Latest news with #RogerRead
Business Insider
4 days ago
- Business
- Business Insider
Wells Fargo Remains a Buy on EOG Resources (EOG)
Wells Fargo analyst Roger Read maintained a Buy rating on EOG Resources (EOG – Research Report) on May 30 and set a price target of $146.00. Confident Investing Starts Here: Read covers the Energy sector, focusing on stocks such as Valero Energy, Devon Energy, and EOG Resources. According to TipRanks, Read has an average return of -0.2% and a 44.47% success rate on recommended stocks. In addition to Wells Fargo, EOG Resources also received a Buy from BMO Capital's Phillip Jungwirth in a report issued on May 30. However, on the same day, TD Cowen maintained a Hold rating on EOG Resources (NYSE: EOG). EOG market cap is currently $59.26B and has a P/E ratio of 10.08. Based on the recent corporate insider activity of 100 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 EOG in relation to earlier this year. Most recently, in April 2025, Jeffrey R. Leitzell, the EVP & COO of EOG sold 4,037.00 shares for a total of $515,771.56.
Business Insider
15-05-2025
- Business
- Business Insider
Wells Fargo Sticks to Their Sell Rating for Delek US Holdings (DK)
In a report released yesterday, Roger Read from Wells Fargo maintained a Sell rating on Delek US Holdings (DK – Research Report), with a price target of $11.00. The company's shares closed yesterday at $17.46. Confident Investing Starts Here: Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter According to TipRanks, Read is a 3-star analyst with an average return of 1.3% and a 48.89% success rate. Read covers the Energy sector, focusing on stocks such as Devon Energy, HF Sinclair Corporation, and Occidental Petroleum. In addition to Wells Fargo, Delek US Holdings also received a Sell from TD Cowen's Jason Gabelman in a report issued on May 8. However, on May 13, Mizuho Securities upgraded Delek US Holdings (NYSE: DK) to a Buy. DK market cap is currently $991.7M and has a P/E ratio of -1.37. Based on the recent corporate insider activity of 60 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 DK in relation to earlier this year. Most recently, in March 2025, Ezra Uzi Yemin, the Chairman of DK bought 4,875.00 shares for a total of $75,026.25.
Business Insider
15-05-2025
- Business
- Business Insider
Occidental Petroleum (OXY) Receives a Hold from Wells Fargo
In a report released yesterday, Roger Read from Wells Fargo maintained a Hold rating on Occidental Petroleum (OXY – Research Report), with a price target of $42.00. The company's shares closed yesterday at $43.82. Confident Investing Starts Here: Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter According to TipRanks, Read is a 3-star analyst with an average return of 1.3% and a 48.89% success rate. Read covers the Energy sector, focusing on stocks such as Devon Energy, HF Sinclair Corporation, and Occidental Petroleum. In addition to Wells Fargo, Occidental Petroleum also received a Hold from Mizuho Securities's Nitin Kumar CFA in a report issued on May 13. However, on May 8, Raymond James reiterated a Buy rating on Occidental Petroleum (NYSE: OXY). Based on Occidental Petroleum's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $6.8 billion and a net profit of $936 million. In comparison, last year the company earned a revenue of $5.98 billion and had a net profit of $888 million Based on the recent corporate insider activity of 56 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 OXY in relation to earlier this year. Last month, Avedick Baruyr Poladian, a Director at OXY bought 9,327.00 shares for a total of $198,665.10.
Business Insider
14-05-2025
- Business
- Business Insider
Wells Fargo Keeps Their Buy Rating on Conocophillips (COP)
Wells Fargo analyst Roger Read maintained a Buy rating on Conocophillips (COP – Research Report) yesterday and set a price target of $113.00. The company's shares closed yesterday at $94.17. Confident Investing Starts Here: Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter Read covers the Energy sector, focusing on stocks such as HF Sinclair Corporation, Valero Energy, and Devon Energy. According to TipRanks, Read has an average return of 0.9% and a 47.89% success rate on recommended stocks. Conocophillips has an analyst consensus of Strong Buy, with a price target consensus of $113.59, a 20.62% upside from current levels. In a report released yesterday, Mizuho Securities also maintained a Buy rating on the stock with a $125.00 price target. Based on Conocophillips' latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $17.1 billion and a net profit of $2.85 billion. In comparison, last year the company earned a revenue of $13.85 billion and had a net profit of $2.55 billion
Business Insider
14-05-2025
- Business
- Business Insider
Murphy Oil (MUR) Gets a Hold from Wells Fargo
Wells Fargo analyst Roger Read maintained a Hold rating on Murphy Oil (MUR – Research Report) yesterday and set a price target of $26.00. The company's shares closed yesterday at $23.33. Confident Investing Starts Here: Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter Read covers the Energy sector, focusing on stocks such as HF Sinclair Corporation, Valero Energy, and Devon Energy. According to TipRanks, Read has an average return of 0.9% and a 47.89% success rate on recommended stocks. Murphy Oil has an analyst consensus of Hold, with a price target consensus of $27.18, a 16.50% upside from current levels. In a report released yesterday, Mizuho Securities also downgraded the stock to a Hold with a $31.00 price target. MUR market cap is currently $3.28B and has a P/E ratio of 8.82. Based on the recent corporate insider activity of 34 insiders, corporate insider sentiment is neutral on the stock. Most recently, in February 2025, Louis W Utsch, the VP of MUR sold 9,584.00 shares for a total of $269,310.40.
