Ratings by Scotiabank (Paul Cheng)

Date CompanySymbol Type Rating
(Past)
PT
(Past)
Start $
(End $)
% Chg. Details
5/13/2026 Murphy Oil Corp. MUR Maintain Sector Perform
(N/A)
 
 
  Details
4/22/2026 Permian Resources Corp PR Maintain Sector Outperform
(N/A)
 
 
  Details
4/22/2026 Chord Energy Corp CHRD Maintain Sector Perform
(N/A)
 
 
  Details
4/22/2026 Montauk Renewables, Inc. MNTK Maintain Sector Perform
(N/A)
 
 
  Details
4/22/2026 Darling Ingredients DAR Maintain Sector Outperform
(N/A)
 
 
  Details
4/22/2026 Valero Energy VLO Maintain Sector Outperform
(N/A)
 
 
  Details
4/22/2026 Shell Plc. SHEL Maintain Sector Outperform
(N/A)
 
 
  Details
4/22/2026 Phillips 66 PSX Maintain Sector Perform
(N/A)
 
 
  Details
4/22/2026 PBF Energy PBF Maintain Sector Perform
(N/A)
 
 
  Details
4/22/2026 Occidental Petroleum OXY Maintain Sector Perform
(N/A)
 
 
  Details
4/22/2026 Marathon Petroleum MPC Maintain Sector Outperform
(N/A)
 
 
  Details
4/22/2026 ExxonMobil XOM Maintain Sector Outperform
(N/A)
 
 
  Details
4/22/2026 EOG Resources EOG Maintain Sector Perform
(N/A)
 
 
  Details
4/22/2026 Diamondback Energy FANG Maintain Sector Outperform
(N/A)
 
 
  Details
4/22/2026 Devon Energy DVN Maintain Sector Perform
(N/A)
 
 
  Details
4/22/2026 Coterra Energy CTRA Maintain Sector Perform
(N/A)
 
 
  Details
4/22/2026 ConocoPhillips COP Maintain Sector Perform
(N/A)
 
 
  Details
4/22/2026 Chevron CVX Maintain Sector Perform
(N/A)
 
 
  Details
4/22/2026 BP BP Maintain Sector Outperform
(N/A)
 
 
  Details
4/22/2026 APA Corp. APA Maintain Sector Perform
(N/A)
 
 
  Details
2/23/2026 Devon Energy DVN Maintain Sector Perform
(N/A)
 
 
  Details
2/3/2026 Devon Energy DVN Maintain Sector Perform
(N/A)
 
 
  Details
2/2/2026 Coterra Energy CTRA Downgrade Sector Perform
(Sector Outperform)
28.85
(32.56)
12.86% Details
11/3/2025 ExxonMobil XOM Maintain Sector Outperform
(N/A)
 
 
  Details
9/26/2025 EOG Resources EOG Downgrade Sector Perform
(Sector Outperform)
117.30
(158.01)
34.71% Details
9/19/2025 Permian Resources Corp PR New Coverage Sector Outperform
(N/A)
13.56
(24.59)
81.34% Details
9/19/2025 Chord Energy Corp CHRD New Coverage Sector Perform
(N/A)
105.35
(154.56)
46.71% Details
8/14/2025 BP BP Upgrade Sector Outperform
(Sector Perform)
34.31
(50.21)
46.34% Details
7/11/2025 Phillips 66 PSX Downgrade Sector Perform
(Sector Outperform)
130.51
(293.17)
124.63% Details
10/10/2024 ExxonMobil XOM Upgrade Sector Outperform
(Sector Perform)
122.09
(178.98)
46.6% Details
10/10/2024 BP BP Downgrade Sector Perform
(Sector Outperform)
31.98
(34.31)
7.29% Details
10/8/2024 Shell Plc. SHEL Maintain Sector Outperform
(N/A)
 
 
  Details
10/4/2024 ExxonMobil XOM Maintain Sector Perform
(N/A)
 
 
  Details
9/12/2024 Apache Corp. APA Maintain Sector Perform
(N/A)
 
 
  Details
9/3/2024 Clean Energy Fuels CLNE Maintain Sector Outperform
(N/A)
 
 
  Details
9/3/2024 OPAL Fuels Inc OPAL Downgrade Sector Perform
(Sector Outperform)
3.59
(1.56)
-56.55% Details
9/3/2024 Montauk Renewables, Inc. MNTK Downgrade Sector Perform
(Sector Outperform)
4.69
(2.14)
-54.37% Details
8/16/2024 Devon Energy DVN Maintain Sector Outperform
(N/A)
 
