Paul Cheng

Q: What is Paul Cheng's success rate?

Paul Cheng currently has a success rate of 93.14108075930947.

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

Their stock ratings have generated an average return of 48.44092714713078.

Scotiabank | Energy

Paul Cheng is an analyst from Scotiabank specializing in the Energy sector. Ranked #506 out of 4773 analysts, they have issued 31 stock ratings with a success rate of 93.14% and an average return of 48.44%.

Paul Cheng has a well-established track record, with 31 ratings issued in the Energy sector. They have consistently delivered a success rate of 93.14% and an average return of 48.44%, underscoring their expertise and ability to identify winning opportunities for investors.

#506

Out of 4773

Total Ratings

+93.14%

Success Rate

+48.44%

Average Return

Recent Ratings Analysis

CVI

Sell

Apr 22, 2026

Target

$28.00

Current

$49.66

Performance

58.66%

Paul Cheng rated CVI as Sector Underperform on Apr 22, 2026, setting a price target of 28. The bearish call was validated, as shares fell 58.66% to 49.66.

CHRD

Hold

Apr 22, 2026

Target

$135.00

Current

$152.01

Performance

12.76%

On Apr 22, 2026, CHRD was given a Sector Perform rating by Paul Cheng, with a target price of 135. The stock rallied from 152.01 to 152.01 after the Hold rating, surprising to the upside.

BP

Buy

Apr 22, 2026

Target

$58.00

Current

$46.10

Performance

-0.58%

BP received a Sector Outperform rating from Paul Cheng on Apr 22, 2026, aiming for 58. Price action was muted, as shares hovered around 46.1 despite the bullish outlook.

APA

Hold

Apr 22, 2026

Target

$36.00

Current

$44.73

Performance

17.52%

On Apr 22, 2026, Paul Cheng published a Sector Perform outlook on APA, with a target of 36. The Hold call missed some of the bullish momentum as shares advanced toward 36.

CVX

Hold

Apr 22, 2026

Target

$187.00

Current

$214.01

Performance

14.86%

Paul Cheng on Apr 22, 2026 assigned CVX a Sector Perform rating, with a price target of 187. Shares outperformed expectations, climbing 14.86% despite the neutral view.

DVN

Hold

Feb 23, 2026

Target

$45.00

Current

$50.23

Performance

15.02%

On Feb 23, 2026, Paul Cheng reaffirmed DVN with a Sector Perform rating, targeting 45. Market strength beyond 50.23 went further than the conservative outlook suggested.

DINO

Hold

Feb 19, 2026

Target

$62.00

Current

$107.84

Performance

113.63%

DINO was rated Sector Perform by Paul Cheng on Feb 19, 2026, with a price objective of 62. Despite caution, upside momentum rewarded risk-takers with gains to 107.84.

CTRA

Hold

Feb 03, 2026

Target

$31.00

Current

$32.56

Performance

12.51%

On Feb 03, 2026, Paul Cheng initiated coverage on CTRA with a Sector Perform rating and target of 31. The Hold stance underestimated the stock’s strength as it gained 12.51%.

DK

Hold

Nov 10, 2025

Target

$40.00

Current

$76.10

Performance

83.37%

Paul Cheng issued a Sector Perform recommendation for DK on Nov 10, 2025, price target set at 40. A neutral call gave way to stronger-than-expected performance, closing in on 40.

XOM

Buy

Nov 03, 2025

Target

$155.00

Current

$166.02

Performance

45.94%

On Nov 03, 2025, XOM was evaluated by Paul Cheng, who gave a Sector Outperform rating and target of 155. This case illustrates how a timely bullish rating can translate into tangible gains of 45.94%.

SHEL

Buy

Oct 09, 2025

Target

$91.00

Current

$96.77

Performance

31.61%

Paul Cheng rated SHEL as Sector Outperform on Oct 09, 2025, setting a price target of 91. The call has proven timely, with shares rising 31.61% toward the price target of 91.

FANG

Buy

Oct 09, 2025

Target

$182.00

Current

$204.97

Performance

42.13%

On Oct 09, 2025, FANG was given a Sector Outperform rating by Paul Cheng, with a target price of 182. The stock rallied 42.13% after the rating, narrowing the gap to the target of 182 and validating the bullish stance.

MPC

Buy

Oct 09, 2025

Target

$189.00

Current

$395.93

Performance

111.10%

MPC received a Sector Outperform rating from Paul Cheng on Oct 09, 2025, aiming for 189. Momentum has favored the Buy call, with shares climbing from 395.93 to 395.93, rewarding those who trusted the recommendation.

