Latest news with #Gabelman
Business Insider
12-07-2025
- Business
- Business Insider
Analysts Offer Insights on Energy Companies: EQT (EQT) and NextDecade (NEXT)
There's a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on EQT (EQT – Research Report) and NextDecade (NEXT – Research Report) with bullish sentiments. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. EQT (EQT) In a report issued on July 7, Haley Tam from UBS maintained a Buy rating on EQT. The company's shares closed last Friday at $55.33, close to its 52-week high of $56.66. According to Tam is ranked #2571 out of 9861 analysts. The word on The Street in general, suggests a Strong Buy analyst consensus rating for EQT with a $62.94 average price target, a 15.6% upside from current levels. In a report issued on June 24, Roth MKM also initiated coverage with a Buy rating on the stock with a $69.00 price target. NextDecade (NEXT) TD Cowen analyst Jason Gabelman maintained a Buy rating on NextDecade on July 7. The company's shares closed last Friday at $10.77. According to Gabelman is a 4-star analyst with an average return of 8.6% and a 58.6% success rate. Gabelman covers the NA sector, focusing on stocks such as Enterprise Products Partners, Calumet Specialty Products, and HF Sinclair Corporation. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for NextDecade with a $13.00 average price target, implying a 38.0% upside from current levels. In a report released yesterday, Morgan Stanley also maintained a Buy rating on the stock with a $15.00 price target.
Business Insider
10-07-2025
- Business
- Business Insider
Analysts Have Conflicting Sentiments on These Energy Companies: Shell (SHEL) and Centrus Energy (LEU)
Companies in the Energy sector have received a lot of coverage today as analysts weigh in on Shell (SHEL – Research Report) and Centrus Energy (LEU – Research Report). Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Shell (SHEL) In a report released today, Jason Gabelman from TD Cowen maintained a Buy rating on Shell, with a price target of $76.00. The company's shares closed last Wednesday at $71.73. According to Gabelman is a 4-star analyst with an average return of 8.6% and a 58.7% success rate. Gabelman covers the NA sector, focusing on stocks such as Enterprise Products Partners, Calumet Specialty Products, and HF Sinclair Corporation. Currently, the analyst consensus on Shell is a Strong Buy with an average price target of $78.90, representing a 9.8% upside. In a report issued on June 25, Wells Fargo also maintained a Buy rating on the stock with a $79.00 price target. Centrus Energy (LEU) Roth MKM analyst Joseph Reagor maintained a Hold rating on Centrus Energy today and set a price target of $102.00. The company's shares closed last Wednesday at $179.37. According to Reagor is a 5-star analyst with an average return of 16.3% and a 47.5% success rate. Reagor covers the Basic Materials sector, focusing on stocks such as Anglogold Ashanti PLC, Hecla Mining Company, and Avino Silver & Gold. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Centrus Energy with a $174.00 average price target, a -3.4% downside from current levels. In a report issued on June 26, J.P. Morgan also initiated coverage with a Hold rating on the stock with a $148.00 price target.
Business Insider
26-06-2025
- Business
- Business Insider
TD Cowen Reaffirms Their Hold Rating on Equinor ASA (EQNR)
In a report released today, Jason Gabelman from TD Cowen maintained a Hold rating on Equinor ASA (EQNR – Research Report), with a price target of $19.00. The company's shares closed yesterday at $25.10. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Gabelman covers the Energy sector, focusing on stocks such as Exxon Mobil, BP, and Calumet Specialty Products. According to TipRanks, Gabelman has an average return of 7.7% and a 56.76% success rate on recommended stocks. Currently, the analyst consensus on Equinor ASA is a Hold with an average price target of $24.29. The company has a one-year high of $29.03 and a one-year low of $21.41. Currently, Equinor ASA has an average volume of 4.13M.
Business Insider
25-06-2025
- Business
- Business Insider
XOM vs. CVX vs. COP: Which Oil Stock Is Wall Street's Best Pick in this Volatile Market?