 
  Details
7/15/2024 Diamondback Energy FANG Maintain Sector Outperform
(N/A)
 
 
  Details
7/15/2024 Apache Corp. APA Maintain Sector Perform
(N/A)
 
 
  Details
7/12/2024 Valero Energy VLO Maintain Sector Outperform
(N/A)
 
 
  Details
7/12/2024 Phillips 66 PSX Maintain Sector Outperform
(N/A)
 
 
  Details
7/12/2024 PBF Energy PBF Maintain Sector Perform
(N/A)
 
 
  Details
7/12/2024 Murphy Oil Corp. MUR Maintain Sector Perform
(N/A)
 
 
  Details
7/12/2024 Occidental Petroleum OXY Maintain Sector Outperform
(N/A)
 
 
  Details
7/12/2024 Marathon Petroleum MPC Maintain Sector Outperform
(N/A)
 
 
  Details
7/12/2024 Hess Corp. HES Maintain Sector Perform
(N/A)
 
 
  Details
7/12/2024 Diamondback Energy FANG Maintain Sector Outperform
(N/A)
 
 
  Details
7/12/2024 EOG Resources EOG Maintain Sector Perform
(N/A)
 
 
  Details
7/12/2024 Devon Energy DVN Maintain Sector Outperform
(N/A)
 
 
  Details
7/12/2024 Delek US DK Maintain Sector Perform
(N/A)
 
 
  Details
7/12/2024 Darling Ingredients DAR Maintain Sector Outperform
(N/A)
 
 
  Details
7/12/2024 Chevron CVX Maintain Sector Outperform
(N/A)
 
 
  Details
7/12/2024 ConocoPhillips COP Maintain Sector Perform
(N/A)
 
 
  Details
7/12/2024 BP BP Maintain Sector Outperform
(N/A)
 
 
  Details
7/12/2024 Apache Corp. APA Maintain Sector Perform
(N/A)
 
 
  Details
7/12/2024 Marathon Oil MRO Downgrade Sector Perform
(Sector Outperform)
28.61
(28.55)
-0.21% Details
4/11/2024 EOG Resources EOG Downgrade Sector Underperform
(Sector Outperform)
137.95
(117.30)
-14.97% Details
4/11/2024 Murphy Oil Corp. MUR Downgrade Sector Perform
(Sector Outperform)
48.11
(41.74)
-13.24% Details
4/11/2024 Occidental Petroleum OXY Upgrade Sector Outperform
(Sector Perform)
68.94
(62.38)
-9.52% Details
4/11/2024 Chevron CVX Upgrade Sector Outperform
(Sector Perform)
162.67
(224.99)
38.31% Details
3/6/2024 Clean Energy Fuels CLNE Maintain Sector Outperform
(N/A)
 
 
  Details
2/13/2024 Diamondback Energy FANG Maintain Sector Outperform
(N/A)
 
 
  Details
2/9/2024 ConocoPhillips COP Maintain Sector Perform
(N/A)
 
 
  Details
2/7/2024 BP BP Maintain Sector Outperform
(N/A)
 
 
  Details
2/2/2024 Phillips 66 PSX Maintain Sector Outperform
(N/A)
 
 
  Details
1/31/2024 Marathon Petroleum MPC Maintain Sector Outperform
(N/A)
 
 
  Details
1/26/2024 Valero Energy VLO Maintain Sector Outperform
(N/A)
 
 
  Details
1/16/2024 Chevron CVX Downgrade Sector Perform
(Sector Outperform)
147.27
(224.99)
52.77% Details
1/16/2024 Apache Corp. APA Downgrade Sector Perform
(Sector Outperform)
32.54
(49.15)
51.04% Details
11/13/2023 Montauk Renewables, Inc. MNTK Upgrade Sector Outperform
(Sector Perform)
6.47
(2.14)
-66.92% Details
11/10/2023 Clean Energy Fuels CLNE Maintain Sector Outperform
(N/A)
 
 
  Details
11/9/2023 Darling Ingredients DAR Maintain Sector Outperform
(N/A)
 
 
  Details
10/30/2023 Chevron CVX Maintain Sector Outperform
(N/A)
 
 
  Details
9/29/2023 Montauk Renewables, Inc. MNTK New Coverage Sector Perform
(N/A)
8.90
(2.14)
-75.96% Details
9/29/2023 OPAL Fuels Inc OPAL New Coverage Sector Outperform
(N/A)
8.10
(1.56)
-80.74% Details
5/8/2023 PBF Energy PBF Maintain Sector Perform
(N/A)
 
