Analysts Offer Insights on Energy Companies: Scorpio Tankers (STNG), Excelerate Energy, Inc. Class A (EE) and TC Energy (TRP)

Analysts have been eager to weigh in on the Energy sector with new ratings on Scorpio Tankers (STNG – Research Report), Excelerate Energy, Inc. Class A (EE – Research Report) and TC Energy (TRP – Research Report).

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Scorpio Tankers (STNG)

B. Riley Securities analyst Liam Burke maintained a Buy rating on Scorpio Tankers today and set a price target of $80.00. The company’s shares closed last Wednesday at $54.57.

According to TipRanks.com, Burke is a 5-star analyst with an average return of 15.0% and a 50.5% success rate. Burke covers the Industrial Goods sector, focusing on stocks such as Capital Clean Energy Carriers, Pangaea Logistics Solutions, and Bowman Consulting Group. ;'>

Currently, the analyst consensus on Scorpio Tankers is a Strong Buy with an average price target of $67.60, a 24.8% upside from current levels. In a report issued on October 4, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a $63.00 price target.

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Excelerate Energy, Inc. Class A (EE)

In a report released today, Devin McDermott from Morgan Stanley maintained a Sell rating on Excelerate Energy, Inc. Class A, with a price target of $28.00. The company’s shares closed last Wednesday at $28.34.

According to TipRanks.com, McDermott is a 5-star analyst with an average return of 9.2% and a 55.2% success rate. McDermott covers the NA sector, focusing on stocks such as Occidental Petroleum, Northern Oil And Gas, and New Fortress Energy. ;'>

Currently, the analyst consensus on Excelerate Energy, Inc. Class A is a Moderate Buy with an average price target of $32.00.

TC Energy (TRP)

In a report released yesterday, Joseph Parkhill from UBS maintained a Buy rating on TC Energy, with a price target of C$81.00. The company’s shares closed last Wednesday at $51.73.

According to TipRanks.com, Parkhill is ranked #3756 out of 10089 analysts.

TC Energy has an analyst consensus of Moderate Buy, with a price target consensus of $56.76, representing an 8.9% upside. In a report issued on October 14, Barclays also maintained a Buy rating on the stock with a price target.

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Disclaimer & DisclosureReport an Issue

• Scorpio Tankers price target raised to $80 from $75 at B. Riley
• Scorpio Tankers price target raised to $66 from $60 at BofA
• Scorpio Tankers: Strategic Asset Sales and Favorable Market Conditions Drive Buy Rating
• Scorpio Tankers Announces Sale of Two LR2 Product Tankers and Debt Update
• Scorpio Tankers to sell two 2019 built scrubber-fitted LR2 product tankers