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Analysts’ Top Energy Picks: Mach Natural Resources LP (MNR), California Resources Corp (CRC)

There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on Mach Natural Resources LP (MNRResearch Report) and California Resources Corp (CRCResearch Report) with bullish sentiments.

Mach Natural Resources LP (MNR)

In a report released today, Derrick Whitfield from Stifel Nicolaus maintained a Buy rating on Mach Natural Resources LP, with a price target of $29.00. The company’s shares closed last Tuesday at $17.85.

According to TipRanks.com, Whitfield has 0 stars on 0-5 stars ranking scale with an average return of -10.9% and a 32.0% success rate. Whitfield covers the NA sector, focusing on stocks such as Kimbell Royalty Partners, TXO Energy Partners LP, and Northern Oil And Gas.

Currently, the analyst consensus on Mach Natural Resources LP is a Strong Buy with an average price target of $25.33.

See Insiders’ Hot Stocks on TipRanks >>

California Resources Corp (CRC)

In a report released today, Nathaniel Pendleton from Stifel Nicolaus maintained a Buy rating on California Resources Corp, with a price target of $68.00. The company’s shares closed last Tuesday at $50.25.

Pendleton has an average return of 15.0% when recommending California Resources Corp.

According to TipRanks.com, Pendleton is ranked #4708 out of 8688 analysts.

Currently, the analyst consensus on California Resources Corp is a Strong Buy with an average price target of $64.00, a 26.8% upside from current levels. In a report issued on January 16, RBC Capital also maintained a Buy rating on the stock with a $65.00 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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