 
  Details
4/13/2023 EOG Resources EOG Upgrade Sector Outperform
(Sector Perform)
122.31
(158.01)
29.19% Details
4/13/2023 Chevron CVX Upgrade Sector Outperform
(Sector Perform)
169.82
(224.99)
32.49% Details
4/13/2023 ExxonMobil XOM Downgrade Sector Perform
(Sector Outperform)
115.23
(178.98)
55.32% Details
2/17/2023 PBF Energy PBF Maintain Sector Perform
(N/A)
 
 
  Details
2/8/2023 BP BP Maintain Sector Outperform
(N/A)
 
 
  Details
2/1/2023 ExxonMobil XOM Maintain Sector Outperform
(N/A)
 
 
  Details
1/17/2023 Valero Energy VLO Maintain
(N/A)
 
 
  Details
1/17/2023 Pioneer Natural Resources PXD Maintain
(N/A)
 
 
  Details
1/17/2023 Phillips 66 PSX Maintain
(N/A)
 
 
  Details
1/17/2023 PBF Energy PBF Maintain
(N/A)
 
 
  Details
1/17/2023 Occidental Petroleum OXY Maintain
(N/A)
 
 
  Details
1/17/2023 Marathon Petroleum MPC Maintain
(N/A)
 
 
  Details
1/17/2023 Hess Corp. HES Maintain
(N/A)
 
 
  Details
1/17/2023 ExxonMobil XOM Maintain
(N/A)
 
 
  Details
1/17/2023 EOG Resources EOG Maintain
(N/A)
 
 
  Details
1/17/2023 Diamondback Energy FANG Maintain
(N/A)
 
 
  Details
1/17/2023 Devon Energy DVN Maintain
(N/A)
 
 
  Details
1/17/2023 Coterra Energy CTRA Maintain
(N/A)
 
 
  Details
1/17/2023 ConocoPhillips COP Maintain
(N/A)
 
 
  Details
1/17/2023 Chevron CVX Maintain
(N/A)
 
 
  Details
1/17/2023 BP BP Maintain
(N/A)
 
 
  Details
1/17/2023 BP BP Upgrade Sector Outperform
(Sector Perform)
35.56
(50.21)
41.2% Details
1/17/2023 ConocoPhillips COP Downgrade Sector Perform
(Sector Outperform)
121.47
(146.51)
20.61% Details
1/17/2023 ExxonMobil XOM Upgrade Sector Outperform
(Sector Perform)
113.15
(178.98)
58.18% Details
11/10/2022 Occidental Petroleum OXY Maintain Sector Perform
(N/A)
 
 
  Details
11/8/2022 Delek US DK Upgrade Sector Perform
(Sector Underperform)
33.62
(76.59)
127.81% Details
11/7/2022 EOG Resources EOG Maintain Sector Perform
(N/A)
 
 
  Details
11/7/2022 ConocoPhillips COP Maintain Sector Perform
(N/A)
 
 
  Details
11/2/2022 BP BP Maintain Sector Perform
(N/A)
 
 
  Details
11/2/2022 Marathon Petroleum MPC Maintain Sector Outperform
(N/A)
 
 
  Details
11/2/2022 Phillips 66 PSX Maintain Sector Outperform
(N/A)
 
 
  Details
9/8/2022 Darling Ingredients DAR New Coverage Sector Outperform
(N/A)
73.69
(61.36)
-16.73% Details
9/8/2022 Clean Energy Fuels CLNE New Coverage Sector Outperform
(N/A)
6.21
(1.50)
-75.85% Details
8/1/2022 Continental Resources CLR Downgrade Sector Perform
(Sector Outperform)
68.89
(74.27)
7.81% Details
7/26/2022 Coterra Energy CTRA Maintain Sector Outperform
(N/A)
 
 
  Details
5/9/2022 Apache Corp. APA Maintain Sector Outperform
(N/A)
 
 
  Details
4/18/2022 Pioneer Natural Resources PXD Downgrade Sector Perform
(Sector Outperform)
254.75
(269.62)
5.84% Details
4/18/2022 PBF Energy PBF Upgrade Sector Perform
(Sector Underperform)
27.32
(84.52)
209.37% Details
4/18/2022 ConocoPhillips COP Upgrade Sector Outperform
(Sector Perform)
101.37
(146.51)
44.53% Details
3/8/2022 Valero Energy VLO Maintain Sector Outperform
(N/A)
 
 
  Details
3/8/2022 PBF Energy PBF Maintain Sector Underperform
(N/A)
 
