JPMorgan Upgrades Pioneer Natural Resources (PXD) to Overweight, 'can deliver nearly 5% oil growth at flat capex in 2024'

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Goldman Sachs is bullish on these 3 oil & gas stocks

August 15, 2023 2:22 PM EDT

In a recent research note, Goldman Sachs analysts highlighted three oil and gas stocks that they believe are poised for strong gains, reiterating a Buy rating on each.

The firm's analyst, Neil Mehta, stated that within the sector, they are focused on execution, asset differentiation, and valuation dislocation. Here are three oil and gas stocks Goldman Sachs favors:

Pioneer Natural Resources (NYSE: PXD): Mehta acknowledged that PXD shares have outperformed peers following its 2Q results after strong production/cost... More

Pioneer Natural Resources (PXD) PT Raised to $332 at Piper Sandler

August 14, 2023 9:04 AM EDT

Piper Sandler analyst Mark Lear raised the price target on Pioneer Natural Resources (NYSE: PXD) to $332.00 (from $311.00) while maintaining a Overweight rating.... More