over the next month, Barchart.com has a sell rating and Yahoo! Finance has a Neutral short-term outlook. Remember, securities are volatile, so please do your own research on EDRVF stock. WallStreetSectors.com is not recommending this stock, we are just providing you with compiled information.
For the complete breakdown on EDRVF stock, please click here >>
Brookfield Renewable Partners, BEP
Recent BEP Stock Price: $25.54
Summary: Brookfield Renewable Energy Partners L.P. owns and operates renewable power platform. The company's power generating portfolio comprised of hydroelectric generating, wind facilities and natural gas-fired plants. It operates in the United States, Canada and Brazil. The company sells its generation output to public power authorities, load-serving utilities and industrial users. Brookfield Renewable Energy Partners L.P., is based in Hamilton, Bermuda.
Jonathan Reeder analyst at Wells Fargo reiterates coverage on Brookfield Renewable Partners (BEP) stock in the energy sector with a Buy rating and has set BEP's stock price target at $32.
TipRanks.com reports that Brookfield Renewable Partners currently has 5 analysts offering 12-month price targets on BEP and the consensus is a Moderate Buy rating with an average stock price target of $32.57. The most recent BEP stock price we have is $25.54 and we are not making any BEP forecasts at this time.
In addition, TradingView issued a sell rating for BEP over the next month, Barchart.com has a Strong sell rating and Yahoo! Finance has a Bullish short-term outlook. Remember, securities are volatile, so please do your own research on BEP stock. WallStreetSectors.com is not recommending this stock, we are just providing you with compiled information.
For the complete breakdown on BEP stock, please click here >>
The editors at WallStreetSectors.com use a variety of research tools to generate our watchlists and research reports. One resource you need to consider using Tipranks.com where as a premium member you get access to all buy ratings, price targets and insider trading signals. TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star RankingTM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>
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