MUR

Hold

Oct 09, 2025

Target

$30.00

Current

$38.50

Performance

30.02%

On Oct 09, 2025, Paul Cheng published a Sector Perform outlook on MUR, with a target of 30. The Hold call missed some of the bullish momentum as shares advanced toward 30.

OXY

Hold

Oct 09, 2025

Target

$47.00

Current

$61.46

Performance

38.05%

Paul Cheng on Oct 09, 2025 assigned OXY a Sector Perform rating, with a price target of 47. Shares outperformed expectations, climbing 38.05% despite the neutral view.

PBF

Hold

Oct 09, 2025

Target

$28.00

Current

$78.30

Performance

166.51%

On Oct 09, 2025, Paul Cheng reaffirmed PBF with a Sector Perform rating, targeting 28. Market strength beyond 78.3 went further than the conservative outlook suggested.

TTE

Hold

Oct 09, 2025

Target

$67.00

Current

$91.89

Performance

56.78%

TTE was rated Sector Perform by Paul Cheng on Oct 09, 2025, with a price objective of 67. Despite caution, upside momentum rewarded risk-takers with gains to 91.89.

EOG

Hold

Sep 26, 2025

Target

$130.00

Current

$147.36

Performance

25.62%

On Sep 26, 2025, Paul Cheng initiated coverage on EOG with a Sector Perform rating and target of 130. The Hold stance underestimated the stock’s strength as it gained 25.62%.

PR

Buy

Sep 19, 2025

Target

$21.00

Current

$23.78

Performance

79.47%

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 23.78.

HES

Hold

Jul 11, 2025

Target

$155.00

Current

$148.97

Performance

-2.77%

On Jul 11, 2025, HES was evaluated by Paul Cheng, who gave a Sector Perform rating and target of 155. Hold sentiment was validated by subdued trading with no breakout beyond 148.97.

COP

Hold

Jul 11, 2025

Target

$100.00

Current

$137.35

Performance

43.66%

Paul Cheng rated COP as Sector Perform on Jul 11, 2025, setting a price target of 100. Despite the Hold call, shares climbed 43.66% to 137.35, revealing unexpected momentum.

PSX

Hold

Jul 11, 2025

Target

$133.00

Current

$259.47

Performance

97.00%

On Jul 11, 2025, PSX was given a Sector Perform rating by Paul Cheng, with a target price of 133. The stock rallied from 259.47 to 259.47 after the Hold rating, surprising to the upside.

MRO

Hold

Oct 10, 2024

Target

$28.00

Current

$28.55

Performance

0.78%

MRO received a Sector Perform rating from Paul Cheng on Oct 10, 2024, aiming for 28. Shares remained flat at 28.55, aligning with the neutral rating.

VLO

Buy

Oct 10, 2024

Target

$141.00

Current

$390.42

Performance

173.58%

On Oct 10, 2024, Paul Cheng published a Sector Outperform outlook on VLO, with a target of 141. Shares gained 173.58%, underscoring the accuracy of the bullish outlook toward 141.

MNTK

Hold

Sep 03, 2024

Target

$6.00

Current

$2.64

Performance

-38.89%

Paul Cheng on Sep 03, 2024 assigned MNTK a Sector Perform rating, with a price target of 6. The call successfully avoided chasing as shares lost 38.89%.

CLNE

Buy

Sep 03, 2024

Target

$6.00

Current

$1.63

Performance

-43.21%

On Sep 03, 2024, Paul Cheng reaffirmed CLNE with a Sector Outperform rating, targeting 6. Shares slid 43.21% despite the recommendation, highlighting downside risks.

OPAL

Hold

Sep 03, 2024

Target

$5.00

Current

$1.89

Performance

-46.91%

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 46.91% decline.

DAR

Buy

Jul 12, 2024

Target

$45.00

Current

$65.11

Performance

71.34%

On Jul 12, 2024, Paul Cheng initiated coverage on DAR with a Sector Outperform rating and target of 45. The stock’s climb of 71.34% since the call highlights the foresight in the rating.

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 +93.14%.

How many ratings has Paul Cheng issued?

Paul Cheng has issued 31 stock ratings so far.

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

Their stock ratings have generated an average return of +48.44%.

What is Paul Cheng's ranking?

Paul Cheng is ranked #506 out of 4773 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 Sell on CVI issued on 2026-04-22.