Analysts’ Opinions Are Mixed on These Energy Stocks: Parex Resources (OtherPARXF), HF Sinclair Corporation (DINO) and Kinetik (KNTK)

Companies in the Energy sector have received a lot of coverage today as analysts weigh in on Parex Resources (PARXF – Research Report), HF Sinclair Corporation (DINO – Research Report) and Kinetik (KNTK – Research Report).

Parex Resources (PARXF)

Scotiabank analyst Kevin Fisk maintained a Hold rating on Parex Resources today and set a price target of C$27.00. The company’s shares closed last Wednesday at $17.22.

According to TipRanks.com, Fisk is ranked #7915 out of 8826 analysts.

Parex Resources has an analyst consensus of Strong Buy, with a price target consensus of $21.57.

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HF Sinclair Corporation (DINO)

In a report released today, Paul Cheng from Scotiabank maintained a Buy rating on HF Sinclair Corporation, with a price target of $66.00. The company’s shares closed last Wednesday at $56.95.

According to TipRanks.com, Cheng is a 4-star analyst with an average return of 3.4% and a 52.3% success rate. Cheng covers the NA sector, focusing on stocks such as Occidental Petroleum, Clean Energy Fuels, and Marathon Petroleum.

Currently, the analyst consensus on HF Sinclair Corporation is a Moderate Buy with an average price target of $67.50, a 18.2% upside from current levels. In a report released yesterday, Wells Fargo also maintained a Buy rating on the stock with a $76.00 price target.

Kinetik (KNTK)

In a report released today, Tristan Richardson from Scotiabank reiterated a Buy rating on Kinetik, with a price target of $38.00. The company’s shares closed last Wednesday at $39.37, close to its 52-week high of $40.42.

According to TipRanks.com, Richardson is a 3-star analyst with an average return of 2.7% and a 51.8% success rate. Richardson covers the NA sector, focusing on stocks such as Enterprise Products Partners, Plains All American, and Plains GP Holdings.

Kinetik has an analyst consensus of Strong Buy, with a price target consensus of $40.29.

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