3 Energy Stocks Trending Now (OKE stock, OVV stock, EQT stock)
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According to energystockmovers.com, there are a few trending energy stocks that have recently received buy ratings and showing positive investor sentiment, as well as news headlines. With that said, the editors over at energystockmovers.com, are adding the stocks below to their energy stock watchlist. That staff here at finmarketnews.com, will continue to monitor these energy companies to see if the momentum continues. FinMarketNews.com is looking into these tickers DAWN, MTDR, AVY, CMC, MNST, RTX and more..
Recent OKE Stock Price: $79.60
Summary: ONEOK Inc. is an energy company engaged in natural gas and natural gas liquids (NGL) businesses. Its operations are divided into 3 reportable business segments: Natural Gas Gathering & Processing, Natural Gas Liquids and Natural Gas Pipelines. The Natural Gas Gathering & Processing segment provides nondiscretionary services to producers that include gathering and processing of natural gas produced from crude oil and natural gas wells. This segment gathers and processes natural gas in the Mid-Continent region. The Natural Gas Liquids segment owns and operates facilities primarily in Oklahoma, Kansas, Texas, New Mexico and the Rocky Mountain region where it provides nondiscretionary services to producers of NGLs. The Natural Gas Pipelines segment owns and operates regulated natural gas transmission pipelines and natural gas storage facilities. Other and eliminations is a non-operating segment consisting of the operating and leasing operations of the company's headquarters building and related parking facility.
Robert Kad analyst at Morgan Stanley reiterates coverage on ONEOK, Inc. (OKE) stock in the energy sector with a Hold rating and has set OKE's stock price target at $85.
TipRanks.com reports that ONEOK, Inc. currently has 5 analysts offering 12-month price targets on OKE and the consensus is a Hold rating with an average stock price target of $82.40. The most recent OKE stock price we have is $79.60 and we are not making any OKE forecasts at this time.
In addition, TradingView issued a buy rating for OKE over the next month, Barchart.com has a Strong buy rating and Yahoo! Finance has a Neutral short-term outlook. Remember, securities are volatile, so please do your own research on OKE stock. finmarketnews.com is not recommending this stock, we are just providing you with compiled information.
For the complete breakdown on OKE stock, please click here >>
Ovintiv Inc., OVV
Recent OVV Stock Price: $51.36
Summary: Ovintiv Inc. is an independent energy producer, which explores and churns out oil and natural gas from diverse assets located in the U.S. and Canada. Ovintiv acquired Newfield Exploration. A significant portion of the company's output comes from 3 core unconventional positions in N. America, Montney in British Columbia and Alberta, Anadarko Basin in Oklahoma and the Permian Basin in New Mexico. Its multi-basin premium portfolio also include acreage in N. Dakota's Bakken Shale and the Eagle Ford in Texas. It focuses on growth through a combination of acquisitions and active drilling. The company has consistently posted some of the strongest operational and financial results among the independent oil and gas producers.
Umang Choudhary analyst at Goldman Sachs reiterates coverage on Ovintiv Inc. (OVV) stock in the energy sector with a Hold rating and has set OVV's stock price target at $56.
TipRanks.com reports that Ovintiv Inc. currently has 5 analysts offering 12-month price targets on OVV and the consensus is a Buy rating with an average stock price target of $57.00. The most recent OVV stock price we have is $51.36 and we are not making any OVV forecasts at this time.
In addition, TradingView issued a buy rating for OVV over the next month, Barchart.com has a Strong buy rating and Yahoo! Finance has a Bearish short-term outlook. Remember, securities are volatile, so please do your own research on OVV stock. finmarketnews.com is not recommending this stock, we are just providing you with compiled information.
For the complete breakdown on OVV stock, please click here >>
EQT Corporation, EQT
Recent EQT Stock Price: $36.07
Summary: EQT Corporation is primarily an explorer and producer of natural gas, with primary focus on the Appalachian Basin in Ohio, Pennsylvania and West Virginia. The basin has been a major contributor to natural gas production growth in the United States. Notably, in terms of average daily sales volumes, EQT Corp is the largest natural gas producer in the domestic market. The upstream energy payer's operations in the basin spreads across millions of acres, with proved oil and gas reserve. Importantly, the company's core resources in the Appalachian Basin comprises huge inventory of drilling locations. The company has decided to spud wells in the Marcellus shale play in Pennsylvania, West Virginia and Ohio that is likely to back the company's incremental production volumes in the years to come. EQT Corp has set its strategic priorities to lower operating costs while maximizing production volumes. It is to be noted that EQT Corp is the only company in the Appalachian Basin that is considered investment grade.
Lloyd Byrne analyst at Jefferies reiterates coverage on EQT Corporation (EQT) stock in the energy sector with a Buy rating and has set EQT's stock price target at $42.
TipRanks.com reports that EQT Corporation currently has 5 analysts offering 12-month price targets on EQT and the consensus is a Hold rating with an average stock price target of $40.40. The most recent EQT stock price we have is $36.07 and we are not making any EQT forecasts at this time.
In addition, TradingView issued a buy rating for EQT over the next month, Barchart.com has a sell rating and Yahoo! Finance has a Bullish short-term outlook. Remember, securities are volatile, so please do your own research on EQT stock. finmarketnews.com is not recommending this stock, we are just providing you with compiled information.
For the complete breakdown on EQT stock, please click here >>
The editors at finmarketnews.com use a variety of research tools to generate our watchlists and research reports. One resource you need to consider using Tipranks.com where as a premium member you get access to all buy ratings, price targets and insider trading signals. TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star RankingTM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>
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