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Analysts Offer Insights on Energy Companies: Northern Oil And Gas (NOG), Patterson-UTI (PTEN) and NOV (NOV)

Analysts have been eager to weigh in on the Energy sector with new ratings on Northern Oil And Gas (NOGResearch Report), Patterson-UTI (PTENResearch Report) and NOV (NOVResearch Report).

Northern Oil And Gas (NOG)

In a report released yesterday, Scott Hanold from RBC Capital maintained a Buy rating on Northern Oil And Gas, with a price target of $43.00. The company’s shares closed last Thursday at $37.27.

Hanold has an average return of 35.8% when recommending Northern Oil And Gas.

According to TipRanks.com, Hanold is ranked #38 out of 9140 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Northern Oil And Gas with a $45.64 average price target, a 21.8% upside from current levels. In a report issued on October 14, Roth MKM also maintained a Buy rating on the stock with a $47.50 price target.

See the top stocks recommended by analysts >>

Patterson-UTI (PTEN)

Stifel Nicolaus analyst Stephen Gengaro maintained a Buy rating on Patterson-UTI today and set a price target of $14.00. The company’s shares closed last Thursday at $7.97, close to its 52-week low of $7.45.

According to TipRanks.com, Gengaro is a 3-star analyst with an average return of 3.0% and a 38.9% success rate. Gengaro covers the NA sector, focusing on stocks such as Solaris Energy Infrastructure, Liberty Oilfield Services, and Oil States International.

Patterson-UTI has an analyst consensus of Strong Buy, with a price target consensus of $11.38, a 40.5% upside from current levels. In a report issued on October 10, RBC Capital also maintained a Buy rating on the stock with a $12.00 price target.

NOV (NOV)

In a report released today, Kurt Hallead from Benchmark Co. maintained a Hold rating on NOV. The company’s shares closed last Thursday at $15.26, close to its 52-week low of $15.16.

According to TipRanks.com, Hallead is a 3-star analyst with an average return of 0.9% and a 35.2% success rate. Hallead covers the NA sector, focusing on stocks such as Noble Corporation PLC Class A, Weatherford International, and Oceaneering International.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for NOV with a $21.64 average price target, which is a 41.0% upside from current levels. In a report issued on October 10, BMO Capital also maintained a Hold rating on the stock with a $20.00 price target.

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