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Paul Cheng

Paul Cheng Analyst Performance

Managing Director at Scotiabank

Paul Cheng is a stock analyst at Scotiabank focused in the energy sector, covering 33 publicly traded companies. Over the past year, Paul Cheng has issued 67 stock ratings, including buy, hold, and sell recommendations. While full access to Paul Cheng's proprietary MarketBeat Analyst Ranking is reserved for MarketBeat All Access subscribers, the rating is updated daily to reflect the most recent analyst activity. This profile highlights Paul Cheng's coverage history, rating activity, and performance tendencies — helping individual investors make more informed trading decisions.

Analyst Rankings, Coverage, and Performance Statistics

Average Return
00.00% 12-Month ROI
Success Rate
00.00% Profitable Ratings
Total Ratings
175 Last 11 Years
Buy Recommendations
53.22% 91 Buy Ratings
Companies Covered
33 Unique Companies

Ratings Distribution

RatingPercentageCount
Strong Buy0.0%0 ratings
Buy53.2%91 ratings
Hold37.4%64 ratings
Sell9.4%16 ratings

Out of 171 total stock ratings issued by Paul Cheng at Scotiabank, the majority (53.2%) have been Buy recommendations, followed by 37.4% Hold and 9.4% Sell.

Exchange Coverage

ExchangePercentageCount
NYSE
81.8% of companies on NYSE
27 companies
NASDAQ
18.2% of companies on NASDAQ
6 companies

Paul Cheng, an analyst at Scotiabank, currently covers 33 companies listed on NYSE and NASDAQ, with the majority traded on NYSE.

Coverage Focus

Sector IconSectorPercentage
Energy
30 companies
90.9%
Miscellaneous
2 companies
6.1%
Utilities
1 company
3.0%

Paul Cheng of Scotiabank specializes in stock coverage within the Energy sector, with additional focus on and Utilities companies.

Coverage Industries

IndustryPercentage
OIL REFING&MKTG
8 companies
24.2%
OIL - US EXP&PROD
8 companies
24.2%
OIL - INTL INTGD
5 companies
15.2%
OIL - US INTEGRTD
3 companies
9.1%
PETROLEUM REFINING
3 companies
9.1%
OTHER ALT ENERGY
2 companies
6.1%
Miscellaneous
2 companies
6.1%
UTIL - GAS DISTR
1 company
3.0%
CRUDE PETROLEUM & NATURAL GAS
1 company
3.0%

About Paul Cheng

Mr. Paul Y. Cheng, CFA, is an Analyst at Scotia Capital (USA), Inc. Mr. Cheng was previously employed as an Equity Analyst by Barclays Capital, Inc., a Senior Vice President by Lehman Brothers, Inc., and a Principal by Kidder, Peabody & Co., Inc.
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Paul Cheng's Ratings History at Scotiabank

