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Here Are Wall Street Analysts’ Top Integrated Energy Picks

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A glimpse at analysts’ favorite stocks

In this article, we have ranked six global integrated energy firms based on the “buy” ratings received from Wall Street analysts.

Total (TOT) has received the highest percentage of “buy” ratings, followed by Suncor Energy (SU) and Royal Dutch Shell (RDS.A). These three firms are rated a “buy” by 80% or more analysts. All three also have high implied gains. Total is a French integrated energy company that has been growing via capex and acquisitions. Total stock’s mean target price implies gains of 35%, again the highest among peers.

Suncor, which extracts oil from oil sands, has improved its financials in the past couple of years. Similarly, Royal Dutch Shell’s robust strategy has strengthened its earnings model and financials. Suncor and Shell have the highest implied gains of 29% and 23%, respectively.

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Other stocks and their implied gains

Chevron (CVX) has received “buy” ratings from around 75% of analysts. The company has a robust upstream segment that has posted high upstream volumes in Q1 2019. Further, BP (BP) and ExxonMobil (XOM) have a mixed opinion from analysts. These stocks have been rated as “buy” by under 60% of analysts that cover these stocks.

ExxonMobil’s mean target price implies an 11% gain from the current level, the lowest among the six stocks. However, BP has implied gains of around 20%, higher compared to Chevron and ExxonMobil.

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