Rising Oil Prices: Tensions between the U.S. and Venezuela have led to an increase in oil prices, with U.S. crude oil futures rising over 1.5% to above $56/bbl following President Trump's sanctions against Venezuelan oil tankers.
Energy Sector Performance: The energy sector has seen a nearly 2% increase on Wednesday and a 4.3% rise year-to-date, with Neste being the top-performing oil and gas refining company, up over 80% this year.
Top Performing Companies: Notable year-to-date performances in the oil and gas refining sector include Neste Oyj (83.08%), CVR Energy (59.28%), and HF Sinclair (35.86%), among others.
Market Outlook: Analysts suggest that both crude oil and energy stocks are expected to continue rising, while the basic materials sector is projected to outperform in 2026, indicating a mixed outlook for the energy market.
Wall Street analysts forecast PXJ stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PXJ is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast PXJ stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PXJ is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 34.310
Low
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Current: 34.310
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
