JPMorgan Says Buy European Oil Majors as Gulf Supply Risks Rise


On that basis, the bank kept an overweight on Shell and Galp Energia SGPS SA, upgraded Eni SpA to overweight, and raised TotalEnergies to overweight from neutral. The bank’s new targets imply upside for oil majors including Shell (17%), Galp (15%), Eni (12%) and TotalEnergies (11%) versus their Friday closing prices, alongside dividend yields of roughly 4% to 6%.



Source link

  • Related Posts

    Travel chaos spreads across the globe following military operation against Iran

    IE 11 is not supported. For an optimal experience visit our site on another browser. 3 U.S. service members killed in Iran military operation 01:31 Oil and gas prices expected…

    Spanish Mountain Gold Receives Positive Particle Ore Sorting Results for the Phoenix Deposit Highlighting Production Upside

    Article content Abbreviations: centimetres = cm, grams per tonne = g/t, CRM = certified reference material, gold = Au, kilograms = kg, mineral resource estimate = MRE, Spanish Mountain Gold…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    2026 SEC spring football preview: Key storylines, players to watch

    2026 SEC spring football preview: Key storylines, players to watch

    4 Spring Colour Trends Taking Off in Hollywood Right Now

    4 Spring Colour Trends Taking Off in Hollywood Right Now

    Nearly 170 people killed in attack in South Sudan’s Ruweng, officials say | Conflict News

    Nearly 170 people killed in attack in South Sudan’s Ruweng, officials say | Conflict News

    Top UK film and TV production school puts spotlight on students with disabilities | Film production and photography

    Top UK film and TV production school puts spotlight on students with disabilities | Film production and photography

    Apple Cider Vinegar’s Real Benefits, According to Registered Dietitians

    Apple Cider Vinegar’s Real Benefits, According to Registered Dietitians

    Travel chaos spreads across the globe following military operation against Iran

    Travel chaos spreads across the globe following military operation against Iran