14 Best Energy Stocks to Buy According to Wall Street Analysts

8. Expand Energy Corporation (NASDAQ:EXE)

Upside Potential as of March 22: 25.09%

Formed in 2024 by the merger of Chesapeake Energy Corporation and Southwestern Energy Company, Expand Energy Corporation (NASDAQ:EXE) operates as an independent natural gas production company in the United States.

On March 17, Mizuho bumped its price target on Expand Energy Corporation (NASDAQ:EXE) from $142 to $145, while maintaining an ‘Outperform’ rating on the shares. The updated target indicates an upside of around 35% from the current levels.

The revision comes after Mizuho raised its 2026 oil price outlook by 14% to $73.25 amid the US-Iran war. The conflict has led to serious supply disruptions due to the closure of the Strait of Hormuz, which handles around a fifth of the global oil and LNG supply. Moreover, both sides have carried out numerous attacks on the region’s energy infrastructure, which could take years to repair. While it is still too early to tell whether the war will raise the structural price of global oil, Mizuho believes that the bias is likely higher.

At the same time, while the analyst firm remains constructive on natural gas fundamentals, it lowered its price outlook on the commodity for 2025 by 6%.