Paul Cheng

Q: What is Paul Cheng's success rate?

Paul Cheng currently has a success rate of 88.58967856563741.

Q: What is the average return of Paul Cheng's calls?

Their stock ratings have generated an average return of 13.277271166592097.

Scotiabank | Energy

Paul Cheng is an analyst from Scotiabank specializing in the Energy sector. Ranked #1340 out of 4522 analysts, they have issued 39 stock ratings with a success rate of 88.59% and an average return of 13.28%.

Paul Cheng has a well-established track record, with 39 ratings issued in the Energy sector. They have consistently delivered a success rate of 88.59% and an average return of 13.28%, underscoring their expertise and ability to identify winning opportunities for investors.

#1340

Out of 4522

Total Ratings

+88.59%

Success Rate

+13.28%

Average Return

Recent Ratings Analysis

DVN

Hold

Jan 16, 2026

Target

$41.00

Current

$36.20

Performance

0.00%

Paul Cheng rated DVN as Sector Perform on Jan 16, 2026, setting a price target of 41. The Hold stance appears justified, as shares hovered around 36.2 with a 0.00% move.

DK

Hold

Nov 10, 2025

Target

$40.00

Current

$27.67

Performance

-33.33%

On Nov 10, 2025, DK was given a Sector Perform rating by Paul Cheng, with a target price of 40. The rating provided protection from downside risk as the stock fell to 27.67.

XOM

Buy

Nov 03, 2025

Target

$155.00

Current

$129.89

Performance

14.18%

XOM received a Sector Outperform rating from Paul Cheng on Nov 03, 2025, aiming for 155. Momentum has favored the Buy call, with shares climbing from 129.89 to 129.89, rewarding those who trusted the recommendation.

CVX

Hold

Oct 09, 2025

Target

$165.00

Current

$166.26

Performance

9.64%

On Oct 09, 2025, Paul Cheng published a Sector Perform outlook on CVX, with a target of 165. The Hold call missed some of the bullish momentum as shares advanced toward 165.

APA

Hold

Oct 09, 2025

Target

$26.00

Current

$25.78

Performance

8.96%

Paul Cheng on Oct 09, 2025 assigned APA a Sector Perform rating, with a price target of 26. Shares outperformed expectations, climbing 8.96% despite the neutral view.

BP

Buy

Oct 09, 2025

Target

$43.00

Current

$35.38

Performance

3.18%

On Oct 09, 2025, Paul Cheng reaffirmed BP with a Sector Outperform rating, targeting 43. Market indecision has kept the 43 target in a holding pattern.

CTRA

Buy

Oct 09, 2025

Target

$32.00

Current

$25.71

Performance

8.85%

CTRA was rated Sector Outperform by Paul Cheng on Oct 09, 2025, with a price objective of 32. A bullish response from the market helped close the gap of 6.29 to the target.

CVI

Sell

Oct 09, 2025

Target

$26.00

Current

$23.30

Performance

-35.12%

On Oct 09, 2025, Paul Cheng initiated coverage on CVI with a Sector Underperform rating and target of 26. Shares gained despite the bearish call, moving higher from 23.3.

DINO

Buy

Oct 09, 2025

Target

$66.00

Current

$48.63

Performance

-7.09%

Paul Cheng issued a Sector Outperform recommendation for DINO on Oct 09, 2025, price target set at 66. The market hasn’t rewarded the bullish outlook, exposing uncertainty in the call.

FANG

Buy

Oct 09, 2025

Target

$182.00

Current

$151.28

Performance

4.90%

On Oct 09, 2025, FANG was evaluated by Paul Cheng, who gave a Sector Outperform rating and target of 182. So far, the Buy call awaits clearer momentum, with shares flat at 151.28.

MPC

Buy

Oct 09, 2025

Target

$189.00

Current

$175.63

Performance

-6.36%

Paul Cheng rated MPC as Sector Outperform on Oct 09, 2025, setting a price target of 189. The stock has underperformed, dropping 6.36% despite the bullish target of 189.

MUR

Hold

Oct 09, 2025

Target

$30.00

Current

$33.92

Performance

14.56%

On Oct 09, 2025, MUR was given a Sector Perform rating by Paul Cheng, with a target price of 30. The stock rallied from 33.92 to 33.92 after the Hold rating, surprising to the upside.

OXY

Hold

Oct 09, 2025

Target

$47.00

Current

$42.70

Performance

-4.09%

OXY received a Sector Perform rating from Paul Cheng on Oct 09, 2025, aiming for 47. Shares remained flat at 42.7, aligning with the neutral rating.

PBF

Hold

Oct 09, 2025

Target

$28.00

Current

$29.53

Performance

0.51%

On Oct 09, 2025, Paul Cheng published a Sector Perform outlook on PBF, with a target of 28. Sideways action left the Hold view intact, with no major move since 29.53.

