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Analysts Offer Insights on Energy Companies: Spartan Delta (OtherDALXF), Oneok (OKE) and APA (APA)

There’s a lot to be optimistic about in the Energy sector as 3 analysts just weighed in on Spartan Delta (DALXFResearch Report), Oneok (OKEResearch Report) and APA (APAResearch Report) with bullish sentiments.

Spartan Delta (DALXF)

In a report released today, Cameron Bean from Scotiabank maintained a Buy rating on Spartan Delta, with a price target of C$5.00. The company’s shares closed last Monday at $2.26, close to its 52-week low of $1.95.

According to TipRanks.com, Bean is a 1-star analyst with an average return of -1.8% and a 47.5% success rate. Bean covers the NA sector, focusing on stocks such as National Fuel Gas Company, Paramount Resources, and Southwestern Energy.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Spartan Delta with a $3.41 average price target.

See the top stocks recommended by analysts >>

Oneok (OKE)

Scotiabank analyst Tristan Richardson maintained a Buy rating on Oneok today and set a price target of $86.00. The company’s shares closed last Monday at $72.91, close to its 52-week high of $73.83.

According to TipRanks.com, Richardson is a 3-star analyst with an average return of 3.1% and a 52.9% success rate. Richardson covers the NA sector, focusing on stocks such as Enterprise Products Partners, Cheniere Energy, and Targa Resources.

Currently, the analyst consensus on Oneok is a Moderate Buy with an average price target of $78.30, a 7.6% upside from current levels. In a report released yesterday, Wells Fargo also maintained a Buy rating on the stock with a $77.00 price target.

APA (APA)

Benchmark Co. analyst Subash Chandra maintained a Buy rating on APA today and set a price target of $36.00. The company’s shares closed last Monday at $29.62, close to its 52-week low of $29.47.

According to TipRanks.com, Chandra is a 5-star analyst with an average return of 12.5% and a 48.9% success rate. Chandra covers the NA sector, focusing on stocks such as Magnolia Oil & Gas, Permian Resources, and Chesapeake Energy.

APA has an analyst consensus of Moderate Buy, with a price target consensus of $41.65, implying a 39.0% upside from current levels. In a report issued on February 22, Roth MKM also maintained a Buy rating on the stock with a $37.00 price target.

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