Latest news with #LloydByrne
Yahoo
6 days ago
- Business
- Yahoo
Here is Why Sable Offshore (SOC) Skyrocketed This Week
The share price of Sable Offshore Corp. (NYSE:SOC) surged by 35.52% between July 15 and July 22, 2025, putting it among the Energy Stocks that Gained the Most This Week. An offshore drilling rig in the Gulf of Mexico surrounded by a sea of blue. Sable Offshore Corp. (NYSE:SOC) is a Houston-based independent upstream company focused on developing the prolific Santa Ynez Unit in federal waters offshore California. Sable Offshore Corp. (NYSE:SOC) soared recently after a California court ruling allowed the company to move forward with certain preparatory steps for restarting its Las Flores pipelines, but prohibited the actual restart pending the receipt of a signed notice of compliance. Following the development, Jefferies analyst Lloyd Byrne stated that Sable Offshore Corp. (NYSE:SOC) is on track to have the injunction lifted and to restart Santa Ynez Unit operations. Moreover, Roth Capital analyst Leo Mariani also stated that the ruling means the 'path is paved' for Sable to receive a final affirmative ruling for its offshore pipeline to be restarted in the 'very near future'. While we acknowledge the potential of SOC 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 The 5 Energy Stocks Billionaires are Quietly Piling Into. 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
Business Insider
21-07-2025
- Business
- Business Insider
Sable on track to restart Santa Ynez operations, says Jefferies
Jefferies analyst Lloyd Byrne attributes the recent share rally in Sable Offshore (SOC) to Superior Court of California Judge Donna Geck's ruling that allows the company to proceed with restarting pipelines 324 and 325 and commence first oil sales in August, once the terms to lift the injunction are met. Sable is on track to have the injunction lifted and to restart Santa Ynez Unit operations, the analyst tells investors in a research note. The firm points that the petitioners have indicated they will seek a delay in lifting the injunction. Jefferies keeps a Buy rating on Sable Offshore with a $38 price target 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.
Business Insider
10-07-2025
- Business
- Business Insider
Jefferies Remains a Buy on Antero Resources (AR)
Jefferies analyst Lloyd Byrne reiterated a Buy rating on Antero Resources today and set a price target of $50.00. The company's shares closed today at $35.56. 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. Byrne covers the Energy sector, focusing on stocks such as Baker Hughes Company, Expand Energy, and Canadian Natural. According to TipRanks, Byrne has an average return of 18.3% and a 54.80% success rate on recommended stocks. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Antero Resources with a $46.43 average price target, a 30.57% upside from current levels. In a report released yesterday, J.P. Morgan also reiterated a Buy rating on the stock with a $49.00 price target. The company has a one-year high of $44.02 and a one-year low of $24.53. Currently, Antero Resources has an average volume of 4.82M. Based on the recent corporate insider activity of 62 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of AR in relation to earlier this year. Most recently, in May 2025, Yvette K Schultz, the SVP – Legal, Chief Compliance Officer, GC and Corporate Secretary of AR sold 25,200.00 shares for a total of $1,004,472.00.
Business Insider
28-06-2025
- Business
- Business Insider
Jefferies Sticks to Their Buy Rating for Halliburton (HAL)
Jefferies analyst Lloyd Byrne reiterated a Buy rating on Halliburton (HAL – Research Report) today and set a price target of $32.00. The company's shares closed yesterday at $20.57. Confident Investing Starts Here: Byrne covers the Energy sector, focusing on stocks such as Baker Hughes Company, Expand Energy, and Canadian Natural. According to TipRanks, Byrne has an average return of 18.1% and a 50.90% success rate on recommended stocks. In addition to Jefferies, Halliburton also received a Buy from Wells Fargo's Roger Read in a report issued on June 24. However, on June 26, RBC Capital maintained a Hold rating on Halliburton (NYSE: HAL). Based on Halliburton's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $5.42 billion and a net profit of $204 million. In comparison, last year the company earned a revenue of $5.8 billion and had a net profit of $606 million Based on the recent corporate insider activity of 65 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of HAL in relation to earlier this year. Last month, Weiss Janet L, a Director at HAL bought 8,550.00 shares for a total of $169,119.00.
Business Insider
25-06-2025
- Business
- Business Insider
Jefferies Keeps Their Buy Rating on Flowco Holdings Inc Class A (FLOC)
Jefferies analyst Lloyd Byrne reiterated a Buy rating on Flowco Holdings Inc Class A (FLOC – Research Report) today and set a price target of $32.00. The company's shares closed today at $17.82. 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 Byrne covers the Energy sector, focusing on stocks such as Baker Hughes Company, Expand Energy, and Canadian Natural. According to TipRanks, Byrne has an average return of 18.2% and a 52.06% success rate on recommended stocks. The word on The Street in general, suggests a Strong Buy analyst consensus rating for Flowco Holdings Inc Class A with a $33.80 average price target. The company has a one-year high of $30.50 and a one-year low of $15.83. Currently, Flowco Holdings Inc Class A has an average volume of 422.5K. Based on the recent corporate insider activity of 19 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of FLOC in relation to earlier this year. Last month, Paul Hobby, a Director at FLOC bought 500.00 shares for a total of $9,500.00.