 
  Details
3/8/2022 Marathon Petroleum MPC Maintain Sector Outperform
(N/A)
 
 
  Details
3/8/2022 Pioneer Natural Resources PXD Maintain Sector Outperform
(N/A)
 
 
  Details
3/8/2022 Occidental Petroleum OXY Maintain Sector Perform
(N/A)
 
 
  Details
3/8/2022 Murphy Oil Corp. MUR Maintain Sector Outperform
(N/A)
 
 
  Details
3/8/2022 Marathon Oil MRO Maintain Sector Outperform
(N/A)
 
 
  Details
3/8/2022 ExxonMobil XOM Maintain Sector Perform
(N/A)
 
 
  Details
3/8/2022 EOG Resources EOG Maintain Sector Perform
(N/A)
 
 
  Details
3/8/2022 Devon Energy DVN Maintain Sector Outperform
(N/A)
 
 
  Details
3/8/2022 Continental Resources CLR Maintain Sector Outperform
(N/A)
 
 
  Details
3/8/2022 ConocoPhillips COP Maintain Sector Perform
(N/A)
 
 
  Details
3/8/2022 Chevron CVX Maintain Sector Perform
(N/A)
 
 
  Details
3/8/2022 Apache Corp. APA Maintain Sector Outperform
(N/A)
 
 
  Details
3/8/2022 Diamondback Energy FANG Upgrade Sector Outperform
(Sector Perform)
134.44
(203.95)
51.7% Details
2/28/2022 Occidental Petroleum OXY Maintain Sector Perform
(N/A)
 
 
  Details
2/28/2022 EOG Resources EOG Maintain Sector Perform
(N/A)
 
 
  Details
2/24/2022 Diamondback Energy FANG Maintain Sector Perform
(N/A)
 
 
  Details
2/24/2022 Apache Corp. APA Maintain Sector Outperform
(N/A)
 
 
  Details
2/22/2022 ConocoPhillips COP Maintain Sector Perform
(N/A)
 
 
  Details
2/18/2022 Marathon Oil MRO Upgrade Sector Outperform
(Sector Perform)
21.89
(28.55)
30.42% Details
1/13/2022 CVR Energy CVI Upgrade Sector Perform
(Sector Underperform)
20.80
(61.42)
195.29% Details
1/13/2022 ConocoPhillips COP Downgrade Sector Perform
(Sector Outperform)
84.40
(146.51)
73.59% Details
11/17/2021 Royal Dutch Shell RDS-A Upgrade Sector Outperform
(Sector Perform)
45.59
(51.04)
11.95% Details
11/17/2021 Diamondback Energy FANG Downgrade Sector Perform
(Sector Outperform)
110.18
(203.95)
85.11% Details
11/17/2021 Apache Corp. APA Upgrade Sector Outperform
(Sector Perform)
29.62
(49.15)
65.94% Details
11/17/2021 Marathon Oil MRO Downgrade Sector Perform
(Sector Outperform)
16.72
(28.55)
70.75% Details
11/17/2021 Continental Resources CLR Upgrade Sector Outperform
(Sector Perform)
47.51
(74.27)
56.32% Details
10/14/2021 Continental Resources CLR Downgrade Sector Perform
(Sector Outperform)
52.34
(74.27)
41.9% Details
8/6/2021 Marathon Oil MRO Upgrade Sector Outperform
(Sector Perform)
11.79
(28.55)
142.15% Details
7/15/2021 CVR Energy CVI Downgrade Sector Underperform
(Sector Perform)
15.16
(20.80)
37.2% Details
7/15/2021 EOG Resources EOG Downgrade Sector Perform
(Sector Outperform)
79.66
(158.01)
98.36% Details
7/15/2021 Cimarex Energy XEC Downgrade Sector Underperform
(Sector Perform)
69.00
(87.20)
26.38% Details
6/11/2021 CVR Energy CVI Maintain Sector Perform
(N/A)
 
