Analysts Offer Insights on Energy Companies: Western Midstream Partners (WES), Mach Natural Resources LP (MNR) and California Resources Corp (CRC)
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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 TipRanks.com, 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 TipRanks.com, 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 TipRanks.com, 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.
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