Kupperman now expects strong demand and low supplies to pushHarris Kupperman, the president of Praetorian Capital: 20 companies in with at least 75% buy or equivalent ratings that have the most upside potential over the next 12 months, based on consensus price targets: Company Ticker Country Share buy ratings Dec. 27 price Price target Implied 12-month upside potential EQT Corp. EQT U.S. 83% 36.34 59.14 63% Green Plains Inc. GPRE U.S. 80% 29.80 43.40 46% Cameco Corp. CA:CCO Canada 100% 30.48 44.25 45% Talos Energy Inc. TALO U.S. 86% 19.77 28.67 45% Ranger Oil Corp. Class A ROCC U.S. 100% 41.33 58.00 40% Tourmaline Oil Corp. CA:TOU Canada 100% 71.40 98.83 38% Civitas Resources Inc. CIVI U.S. 100% 58.82 80.83 37% Inpex Corp. JP:1605 Japan 88% 1,477.00 1,965.56 33% Diamondback Energy Inc. FANG U.S. 84% 137.58 181.90 32% Santos Limited AU:STO Australia 100% 7.20 9.26 29% Matador Resources Co. MTDR U.S. 79% 57.59 73.75 28% Targa Resources Corp. TRGP U.S. 95% 73.89 94.05 27% Cenovus Energy Inc. CA:CVE Canada 84% 26.24 33.22 27% Shell PLC UK:SHEL U.K. 83% 23.67 29.82 26% Ampol Limited AU:ALD Australia 85% 28.29 35.01 24% EOG Resources Inc. EOG U.S. 79% 132.08 157.52 19% ConocoPhillips COP U.S. 83% 118.47 140.84 19% Repsol SA ES:REP Spain 75% 15.05 17.88 19% Halliburton Co. HAL U.S. 86% 39.27 45.95 17% Marathon Petroleum Corp. MPC U.S.