Keybanc raises price targets on oil producers amid market shifts
Keybanc raised price targets for several oil and gas companies, including Kimbell Royalty Partners, Matador Resources, Murphy Oil, Permian Resources, SM Energy, and Talos Energy. The firm cited changes in physical markets and commodity price outlooks, with higher oil price forecasts due to regional conflicts and increased Chinese imports. Natural gas expectations were lowered due to potential oversupply and reduced heating demand. Keybanc maintains a positive view on Matador Resources, SM Energy

