Paul Cheng Analyst PerformanceManaging Director at ScotiabankPaul 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 43 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 StatisticsAnalyst RankingSubscribe to MarketBeat All Access for the analyst's recommendation accuracy rating MarketBeatAverage Return00.00% 12-Month ROISuccess Rate00.00% Profitable RatingsTotal Ratings151 Last 10 YearsBuy Recommendations51.70% 76 Buy RatingsCompanies Covered33 Unique Companies Ratings Distribution147RatingsDistribution of strong buy, buy, hold, and sell ratings by Paul Cheng.RatingPercentageCount Strong Buy0.0%0 ratings Buy51.7%76 ratings Hold38.8%57 ratings Sell9.5%14 ratingsOut of 147 total stock ratings issued by Paul Cheng at Scotiabank, the majority (51.7%) have been Buy recommendations, followed by 38.8% Hold and 9.5% Sell.Best & Worst CallsBest Call000.0%ANDVOct 2014Subscribe to MarketBeat All Access to get analyst recommendation ROI.Worst Call000.0%MPCFeb 2015Subscribe to MarketBeat All Access to get analyst recommendation ROI.Exchange CoverageExchangePercentageCountNYSE81.8% of companies on NYSE27 companiesNASDAQ18.2% of companies on NASDAQ6 companiesPaul Cheng, an analyst at Scotiabank, currently covers 33 companies listed on NYSE and NASDAQ, with the majority traded on NYSE.Coverage FocusSector IconSectorPercentageEnergy30 companies90.9%Miscellaneous2 companies6.1%Utilities1 company3.0%Paul Cheng of Scotiabank specializes in stock coverage within the Energy sector, with additional focus on and Utilities companies.Coverage IndustriesIndustryPercentageOIL - US EXP&PROD8 companies24.2%OIL REFING&MKTG8 companies24.2%OIL - INTL INTGD5 companies15.2%OIL - US INTEGRTD3 companies9.1%PETROLEUM REFINING3 companies9.1%OTHER ALT ENERGY2 companies6.1%Miscellaneous2 companies6.1%UTIL - GAS DISTR1 company3.0%CRUDE PETROLEUM & NATURAL GAS1 company3.0% About Paul ChengMr. 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.Follow on LinkedIn Paul Cheng's Ratings History at Scotiabank Custom Range 1 Month 3 Months 6 Months Year-to-Date 1 Year 2 Years 3 Years 4 Years 5 Years All Time Timeframe Start Date End Date All Ratings Strong Buy Buy Hold Sell Rating 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 Subscription12-Month ROIUpgrade to All Access to use the All ROI Filter Export to Excel CompanyReport DateActionReport Date Price12-MonthPrice TargetRating12-MonthPrice & ROIDetailsEOGEOG Resources9/26/2025Reiterated Rating$117.33$130.00Sector Perform$0.0000.00% ROICHRDChord Energy9/19/2025Initiated Coverage$104.33$120.00Sector Perform$0.0000.00% ROIPRPermian Resources9/19/2025Initiated Coverage$13.59$21.00Sector Outperform$0.0000.00% ROIBPBP8/14/2025Upgrade$34.29$42.00Sector Outperform$0.0000.00% ROITTETotalEnergies7/11/2025Set Price Target$62.32$65.00Sector Perform$0.0000.00% ROICTRACoterra Energy7/11/2025Reiterated Rating$24.66Outperform$0.0000.00% ROICVICVR Energy7/11/2025Boost Price Target$32.35$25.00Sector Underperform$0.0000.00% ROIPSXPhillips 667/11/2025Reiterated Rating$134.37$133.00Sector Perform$0.0000.00% ROIAPAAPA7/11/2025Reiterated Rating$20.50$22.00Sector Perform$0.0000.00% ROIBPBP7/11/2025Reiterated Rating$32.52$34.00Sector Perform$0.0000.00% ROI Get the Latest News and Ratings for Your StocksEnter your email address below to receive the latest headlines and analysts' recommendations for your stocks with our free daily email newsletter. PBFPBF Energy7/11/2025Reiterated Rating$28.73$25.00Sector Perform$0.0000.00% ROIMURMurphy