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Analysts Have Conflicting Sentiments on These Energy Companies: Occidental Petroleum (OXY), EnLink Midstream (ENLC) and BKV Corporation (BKV)

Companies in the Energy sector have received a lot of coverage today as analysts weigh in on Occidental Petroleum (OXYResearch Report), EnLink Midstream (ENLCResearch Report) and BKV Corporation (BKVResearch Report).

Occidental Petroleum (OXY)

Barclays analyst Betty Jiang maintained a Hold rating on Occidental Petroleum today and set a price target of $58.00. The company’s shares closed last Wednesday at $51.12, close to its 52-week low of $49.51.

According to TipRanks.com, Jiang is a 1-star analyst with an average return of -1.1% and a 43.3% success rate. Jiang covers the NA sector, focusing on stocks such as California Resources Corp, Antero Resources, and Range Resources.

Currently, the analyst consensus on Occidental Petroleum is a Hold with an average price target of $62.92, implying a 24.0% upside from current levels. In a report issued on November 8, J.P. Morgan also initiated coverage with a Hold rating on the stock with a $56.00 price target.

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EnLink Midstream (ENLC)

In a report released yesterday, Praneeth Satish from Wells Fargo maintained a Hold rating on EnLink Midstream, with a price target of $15.00. The company’s shares closed last Wednesday at $15.21, close to its 52-week high of $15.67.

Satish has an average return of 17.5% when recommending EnLink Midstream.

According to TipRanks.com, Satish is ranked #1518 out of 9184 analysts.

The word on The Street in general, suggests a Hold analyst consensus rating for EnLink Midstream with a $15.40 average price target, which is a 0.2% upside from current levels. In a report issued on October 30, Mizuho Securities also initiated coverage with a Hold rating on the stock.

BKV Corporation (BKV)

In a report released yesterday, Stephen Richardson from Evercore ISI assigned a Buy rating to BKV Corporation, with a price target of $24.00. The company’s shares closed last Wednesday at $20.49.

According to TipRanks.com, Richardson is a 4-star analyst with an average return of 9.6% and a 61.0% success rate. Richardson covers the NA sector, focusing on stocks such as Crescent Energy Company Class A, Granite Ridge Resources, and Occidental Petroleum.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for BKV Corporation with a $26.50 average price target, a 27.3% upside from current levels. In a report issued on November 12, Jefferies also maintained a Buy rating on the stock with a $28.00 price target.

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