SHEL

Buy

Oct 09, 2025

Target

$91.00

Current

$74.25

Performance

0.98%

Paul Cheng on Oct 09, 2025 assigned SHEL a Sector Outperform rating, with a price target of 91. The recommendation remains pending validation as shares consolidate around 74.25.

TTE

Hold

Oct 09, 2025

Target

$67.00

Current

$66.25

Performance

13.04%

On Oct 09, 2025, Paul Cheng reaffirmed TTE with a Sector Perform rating, targeting 67. Market strength beyond 66.25 went further than the conservative outlook suggested.

EOG

Hold

Sep 26, 2025

Target

$130.00

Current

$105.32

Performance

-10.22%

EOG was rated Sector Perform by Paul Cheng on Sep 26, 2025, with a price objective of 130. Investors who stayed cautious avoided some of the 10.22% decline.

CHRD

Hold

Sep 19, 2025

Target

$120.00

Current

$92.30

Performance

-8.04%

On Sep 19, 2025, Paul Cheng initiated coverage on CHRD with a Sector Perform rating and target of 120. The rating matched the stock’s inability to hold above 92.3.

PR

Buy

Sep 19, 2025

Target

$21.00

Current

$14.40

Performance

8.68%

Paul Cheng issued a Sector Outperform recommendation for PR on Sep 19, 2025, price target set at 21. Investors following the Buy call captured upside momentum, with shares now at 14.4.

PSX

Hold

Jul 11, 2025

Target

$133.00

Current

$138.28

Performance

4.99%

On Jul 11, 2025, PSX was evaluated by Paul Cheng, who gave a Sector Perform rating and target of 133. Hold sentiment was validated by subdued trading with no breakout beyond 138.28.

COP

Hold

Jul 11, 2025

Target

$100.00

Current

$98.19

Performance

2.70%

Paul Cheng rated COP as Sector Perform on Jul 11, 2025, setting a price target of 100. The Hold stance appears justified, as shares hovered around 98.19 with a 2.70% move.

HES

Hold

Jul 11, 2025

Target

$155.00

Current

$148.97

Performance

-2.77%

On Jul 11, 2025, HES was given a Sector Perform rating by Paul Cheng, with a target price of 155. Market indecision, reflected in sideways trading near 148.97, supported the cautious call.

VLO

Buy

Oct 10, 2024

Target

$141.00

Current

$183.46

Performance

28.55%

VLO received a Sector Outperform rating from Paul Cheng on Oct 10, 2024, aiming for 141. Momentum has favored the Buy call, with shares climbing from 183.46 to 183.46, rewarding those who trusted the recommendation.

MRO

Hold

Oct 10, 2024

Target

$28.00

Current

$28.55

Performance

0.78%

On Oct 10, 2024, Paul Cheng published a Sector Perform outlook on MRO, with a target of 28. Sideways action left the Hold view intact, with no major move since 28.55.

CLNE

Buy

Sep 03, 2024

Target

$6.00

Current

$2.22

Performance

-22.65%

Paul Cheng on Sep 03, 2024 assigned CLNE a Sector Outperform rating, with a price target of 6. The call has struggled to gain traction, with shares losing 22.65%.

MNTK

Hold

Sep 03, 2024

Target

$6.00

Current

$1.43

Performance

-66.90%

On Sep 03, 2024, Paul Cheng reaffirmed MNTK with a Sector Perform rating, targeting 6. The Hold stance reflected market caution that was later justified.

OPAL

Hold

Sep 03, 2024

Target

$5.00

Current

$2.65

Performance

-25.56%

OPAL was rated Sector Perform by Paul Cheng on Sep 03, 2024, with a price objective of 5. Investors who stayed cautious avoided some of the 25.56% decline.

DAR

Buy

Jul 12, 2024

Target

$45.00

Current

$39.57

Performance

4.13%

On Jul 12, 2024, Paul Cheng initiated coverage on DAR with a Sector Outperform rating and target of 45. Neutral price movement of 4.13% leaves room for interpretation.

Frequency Asked Questions

Who is Paul Cheng?

Paul Cheng is an analyst from Scotiabank specializing in the Energy sector.

What is Paul Cheng's success rate?

Paul Cheng currently has a success rate of +88.59%.

How many ratings has Paul Cheng issued?

Paul Cheng has issued 39 stock ratings so far.

What is the average return of Paul Cheng's calls?

Their stock ratings have generated an average return of +13.28%.

What is Paul Cheng's ranking?

Paul Cheng is ranked #1340 out of 4522 analysts.

What types of ratings does Paul Cheng give?

Their ratings include Buy, Hold, and Sell recommendations, depending on the stock’s outlook.

How can I follow Paul Cheng?

You can follow Paul Cheng by clicking the "Follow Analyst" button on this page to receive updates on their stock calls.

What is the most recent rating by Paul Cheng?

Their latest rating was a Hold on DVN issued on 2026-01-16.