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Analysts Conflicted on These Energy Names: EOG Resources (EOG), Karoon Energy Ltd (OtherKRNGF) and Kimbell Royalty Partners (KRP)

Analysts have been eager to weigh in on the Energy sector with new ratings on EOG Resources (EOGResearch Report), Karoon Energy Ltd (KRNGFResearch Report) and Kimbell Royalty Partners (KRPResearch Report).

EOG Resources (EOG)

Wells Fargo analyst Roger Read assigned a Hold rating to EOG Resources on January 26 and set a price target of $126.00. The company’s shares closed last Friday at $115.54.

According to TipRanks.com, Read is a 5-star analyst with an average return of 9.4% and a 59.9% success rate. Read covers the NA sector, focusing on stocks such as Crescent Energy Company Class A, Calumet Specialty Products, and Liberty Oilfield Services.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for EOG Resources with a $146.71 average price target.

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Karoon Energy Ltd (KRNGF)

Jarden analyst Nic Burns maintained a Buy rating on Karoon Energy Ltd on January 24 and set a price target of A$2.40. The company’s shares closed last Friday at $1.30.

According to TipRanks.com, Burns is a 2-star analyst with an average return of 0.0% and a 49.5% success rate. Burns covers the NA sector, focusing on stocks such as Carnarvon Energy Limited, Beach Energy Limited, and Santos Limited.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Karoon Energy Ltd with a $1.71 average price target, which is a 31.5% upside from current levels. In a report issued on January 11, J.P. Morgan also maintained a Buy rating on the stock with a A$2.80 price target.

Kimbell Royalty Partners (KRP)

Bank of America Securities analyst John Abbott reiterated a Buy rating on Kimbell Royalty Partners on January 26 and set a price target of $17.00. The company’s shares closed last Friday at $14.99.

According to TipRanks.com, Abbott is a 3-star analyst with an average return of 5.6% and a 57.5% success rate. Abbott covers the NA sector, focusing on stocks such as National Fuel Gas Company, Granite Ridge Resources, and Northern Oil And Gas.

Kimbell Royalty Partners has an analyst consensus of Strong Buy, with a price target consensus of $19.33, implying a 29.9% upside from current levels. In a report issued on January 11, KeyBanc also maintained a Buy rating on the stock with a $20.00 price target.

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