Recommendation ROI is the percentage between the price on the Report Date to the price 12 months after the report date.
Available with a MarketBeat All Access Subscription
12-Month ROIUpgrade to All Access to use the All ROI Filter
CompanyReport DateActionReport Date Price12-Month
Price Target
Rating12-Month
Price & ROI
Details
Exxon Mobil Corporation stock logo
XOM
Exxon Mobil
10/9/2025Reiterated Rating$113.97Outperform
Shell PLC Unsponsored ADR stock logo
SHEL
Shell
10/9/2025Reiterated Rating$74.20Outperform
Marathon Petroleum Corporation stock logo
MPC
Marathon Petroleum
10/9/2025Reiterated Rating$189.20Outperform
Diamondback Energy, Inc. stock logo
FANG
Diamondback Energy
10/9/2025Reiterated Rating$146.14Outperform
Devon Energy Corporation stock logo
DVN
Devon Energy
10/9/2025Reiterated Rating$34.74Outperform
HF Sinclair Corporation stock logo
DINO
HF Sinclair
10/9/2025Reiterated Rating$52.90Outperform
CVR Energy Inc. stock logo
CVI
CVR Energy
10/9/2025Reiterated Rating$36.36Underperform
BP p.l.c. stock logo
BP
BP
10/9/2025Reiterated Rating$34.56Outperform
APA Corporation stock logo
APA
APA
10/9/2025Boost Price Target$24.60$26.00Sector Perform
Coterra Energy Inc. stock logo
CTRA
Coterra Energy
10/9/2025Lower Price Target$24.44$32.00Sector Outperform
CVR Energy Inc. stock logo
CVI
CVR Energy
10/9/2025Boost Price Target$36.02$26.00Sector Underperform
BP p.l.c. stock logo
BP
BP
10/9/2025Boost Price Target$34.42$43.00Sector Outperform
Exxon Mobil Corporation stock logo
XOM
Exxon Mobil
10/9/2025Boost Price Target$114.00$128.00Sector Outperform
TotalEnergies SE Sponsored ADR stock logo
TTE
TotalEnergies
10/9/2025Boost Price Target$59.24$67.00Sector Perform
Shell PLC Unsponsored ADR stock logo
SHEL
Shell
10/9/2025Boost Price Target$74.27$91.00Sector Outperform
PBF Energy Inc. stock logo
PBF
PBF Energy
10/9/2025Boost Price Target$29.68$28.00Sector Perform
Occidental Petroleum Corporation stock logo
OXY
Occidental Petroleum
10/9/2025Boost Price Target$44.76$47.00Sector Perform
Murphy Oil Corporation stock logo
MUR
Murphy Oil
10/9/2025Boost Price Target$29.66$30.00Sector Perform
Marathon Petroleum Corporation stock logo
MPC
Marathon Petroleum
10/9/2025Boost Price Target$187.67$189.00Sector Outperform
Diamondback Energy, Inc. stock logo
FANG
Diamondback Energy
10/9/2025Boost Price Target$145.63$182.00Sector Outperform
Devon Energy Corporation stock logo
DVN
Devon Energy
10/9/2025Boost Price Target$34.67$47.00Sector Outperform
Delek US Holdings, Inc. stock logo
DK
Delek US
10/9/2025Boost Price Target$35.47$33.00Sector Perform
HF Sinclair Corporation stock logo
DINO
HF Sinclair
10/9/2025Boost Price Target$52.45$66.00Sector Outperform
Chevron Corporation stock logo
CVX
Chevron
10/9/2025Boost Price Target$152.66$165.00Sector Perform
EOG Resources, Inc. stock logo
EOG
EOG Resources
9/26/2025Reiterated Rating$117.33$130.00Sector Perform
Chord Energy Corporation stock logo
CHRD
Chord Energy
9/19/2025Initiated Coverage$104.33$120.00Sector Perform
Permian Resources Corporation stock logo
PR
Permian Resources
9/19/2025Initiated Coverage$13.59$21.00Sector Outperform
BP p.l.c. stock logo
BP
BP
8/14/2025Upgrade$34.29$42.00Sector Outperform
TotalEnergies SE Sponsored ADR stock logo
TTE
TotalEnergies
7/11/2025Set Price Target$62.32$65.00Sector Perform
Coterra Energy Inc. stock logo
CTRA
Coterra Energy
7/11/2025Reiterated Rating$24.66Outperform
ConocoPhillips stock logo
COP
ConocoPhillips
7/11/2025Boost Price Target$95.78$100.00Sector Perform
CVR Energy Inc. stock logo
CVI
CVR Energy
7/11/2025Boost Price Target$32.35$25.00Sector Underperform
Phillips 66 stock logo
