Dear Reader,
We have identified several energy stocks which are expected to go “Ex-Dividend” starting September 9th, 2022.
If you purchase a stock on its ex-dividend date or after, you will not receive the next dividend payment.
Instead, the seller gets the dividend. If you purchase before the ex-dividend date, you get the dividend.
If you sell your stock before the ex-dividend date, you also are selling away your right to the stock dividend.
So please keep this in mind.
Below is our latest Dividend Report:
Devon Energy
Recent DVN Stock Price: $68.36
Average Analyst Price Target: $82.53 (20.73%)
DVN Market Cap: $45.53B
Expected Ex-Dividend Date for DVN stock: Sep 09 2022
Expected Payment Date for DVN stock: Sep 30 2022
Expected Dividend & Yield for DVN stock: 3.54%
Recent Analyst Action: Devin McDermott, analyst at Morgan Stanley, reiterates coverage on Devon Energy (DVN) stock in the Utilities sector with a Hold rating and a price target of $ 69 (1 week ago).
TipRanks.com also reports that Devon Energy stock currently has 15 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $82.53 . The target pricing ranges from a high forecast of $115.00 down to a low forecast of $61.00. Devon Energy (DVN)’s last closing stock price was $68.36 which would put the average price target at 20.73% upside.
Here are 3rd party ratings for DVN:
- TipRanks.com: Moderate Buy
- TradingView.com: n/a
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: buy
- Zacks.com: Hold, