Analyst firm KeyBanc Capital Markets initiated a slew of energy, materials and energy service provider stocks Tuesday before the market. The move comes after Earnings season has been completed and US oil prices are trading at lows from January, before the Russian invasion of Ukraine.

KeyBanc Capital Markets Coverage Initiated
- Black Stone Minerals (BSM) initiated with an Overweight at KeyBanc Capital Markets; tgt $22
- Brigham Minerals (MNRL) initiated with a Sector Weight at KeyBanc Capital Markets
- Callon Petroleum (CPE) initiated with a Sector Weight at KeyBanc Capital Markets
- Civitas Resources (CIVI) initiated with an Overweight at KeyBanc Capital Markets; tgt $80
- Comstock (CRK) initiated with an Overweight at KeyBanc Capital Markets; tgt $26
- Denbury (DEN) initiated with an Overweight at KeyBanc Capital Markets; tgt $102
- EOG Resources (EOG) initiated with an Overweight at KeyBanc Capital Markets; tgt $157
- Gulfport Energy (GPOR) initiated with a Sector Weight at KeyBanc Capital Markets
- Kimbell Royalty Partners (KRP) initiated with a Sector Weight at KeyBanc Capital Markets
- Magnolia Oil & Gas (MGY) initiated with an Overweight at KeyBanc Capital Markets; tgt $28
- Matador Resources (MTDR) initiated with an Overweight at KeyBanc Capital Markets; tgt $72
- PDC Energy (PDCE) initiated with a Sector Weight at KeyBanc Capital Markets
- Pioneer Natural Resources (PXD) initiated with an Overweight at KeyBanc Capital Markets; tgt $290
- SM Energy (SM) initiated with an Overweight at KeyBanc Capital Markets; tgt $64
- Viper Energy Partners (VNOM) initiated with an Overweight at KeyBanc Capital Markets; tgt $39
Source: KeyBanc
From the TradersCommunity Research Desk