Oil prices fell for the second straight day on Tuesday as a ceasefire between Israel and Iran eased supply concerns and reversed the rally in oil stocks that was triggered when the conflict between the two countries began earlier this month. Oil prices might continue to be volatile, given geopolitical tensions and macro uncertainties. Bearing this backdrop in mind, we used TipRanks' Stock Comparison Tool to place Exxon Mobil (XOM), Chevron (CVX), and ConocoPhillips (COP) against each other to find the best oil stock despite the ongoing volatility, according to Wall Street analysts. Confident Investing Starts Here: Exxon Mobil (NYSE:XOM) Stock Energy giant Exxon Mobil's first-quarter earnings surpassed analysts' expectations but declined compared to the prior-year quarter due to lower oil prices amid fears that macro uncertainty and tariffs under the Trump administration would hit global demand. Nonetheless, higher volumes in the Permian Basin and Guyana and Exxon's cost reduction measures helped mitigate the impact of weak prices on earnings. Notably, Exxon Mobil's acquisition of Pioneer Natural has bolstered its position in the Permian Basin. Meanwhile, the company continues to reward shareholders with attractive returns. In Q1 2025, Exxon returned $9.1 billion to shareholders through $4.3 billion in dividends and $4.8 billion in share repurchases. XOM stock offers a dividend yield of 3.5%. Is Exxon Stock a Buy, Sell, or Hold? Recently, TD Cowen analyst Jason Gabelman reiterated a Buy rating on Exxon Mobil stock and increased the price target to $128 from $120, citing higher near-term earnings. Following investor meetings with management, the analyst stated that the company reiterated its potential to achieve a 10% annual earnings growth from 2024 to 2030 from de-risked projects. Gabelman noted that Exxon is satisfied with its current portfolio after executing $24 billion divestments since 2019. Gabelman said that XOM stock remains a top pick, given its clear earnings growth from differentiated projects that support stable and growing cash returns in a variety of price backdrops. He highlighted that Exxon continues to differentiate itself from peers by pursuing projects where it is the operator, in contrast to the past, when it would partner with other international oil companies to derisk its portfolio. Overall, Wall Street has assigned Exxon Mobil stock a Moderate Buy consensus rating based on eight Buys and six Holds. The average XOM stock price target of $123.14 indicates 13.7% upside potential. XOM stock is almost flat year-to-date. Chevron (NYSE:CVX) Stock Oil and gas giant Chevron slightly exceeded the Street's earnings expectations in Q1 2025, though EPS declined year-over-year as the company's upstream business was hit by lower oil prices. The bottom line was also impacted by a decline in refining margins on a year-over-year basis. Meanwhile, Chevron said that it plans to make repurchases in the range of $2.5 billion to $3 billion in Q2 2025, marking a slowdown from the $3.9 billion worth of stock bought back in the first quarter. That said, the company reaffirmed its full-year buybacks target of $10 billion to $20 billion. Coming to dividends, with a quarterly dividend of $1.71, CVX stock offers a dividend yield of 4.6%. All eyes are now on the final decision on the arbitration case with Exxon Mobil regarding Chevron's proposed acquisition of Hess Corporation. The case is focused on the applicability of Exxon Mobil's right of first refusal (ROFR) on Hess's 30% stake in the lucrative Stabroek block, which is part of Chevron's $53 billion acquisition of Hess. Is CVX a Buy, Hold, or Sell? Recently, Barclays analyst Betty Jiang reiterated a Hold rating on Chevron stock with a price target of $152. Considering Chevron's organic growth since 2023, Jiang believes that the Hess Corporation is now modestly accretive to the energy giant's cash flow multiples and leverage, but still dilutive on free cash flow yield. Jiang sees balanced risk/reward around the arbitration outcome related to the Hess acquisition. Overall, Chevron stock earns a Moderate Buy consensus rating based on 10 Buys, six Holds, and two Sell recommendations. The average CVX stock price target of $159.50 indicates 11.1% upside potential. CVX stock is flat on a year-to-date basis. ConocoPhillips (NYSE:COP) Stock COP stock has declined about 10% so far this year due to market challenges and concerns about the impact on demand due to a potential slowdown. ConocoPhillips delivered market-beating first-quarter results, as the impact of lower oil prices was offset by higher production, supported by the Marathon Oil acquisition. ConocoPhillips distributed $2.5 billion to shareholders in Q1 