Oil7/11/2025Reiterated Rating$26.53$26.00Sector Perform$0.0000.00% ROIMPCMarathon Petroleum7/11/2025Boost Price Target$181.57$180.00Sector Outperform$0.0000.00% ROIHESHess7/11/2025Boost Price Target$153.00$155.00Sector Perform$0.0000.00% ROIDINOHF Sinclair7/11/2025Boost Price Target$45.56$61.00Sector Outperform$0.0000.00% ROIFANGDiamondback Energy7/11/2025Boost Price Target$144.74$180.00Sector Outperform$0.0000.00% ROIDVNDevon Energy7/11/2025Boost Price Target$34.18$40.00Sector Outperform$0.0000.00% ROIDKDelek US7/11/2025Reiterated Rating$26.90$20.00Sector Perform$0.0000.00% ROICTRACoterra Energy7/11/2025Boost Price Target$25.19$35.00Sector Outperform$0.0000.00% ROICOPConocoPhillips7/11/2025Boost Price Target$95.78$100.00Sector Perform$0.0000.00% ROICVICVR Energy5/5/2025Boost Price Target$20.39$21.00Sector Underperform$0.0000.00% ROIDKDelek US4/11/2025Lower Price Target$12.48$14.00Sector Perform$0.0000.00% ROIDINOHF Sinclair4/11/2025Lower Price Target$27.73$49.00Sector Outperform$0.0000.00% ROIEOGEOG Resources4/11/2025Upgrade$104.39$130.00Sector Outperform$0.0000.00% ROICVXChevron4/11/2025Downgrade$134.88$143.00Sector Perform$0.0000.00% ROIOXYOccidental Petroleum4/11/2025Downgrade$36.39$40.00Sector Perform$0.0000.00% ROICVICVR Energy4/11/2025Lower Price Target$17.72$16.00Sector Underperform$0.0000.00% ROICTRACoterra Energy4/11/2025Lower Price Target$25.13$33.00Sector Outperform$0.0000.00% ROICOPConocoPhillips4/11/2025Lower Price Target$86.36$95.00Sector Perform$0.0000.00% ROICLNEClean Energy Fuels4/11/2025Lower Price Target$1.49$4.00Sector Outperform$0.0000.00% ROIAPAAPA4/11/2025Lower Price Target$15.04$14.00Sector Perform$0.0000.00% ROIVLOValero Energy4/11/2025Lower Price Target$110.59$136.00Sector Outperform$0.0000.00% ROITTETotalEnergies4/11/2025Lower Price Target$56.13$60.00Sector Perform$0.0000.00% ROISHELShell4/11/2025Lower Price Target$62.05$70.00Sector Outperform$0.0000.00% ROIPSXPhillips 664/11/2025Lower Price Target$97.23$133.00Sector Outperform$0.0000.00% ROIPBFPBF Energy4/11/2025Lower Price Target$15.44$16.00Sector Perform$0.0000.00% ROIOPALOPAL Fuels4/11/2025Lower Price Target$1.36$3.50Sector Perform$0.0000.00% ROIMURMurphy Oil4/11/2025Lower Price Target$20.90$22.00Sector Perform$0.0000.00% ROIMPCMarathon Petroleum4/11/2025Lower Price Target$123.29$147.00Sector Outperform$0.0000.00% ROIMNTKMontauk Renewables4/11/2025Lower Price Target$2.08$4.00Sector Perform$0.0000.00% ROIHESHess4/11/2025Lower Price Target$128.42$146.58Sector Perform$0.0000.00% ROIFANGDiamondback Energy4/11/2025Lower Price Target$129.01$175.00Sector Outperform$0.0000.00% ROIDVNDevon Energy4/11/2025Lower Price Target$28.23$35.00Sector Outperform$0.0000.00% ROI Stock Forecasts and Research Tools Today's Ratings U.S. Ratings U.K. Ratings Canadian Ratings All Upgrades All Downgrades All Initiations All Price Target Changes Top-Rated Stocks Top Rated Stocks Top-Rated Dividend Stocks Top-Rated Small-Cap Stocks Top-Rated Tech Stocks Most-Upgraded Stocks Most-Downgraded Stocks Lowest-Rated Stocks More Ratings Tools Stock Ratings by Issuer Top-Rated Analysts Top-Rated Brokerages Stock Ratings Screener Free Ratings Newsletter Price Forecasts for Popular Stocks Alphabet (Google) Stock ForecastAmazon Stock ForecastApple Stock ForecastMeta (Facebook) Stock ForecastMicrosoft Stock ForecastNetflix Stock ForecastNvidia Stock ForecastTesla Stock Forecast Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. 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