Analysts Offer Insights on Energy Companies: Aemetis (AMTX), ARC Resources (OtherAETUF) and Amplify Energy (AMPY)

Companies in the Energy sector have received a lot of coverage today as analysts weigh in on Aemetis (AMTX – Research Report), ARC Resources (AETUF – Research Report) and Amplify Energy (AMPY – Research Report).

Aemetis (AMTX)

In a report released today, Jordan Levy from Truist Financial maintained a Hold rating on Aemetis. The company’s shares closed last Thursday at $4.11.

According to TipRanks.com, Levy ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -18.3% and a 29.2% success rate. Levy covers the Technology sector, focusing on stocks such as Sunnova Energy International, Shoals Technologies Group, and SolarEdge Technologies.

Aemetis has an analyst consensus of Moderate Buy, with a price target consensus of $15.13.

See the top stocks recommended by analysts >>

ARC Resources (AETUF)

Scotiabank analyst Cameron Bean maintained a Buy rating on ARC Resources today and set a price target of C$33.00. The company’s shares closed last Thursday at $18.93, close to its 52-week high of $19.16.

According to TipRanks.com, Bean is a 2-star analyst with an average return of 0.4% and a 52.9% success rate. Bean covers the NA sector, focusing on stocks such as National Fuel Gas Company, Southwestern Energy, and Paramount Resources.

ARC Resources has an analyst consensus of Strong Buy, with a price target consensus of $21.85, a 16.9% upside from current levels. In a report issued on April 29, RBC Capital also maintained a Buy rating on the stock with a C$28.00 price target.

Amplify Energy (AMPY)

In a report released today, Subash Chandra from Benchmark Co. reiterated a Buy rating on Amplify Energy, with a price target of $11.00. The company’s shares closed last Thursday at $6.62.

According to TipRanks.com, Chandra is a 5-star analyst with an average return of 14.1% and a 51.5% success rate. Chandra covers the NA sector, focusing on stocks such as Magnolia Oil & Gas, Chesapeake Energy, and Permian Resources.

Currently, the analyst consensus on Amplify Energy is a Strong Buy with an average price target of $9.83.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Read More on AMTX:

• Largest borrow rate increases among liquid names
• Aemetis to present review of USCIS approval of $200M of EB-5 funding
• Aemetis allocates $10.5M in tax credits for biofuels plant efficiency projects
• Aemetis implements Microsoft Dynamics ERP system
• Aemetis Implements Microsoft Dynamics(TM) ERP System to Support Current Operations and Expansion Projects