Here's how to play oil-industry stocks for -2-
Exxon Mobil Corp. $9.52 $10.43 $11.27 8.8% Source: FactSet
Finally, here's a summary of analysts' opinions about these stocks:
Company Share "buy" ratings Share neutral ratings Share "sell" ratings Consensus price target May 5 closing price Implied 12-month upside potential Schlumberger N.V. 94% 6% 0% $64.74 $45.75 42% Weatherford International PLC 86% 0% 14% $90.00 $60.79 48% Halliburton Co. 96% 4% 0% $48.08 $29.88 61% TechnipFMC PLC 89% 11% 0% $18.73 $14.25 31% Oceaneering International Inc. 50% 50% 0% $22.00 $17.04 29% Hess Corp. 56% 37% 7% $163.27 $136.30 20% Noble Corp. PLC Class A 91% 9% 0% $56.00 $37.09 51% Exxon Mobil Corp. 48% 49% 3% $128.50 $108.68 18% Source: FactSet
It is important to keep in mind that ratings among analysts who work for brokerage firms are typically based on their 12-month outlook for the shares. Investors such Peters and Wong have longer-term horizons.
The data above might serve as a starting point for your own research.
-Philip van Doorn
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
05-13-23 0931ET
Copyright (c) 2023 Dow Jones & Company, Inc.-
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