 
  Details
5/25/2021 Cimarex Energy XEC Downgrade Sector Perform
(Sector Outperform)
66.14
(87.20)
31.84% Details
5/21/2021 Pioneer Natural Resources PXD Upgrade Sector Outperform
(Sector Perform)
150.65
(269.62)
78.97% Details
5/21/2021 Diamondback Energy FANG Upgrade Sector Outperform
(Sector Perform)
76.53
(203.95)
166.5% Details
4/15/2021 Cimarex Energy XEC Upgrade Sector Outperform
(Sector Perform)
64.90
(87.20)
34.36% Details
4/15/2021 Diamondback Energy FANG Downgrade Sector Perform
(Sector Outperform)
80.34
(203.95)
153.86% Details
4/15/2021 EOG Resources EOG Upgrade Sector Outperform
(Sector Perform)
74.12
(158.01)
113.18% Details
4/15/2021 Murphy Oil Corp. MUR Upgrade Sector Outperform
(Sector Perform)
17.35
(41.74)
140.58% Details
4/15/2021 Occidental Petroleum OXY Downgrade Sector Perform
(Sector Outperform)
25.55
(62.38)
144.15% Details
4/15/2021 Pioneer Natural Resources PXD Downgrade Sector Perform
(Sector Outperform)
153.10
(269.62)
76.11% Details
3/10/2021 Chevron CVX Downgrade Sector Perform
(Sector Outperform)
109.50
(224.99)
105.47% Details
2/25/2021 Pioneer Natural Resources PXD Maintain Sector Outperform
(Sector Outperform)
 
 
  Details
2/25/2021 Delek US DK Maintain Sector Underperform
(Sector Underperform)
 
 
  Details
2/25/2021 HollyFrontier HFC Maintain Sector Outperform
(N/A)
 
 
  Details
2/1/2021 Diamondback Energy FANG New Coverage Sector Outperform
(N/A)
56.69
(203.95)
259.76% Details
1/14/2021 Royal Dutch Shell RDS-A Downgrade Sector Underperform
(Sector Outperform)
40.66
(51.04)
25.53% Details
1/14/2021 ConocoPhillips COP Upgrade Sector Outperform
(Sector Perform)
47.03
(84.40)
79.46% Details
10/28/2020 Concho Resources CXO Downgrade Sector Perform
(Sector Outperform)
43.71
(65.60)
50.08% Details
9/24/2020 ExxonMobil XOM Upgrade Sector Perform
(Sector Underperform)
35.53
(178.98)
403.74% Details
9/24/2020 Hess Corp. HES Downgrade Sector Perform
(Sector Outperform)
41.23
(148.97)
261.31% Details
9/24/2020 Chevron CVX Downgrade Sector Perform
(Sector Outperform)
75.53
(224.99)
197.88% Details
9/24/2020 Murphy Oil Corp. MUR Downgrade Sector Underperform
(Sector Perform)
9.68
(41.74)
331.2% Details
9/24/2020 Occidental Petroleum OXY Upgrade Sector Outperform
(Sector Perform)
11.08
(62.38)
463% Details
8/6/2020 Delek US DK Downgrade Sector Underperform
(Sector Perform)
15.36
(76.59)
398.63% Details
6/1/2020 Occidental Petroleum OXY Downgrade Sector Perform
(Sector Outperform)
12.95
(62.38)
381.7% Details
6/1/2020 Pioneer Natural Resources PXD Upgrade Sector Outperform
(Sector Perform)
91.60
(269.62)
194.34% Details
4/14/2020 CVR Energy CVI Upgrade Sector Perform
(Sector Underperform)
18.40
(61.42)
233.8% Details
4/14/2020 PBF Energy PBF Downgrade Sector Perform
(Sector Outperform)
7.62
(84.52)
1009.19% Details
1/30/2020 Hess Corp. HES Upgrade Sector Outperform
(Sector Underperform)
57.82
(148.97)
157.64% Details
1/23/2020 ExxonMobil XOM Downgrade Sector Underperform
(Sector Perform)
67.19
(178.98)
166.38% Details
1/23/2020 ConocoPhillips COP Downgrade Sector Perform
(Sector Outperform)
63.01
(146.51)
132.52% Details
1/23/2020 Chevron CVX Upgrade Sector Outperform
(Sector Perform)
112.90
(224.99)
99.28% Details
11/13/2019 Hess Corp. HES New Coverage Sector Underperform
(N/A)
72.80
(148.97)
104.63% Details
11/13/2019 Murphy Oil Corp. MUR Downgrade Sector Perform
(Sector Outperform)
24.42
(41.74)
70.93% Details
11/13/2019 Pioneer Energy Services Corp PES New Coverage Sector Perform
(N/A)
0.16
(0.16)
0% Details
11/13/2019 EOG Resources EOG New Coverage Sector Perform
(N/A)
73.82
(158.01)
114.05% Details
11/13/2019 Concho Resources CXO New Coverage Sector Outperform
(N/A)
72.19
(65.60)
-9.13% Details
8/15/2019 CVR Energy CVI New Coverage Sector Underperform
(N/A)
44.48
(61.42)
38.08% Details