2025, including $1.5 billion via share repurchases and $1.0 billion through dividends. COP stock offers a dividend yield of 3.3%. Given a volatile macro backdrop, ConocoPhillips reduced its full-year capital expenditure and operating cost guidance. Is COP a Good Stock to Buy Now? Earlier this month, Citi analyst Alastair Syme lowered the price target for ConocoPhillips stock to $115 from $140 but reiterated a Buy rating. The 4-star analyst highlighted two reasons for COP stock's underperformance: investor skepticism toward the Marathon Oil acquisition and the decision to increase unit capital intensity by 25% to fund growth. However, Syme views the Marathon deal as a strategic move that will extend the life and improve the efficiency of existing assets. He expects the consolidation in the maturing shale plays to reduce costs and optimize capital allocation and bolster COP's position in key basins. Syme also noted COP's portfolio strength, a disciplined capital strategy, and strong balance sheet, which support resilience in a lower-price backdrop. Syme sees the pullback in the stock as a value opportunity due to ConocoPhillips' resilience, solid fundamentals, and long-term growth prospects. While the analyst slashed COP stock's price target to reflect a reduced terminal growth rate and higher cost of equity, he sees 'substantial upside' ahead. Syme finds COP stock's valuation compelling, noting that it trades at a 15% to 25% compared to the large-cap U.S. integrated oil companies such as Exxon Mobil and Chevron, while offering similar growth and defensiveness like the integrated energy majors. On TipRanks, ConocoPhillips stock scores a Strong Buy consensus rating based on 16 Buys and two Hold recommendations. The average COP stock price target of $113.50 indicates about 27% upside potential. Conclusion Wall Street is highly bullish on ConocoPhillips stock and cautiously optimistic on Exxon Mobil and Chevron. Analysts see higher upside potential in COP stock compared to the other two oil stocks. Their bullish stance is backed by ConocoPhillips' solid balance sheet, diversified business model, and the ability to navigate a challenging environment.
Yahoo
29-05-2025
- Business
- Yahoo
What will the new Bengals stadium negotiators cost Hamilton County?
Hamilton County has new lawyers to represent the taxpayers' interests in negotiations over Paycor Stadium renovations, with higher hourly rates. The Hamilton County Commissioners unanimously voted May 15 to replace Tom Gabelman as special project counsel for Paycor negotiations and riverfront developments with attorneys from Dinsmore and Shohl. They also voted to replace Gabelman in negotiations for the Great American Ballpark lease with the law firm of Vorys, Sater, Seymour and Pease. Hamilton County Prosecutor Connie Pillich supported the move, saying the county had been "treading water" in negotiations on Paycor. Gabelman had been representing the county in stadium talks for nearly 30 years. After the county terminated its contract with him, he resigned as a partner with Frost Brown Todd. Gabelman noted that the new lawyers' rates were nearly twice his rate at the commissioners' meeting and in a memo he released after the meeting. Gabelman charged the county $250 an hour, which was a discount. He told The Enquirer in 2019 that his usual rate was $560 an hour. In 2019, Gabelman estimated that Frost Brown Todd had received $21 million from the county in legal fees over 22 years. Pillich said the rate for Dinsmore partners will be $450 an hour, and $250 for its staff attorneys. When handling work on the Reds ballpark, partners with Vorys will make $425 an hour and staff attorneys will make $250. Pillich told reporters May 15 that she thinks the costs will wash out given the scope of the work and the fact that staff attorneys are billing at the same rate as Gabelman. She noted that the rates for the new law firms are also discounted. "I think that the law firms we recommended and the commissioners chose, I just think they've got an economy of scale based on how their offices are set up and based upon their national reputations. So I'm assuming they will work faster," she said. Pillich said her primary concern was ensuring the county is in a position to more forward with the stadiums and with riverfront development. "That's a huge part of our economic engine in this county and I want to make make sure they have the best tools available to them to make the decisions they need to make," she said. Regional politics reporter Erin Glynn can be reached at eglynn@ @ee_glynn on X or @eringlynn on Bluesky. This article originally appeared on Cincinnati Enquirer: What the new Paycor Stadium lawyers will cost Hamilton County