PSX
Phillips 66
7/11/2025Reiterated Rating$134.37$133.00Sector Perform
APA Corporation stock logo
APA
APA
7/11/2025Reiterated Rating$20.50$22.00Sector Perform
BP p.l.c. stock logo
BP
BP
7/11/2025Reiterated Rating$32.52$34.00Sector Perform
PBF Energy Inc. stock logo
PBF
PBF Energy
7/11/2025Reiterated Rating$28.73$25.00Sector Perform
Murphy Oil Corporation stock logo
MUR
Murphy Oil
7/11/2025Reiterated Rating$26.53$26.00Sector Perform
Marathon Petroleum Corporation stock logo
MPC
Marathon Petroleum
7/11/2025Boost Price Target$181.57$180.00Sector Outperform
Hess Corporation stock logo
HES
Hess
7/11/2025Boost Price Target$153.00$155.00Sector Perform
HF Sinclair Corporation stock logo
DINO
HF Sinclair
7/11/2025Boost Price Target$45.56$61.00Sector Outperform
Diamondback Energy, Inc. stock logo
FANG
Diamondback Energy
7/11/2025Boost Price Target$144.74$180.00Sector Outperform
Devon Energy Corporation stock logo
DVN
Devon Energy
7/11/2025Boost Price Target$34.18$40.00Sector Outperform
Delek US Holdings, Inc. stock logo
DK
Delek US
7/11/2025Reiterated Rating$26.90$20.00Sector Perform
Coterra Energy Inc. stock logo
CTRA
Coterra Energy
7/11/2025Boost Price Target$25.19$35.00Sector Outperform
CVR Energy Inc. stock logo
CVI
CVR Energy
5/5/2025Boost Price Target$20.39$21.00Sector Underperform
EOG Resources, Inc. stock logo
EOG
EOG Resources
4/11/2025Upgrade$104.39$130.00Sector Outperform
Chevron Corporation stock logo
CVX
Chevron
4/11/2025Downgrade$134.88$143.00Sector Perform
Occidental Petroleum Corporation stock logo
OXY
Occidental Petroleum
4/11/2025Downgrade$36.39$40.00Sector Perform
CVR Energy Inc. stock logo
CVI
CVR Energy
4/11/2025Lower Price Target$17.72$16.00Sector Underperform
Coterra Energy Inc. stock logo
CTRA
Coterra Energy
4/11/2025Lower Price Target$25.13$33.00Sector Outperform
ConocoPhillips stock logo
COP
ConocoPhillips
4/11/2025Lower Price Target$86.36$95.00Sector Perform
Clean Energy Fuels Corp. stock logo
CLNE
Clean Energy Fuels
4/11/2025Lower Price Target$1.49$4.00Sector Outperform
APA Corporation stock logo
APA
APA
4/11/2025Lower Price Target$15.04$14.00Sector Perform
Valero Energy Corporation stock logo
VLO
Valero Energy
4/11/2025Lower Price Target$110.59$136.00Sector Outperform
TotalEnergies SE Sponsored ADR stock logo
TTE
TotalEnergies
4/11/2025Lower Price Target$56.13$60.00Sector Perform
Shell PLC Unsponsored ADR stock logo
SHEL
Shell
4/11/2025Lower Price Target$62.05$70.00Sector Outperform
Phillips 66 stock logo
PSX
Phillips 66
4/11/2025Lower Price Target$97.23$133.00Sector Outperform
PBF Energy Inc. stock logo
PBF
PBF Energy
4/11/2025Lower Price Target$15.44$16.00Sector Perform
OPAL Fuels Inc. stock logo
OPAL
OPAL Fuels
4/11/2025Lower Price Target$1.36$3.50Sector Perform
Murphy Oil Corporation stock logo
MUR
Murphy Oil
4/11/2025Lower Price Target$20.90$22.00Sector Perform
Marathon Petroleum Corporation stock logo
MPC
Marathon Petroleum
4/11/2025Lower Price Target$123.29$147.00Sector Outperform
Montauk Renewables, Inc. stock logo
MNTK
Montauk Renewables
4/11/2025Lower Price Target$2.08$4.00Sector Perform
Hess Corporation stock logo
HES
Hess
4/11/2025Lower Price Target$128.42$146.58Sector Perform
Diamondback Energy, Inc. stock logo
FANG
Diamondback Energy
4/11/2025Lower Price Target$129.01$175.00Sector Outperform
Devon Energy Corporation stock logo
DVN
Devon Energy
4/11/2025Lower Price Target$28.23$35.00Sector Outperform
Delek US Holdings, Inc. stock logo
DK
Delek US
4/11/2025Lower Price Target$12.48$14.00Sector Perform
HF Sinclair Corporation stock logo
DINO
HF Sinclair
4/11/2025Lower Price Target$27.73$49.00Sector Outperform