Latest news with #JohnFreeman
Yahoo
27-06-2025
- Business
- Yahoo
SM Energy (SM) Declines After a Rating Downgrade
The share price of SM Energy Company (NYSE:SM) fell by 10.42% between June 18 and June 25, 2025, putting it among the Energy Stocks that Lost the Most This Week. A row of massive oil rigs in a desert landscape, against a setting sun. SM Energy Company (NYSE:SM) is an independent energy company focused on the exploration, exploitation, development, acquisition, and production of natural gas and crude oil in the United States. SM Energy Company (NYSE:SM) declined this week after Raymond James analyst John Freeman double downgraded the stock from 'Outperform' to 'Underperform', without stating a price target. The downgrade comes on the back of lower oil prices and inventory concerns. The analyst mentioned that as the geopolitical risk premium unwinds on oil, the fundamentals support an oil price closer to $60 per barrel for an extended period, unless geopolitical risks resurface or OPEC changes course from its internal price war. Raymond James highlighted that SM Energy Company (NYSE:SM) has a below-average core inventory life in the Permian Basin, which 'puts increasing pressure on the Uinta to fill the gap.' As of the writing of this piece, SM Energy Company (NYSE:SM) has fallen by more than 38% since the beginning of 2025. While we acknowledge the potential of SM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best Nuclear Energy Stocks to Buy Right Now and 12 Best Natural Gas Stocks to Buy According to Analysts Disclosure: None. Sign in to access your portfolio
Yahoo
27-06-2025
- Business
- Yahoo
Vital Energy (VTLE) Nosedives Amid Rating Downgrade
The share price of Vital Energy, Inc. (NYSE:VTLE) fell by 20.75% between June 18 and June 25, 2025, putting it among the Energy Stocks that Lost the Most This Week. Aerial view of an oil well and the rig in the Permian Basin, West Texas. Vital Energy, Inc. (NYSE:VTLE), an independent energy company that engages in the acquisition, exploration, and development of oil and natural gas properties in the Permian Basin of West Texas. Vital Energy, Inc. (NYSE:VTLE) had surged by over 40% this month, but fell heavily recently after Raymond James analyst John Freeman double downgraded the stock from 'Outperform' to 'Underperform', citing the expectations that oil prices could slide to around $60 per barrel for an extended period as geopolitical risk premiums unwind. The analyst also highlighted Vital Energy's lower inventory life in the Permian Basin as a factor in the downgrade decision. Vital Energy, Inc. (NYSE:VTLE) was also impacted by the slump in global crude oil prices, with the WTI crude price falling by almost 12% since June 20, 2025. That said, Vital Energy, Inc. (NYSE:VTLE) released an investor presentation this week, reaffirming the company's outlook for FY 2025. VTLE is targeting a total production of 135.3 – 139.8 mboe/d, with a projected adjusted free cash flow of around $265 million for the year. While we acknowledge the potential of VTLE as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best Nuclear Energy Stocks to Buy Right Now and 12 Best Natural Gas Stocks to Buy According to Analysts Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
25-06-2025
- Business
- Yahoo
Analysts are Highly Bullish on This Natural Gas Stock
Coterra Energy Inc. (NYSE:CTRA) is one of the 12 Best Natural Gas Stocks to Buy According to Analysts. An oil rig pumping under the open sky of the Permian Basin. Coterra Energy Inc. (NYSE:CTRA) received a boost recently after Raymond James analyst John Freeman raised the stock's price target from $33 to $38, while maintaining an 'Outperform' rating on its shares. The development follows Coterra's performance in the first quarter of 2025, which saw production levels at the upper end of expectations and capital expenditure surpassing estimates. However, the company is pausing development in the Eastern Culberson Harkey to address wellbore cement issues caused by elevated water volumes. Additionally, Piper Sandler maintained an 'Overweight' rating on Coterra Energy Inc. (NYSE:CTRA), with a price target of $36. The analyst highlighted the company's enhanced reinvestment opportunities following its recent acquisitions in the New Mexico Delaware Basin. The share price of Coterra Energy Inc. (NYSE:CTRA) has grown by 10% over the last month. Coterra Energy Inc. (NYSE:CTRA) is a premier, diversified energy company that engages in the exploration, development, and production of oil, natural gas, and NGLs in the United States. While we acknowledge the potential of CTRA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best Nuclear Energy Stocks to Buy Right Now and Disclosure: None. Sign in to access your portfolio
Globe and Mail
24-06-2025
- Business
- Globe and Mail
Analysts Offer Insights on Energy Companies: Western Midstream Partners (WES), Mach Natural Resources LP (MNR) and California Resources Corp (CRC)
Companies in the Energy sector have received a lot of coverage today as analysts weigh in on Western Midstream Partners (WES – Research Report), Mach Natural Resources LP (MNR – Research Report) and California Resources Corp (CRC – Research Report). 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 Western Midstream Partners (WES) Morgan Stanley analyst Robert Kad maintained a Sell rating on Western Midstream Partners today and set a price target of $41.00. The company's shares closed last Monday at $38.88. According to Kad is a 4-star analyst with an average return of 9.6% and a 65.2% success rate. Kad covers the NA sector, focusing on stocks such as Enterprise Products Partners, Plains All American, and Plains GP Holdings. ;'> The word on The Street in general, suggests a Hold analyst consensus rating for Western Midstream Partners with a $40.57 average price target. In a report released today, John Freeman from Raymond James reiterated a Buy rating on Mach Natural Resources LP, with a price target of $21.00. The company's shares closed last Monday at $15.47. According to Freeman is a top 25 analyst with an average return of 42.2% and a 72.5% success rate. Freeman covers the NA sector, focusing on stocks such as Infinity Natural Resources, Inc. Class A, Crescent Energy Company Class A, and National Fuel Gas Company. ;'> Currently, the analyst consensus on Mach Natural Resources LP is a Strong Buy with an average price target of $21.00. California Resources Corp (CRC) In a report released today, Leo Mariani from Roth MKM maintained a Buy rating on California Resources Corp, with a price target of $48.00. The company's shares closed last Monday at $46.98. According to Mariani is a top 100 analyst with an average return of 28.1% and a 63.5% success rate. Mariani covers the NA sector, focusing on stocks such as Occidental Petroleum, Magnolia Oil & Gas, and Comstock Resources. ;'> California Resources Corp has an analyst consensus of Strong Buy, with a price target consensus of $55.80, which is a 16.4% upside from current levels. In a report issued on June 10, TD Cowen also maintained a Buy rating on the stock with a $45.34 price target.
Yahoo
14-06-2025
- Business
- Yahoo
Coterra Energy price target raised to $38 from $33 at Raymond James
Raymond James analyst John Freeman raised the firm's price target on Coterra Energy (CTRA) to $38 from $33 and keeps an Outperform rating on the shares. Coterra Energy posted Q1 production at the high end of guidance and beat on capex, but it is pausing Harkey development in the Eastern Culberson and performing wellbore cement remediation work due to high water volumes, the analyst tells investors in a research note. The company ended Q1 with 13 rigs in the Permian, and the original plan calling for 10 rigs in the second half of 2025 has been reduced to seven rigs, the firm says. 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 Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommended by analysts >> Read More on CTRA: Disclaimer & DisclosureReport an Issue SCHD ETF News, 6/3/2025 Coterra, Expand Energy could benefit from NY wind deal, says Citi Coterra Energy downgraded to Neutral from Outperform at Pickering Energy SCHD ETF News, 5/20/2025 SCHD ETF News, 5/16/2025
