4 Energy Stocks Trending Now (BKR stock, HAL stock, MTDR 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 BKR Stock Price: $32.67
Summary: Baker Hughes Company is one of the world's largest oilfield service providers. The integrated oilfield products and digital solutions of Baker Hughes help customers efficiently and cost-effectively refine and transport hydrocarbons with low environmental concerns. Moreover, with growing demand for clean energy and the need to curb greenhouse gas emissions, countries around the world are investing in LNG terminals. This has given Baker Hughes the opportunity to expand its reach beyond oilfields in order to capitalize on contracts for manufacturing equipment that is being used in LNG facilities.
Lloyd Byrne analyst at Jefferies reiterates coverage on Baker Hughes Company (BKR) stock in the energy sector with a Buy rating and has set BKR's stock price target at $43.
TipRanks.com reports that Baker Hughes Company currently has 5 analysts offering 12-month price targets on BKR and the consensus is a Buy rating with an average stock price target of $41.60. The most recent BKR stock price we have is $32.67 and we are not making any BKR forecasts at this time.
In addition, TradingView issued a rating for BKR over the next month, Barchart.com has a Weak sell rating and Yahoo! Finance has short-term outlook. Remember, securities are volatile, so please do your own research on BKR stock. finmarketnews.com is not recommending this stock, we are just providing you with compiled information.
For the complete breakdown on BKR stock, please click here >>
Halliburton Company, HAL
Recent HAL Stock Price: $38.72
Summary: Halliburton Company is one of the largest oilfield service providers in the world, offering a variety of equipment, maintenance, and engineering and construction services to the energy, industrial and government sectors. Halliburton operates under two main segments: Completion and Production, and Drilling and Evaluation. The Completion and Production segment supplies cementing, stimulation, intervention and completion services. The unit comprises production enhancement services, completion tools and services, and cementing services. Halliburton's Drilling and Evaluation segment provides field and reservoir modeling, drilling, evaluation, and well construction solutions that allow clients to model, measure and optimize their well placement, stability and reservoir evaluation activities. The division consists of fluid services, drilling services, drill bits, wireline and perforating services, testing and subsea services, software and asset solutions, as well as project management services.
Stephen Gengaro analyst at Stifel Nicolaus reiterates coverage on Halliburton Company (HAL) stock in the energy sector with a Buy rating and has set HAL's stock price target at $47.
TipRanks.com reports that Halliburton Company currently has 5 analysts offering 12-month price targets on HAL and the consensus is a Buy rating with an average stock price target of $48.60. The most recent HAL stock price we have is $38.72 and we are not making any HAL forecasts at this time.
In addition, TradingView issued a rating for HAL over the next month, Barchart.com has a Weak buy rating and Yahoo! Finance has short-term outlook. Remember, securities are volatile, so please do your own research on HAL stock. finmarketnews.com is not recommending this stock, we are just providing you with compiled information.
For the complete breakdown on HAL stock, please click here >>
Matador Resources Company, MTDR
Recent MTDR Stock Price: $65.29
Summary: Matador Resources Company is among the leading oil and gas explorer in the shale and unconventional resources in the U.S. It operates in the Cotton Valley and Haynesville shale resources. The company is also committed toward developing and evaluating additional resources that will boost oil and natural gas production, proved reserves and cashflows. In fact, it emphasized that it has successfully widened its reserve base and production of commodities despite a challenging business scenario owing to volatile oil and gas prices. Through San Mateo Midstream, LLC, joint venture between an affiliate of Matador and Five Point Energy LLC, the company conducts midstream businesses to support upstream operations. Starting from transporting oil, gathering natural gas, crude and salt water, Matador's midstream operations also comprises of processing natural gas. There is ample demand for midstream infrastructures like oil and gas transportation as well as gathering assets in the U.S. shale plays like the Permian Basin.
Neal Dingmann analyst at Truist Financial reiterates coverage on Matador Resources Company (MTDR) stock in the energy sector with a Buy rating and has set MTDR's stock price target at n/a.
TipRanks.com reports that Matador Resources Company currently has 4 analysts offering 12-month price targets on MTDR and the consensus is a Buy rating with an average stock price target of $78.75. The most recent MTDR stock price we have is $65.29 and we are not making any MTDR forecasts at this time.
In addition, TradingView issued a rating for MTDR over the next month, Barchart.com has a Strong buy rating and Yahoo! Finance has short-term outlook. Remember, securities are volatile, so please do your own research on MTDR stock. finmarketnews.com is not recommending this stock, we are just providing you with compiled information.
For the complete breakdown on MTDR stock, please click here >>
EQT Corporation, EQT
Recent EQT Stock Price: $39.43
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.
Gabriele Sorbara analyst at Siebert Williams Shank & Co reiterates coverage on EQT Corporation (EQT) stock in the energy sector with a Hold rating and has set EQT's stock price target at $43.
TipRanks.com reports that EQT Corporation currently has 4 analysts offering 12-month price targets on EQT and the consensus is a Hold rating with an average stock price target of $45.75. The most recent EQT stock price we have is $39.43 and we are not making any EQT forecasts at this time.
In addition, TradingView issued a rating for EQT over the next month, Barchart.com has a Weak buy rating and Yahoo! Finance has 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 >>
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