JP Morgan analyst John Royall maintains Marathon Petroleum (NYSE:MPC) with a Neutral and raises the price target from $172 to $186.
JP Morgan analyst John Royall maintains Marathon Petroleum (NYSE:MPC) with a Neutral Read Post »
JP Morgan analyst John Royall maintains Phillips 66 (NYSE:PSX) with a Overweight and raises the price target from $149 to $167.
JP Morgan analyst John Royall maintains Phillips 66 (NYSE:PSX) with a Overweight Read Post »
TD Cowen analyst Jason Gabelman maintains Exxon Mobil (NYSE:XOM) with a Buy and raises the price target from $115 to $120.
TD Cowen analyst Jason Gabelman maintains Exxon Mobil (NYSE:XOM) with a Buy Read Post »
Morgan Stanley analyst Devin McDermott maintains ConocoPhillips with a Overweight and raises the price target from $123 to $129.
Morgan Stanley analyst Devin McDermott maintains ConocoPhillips with a Overweight Read Post »
Mizuho analyst Nitin Kumar reiterates ConocoPhillips (NYSE:COP) with a Neutral and raises the price target from $132 to $139.
Mizuho analyst Nitin Kumar reiterates ConocoPhillips (NYSE:COP) with a Neutral Read Post »
Mizuho analyst Nitin Kumar maintains Phillips 66 (NYSE:PSX) with a Neutral and raises the price target from $135 to $167.
Mizuho analyst Nitin Kumar maintains Phillips 66 (NYSE:PSX) with a Neutral Read Post »
Wells Fargo analyst Roger Read maintains Phillips 66 (NYSE:PSX) with a Overweight and raises the price target from $163 to $179.
Wells Fargo analyst Roger Read maintains Phillips 66 (NYSE:PSX) with a Overweight Read Post »
Mizuho analyst Nitin Kumar maintains Chevron (NYSE:CVX) with a Buy and raises the price target from $195 to $200.
Mizuho analyst Nitin Kumar maintains Chevron (NYSE:CVX) with a Buy Read Post »
Citigroup analysts are projecting Brent crude will average $78/bbl in the second quarter and could continue to slide to $55/bbl by late next year. The bank in a Sunday report said it continues to see a “spiky” first quarter for oil prices, thanks to crude supply and refinery disruption risks. The analysts said they expect OPEC+ will keep current production cuts in place through December, but still advised oil producers to hedge 2025 output in advance of what may be a sharp drop in prices. The report predicted Brent will average $78 a barrel in the second quarter before sliding to $74/bbl in the third quarter and $70/bbl in the fourth quarter. Citi’s 2025 oil outlook is surprisingly bearish, with the bank forecasting a Q1 price of $65/bbl, followed by an average of $60/bbl in the second and third quarter. The price will then drop to $55/bbl in Q4, the
Citigroup Projects Brent Crude Prices Could Fall to $55/Bbl by Late 2025 — OPIS Read Post »
B of A Securities analyst Doug Leggate maintains Marathon Petroleum (NYSE:MPC) with a Neutral and raises the price target from $185 to $230.
Piper Sandler analyst Ryan Todd maintains ConocoPhillips (NYSE:COP) with a Overweight and lowers the price target from $139 to $133.
Piper Sandler analyst Ryan Todd maintains ConocoPhillips (NYSE:COP) with a Overweight Read Post »
Piper Sandler analyst Ryan Todd maintains Chevron with a Overweight and lowers the price target from $188 to $180.
Piper Sandler analyst Ryan Todd maintains Chevron with a Overweight Read Post »