Analysts' Opinions Are Mixed on These Energy Stocks: Oneok (OKE) and TechnipFMC (FTI)

TipRanksJun 3 19:51 · Ratings

Shares of Oil and Gas-related Companies Are Trading Higher After Iran Halted Negotiations With the U.S., With Iranian Forces Threatening to Fully Close the Strait of Hormuz and the Bab El-Mandeb Strait to the Red Sea.

BenzingaJun 1 22:49

Unexpected escalation of the Iran conflict accelerates global LNG capacity expansion—could supply glut be imminent?

The blockade of the Strait of Hormuz has caused a sudden 20% drop in global LNG supply, driving the March Asian benchmark price up to $30. However, analysts note that as Asian buyers shift toward extra-regional sources to secure energy supplies, this could trigger a surge in project development in North America and elsewhere. Coupled with buyers turning to solar power and coal, this trend is likely to accelerate a third wave of even larger-scale and more prolonged LNG oversupply in the medium to long term.

wallstreetcnJun 1 16:08

BofA Securities Maintains ONEOK Inc(OKE.US) With Buy Rating, Raises Target Price to $96

Futu NewsMay 27 19:33 · Ratings

ONEOK to Participate in Investor Conference

GlobeNewswireMay 27 04:15

Shares of Oil and Gas-related Companies Are Trading Lower Amid a Decline in Oil Prices, as Optimism Grows That a U.S.-Iran Peace Framework Is Nearing Completion

BenzingaMay 27 02:11