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Top 4 Energy Stocks That May Rocket Higher In Q3
BPTBP Prudhoe Bay Royalty Trust(BPT) Benzinga·2024-07-29 11:25

Core Insights - The energy sector is experiencing a trend of oversold stocks, presenting potential buying opportunities for undervalued companies [1][2] Company Summaries - Chesapeake Energy (CHK): Analyst Neal Dingmann maintained a Buy rating but lowered the price target from 112to112 to 108. The stock fell approximately 4% over the past five days, with a 52-week low of 72.84.TheRSIvalueis28.39,andsharesclosedat72.84. The RSI value is 28.39, and shares closed at 77.79, gaining 0.5% on Friday [1][7] - EQT Corp (EQT): The company reported better-than-expected quarterly results and completed the acquisition of Equitrans, positioning itself as a large-scale, vertically integrated natural gas business. The stock fell around 5% over the past five days, with a 52-week low of 32.07.TheRSIvalueis27.60,andsharesclosedat32.07. The RSI value is 27.60, and shares closed at 34.31, down 0.2% on Friday [8] - Indonesia Energy Corp Ltd (INDO): The company completed a 3D seismic recording at its Kruh Block. The stock dipped around 23% over the past month, with a 52-week low of 2.03.TheRSIvalueis23.28,andsharesclosedat2.03. The RSI value is 23.28, and shares closed at 2.12, gaining 1% on Friday [9] - BP Prudhoe Bay Royalty Trust (BPT): The company announced that unitholders will not receive a dividend for the quarter ended June 30, 2024. The stock lost around 25% over the past five days, with a 52-week low of 1.54.TheRSIvalueis23.92,andsharesclosedat1.54. The RSI value is 23.92, and shares closed at 1.63, down 5.2% on Friday [10]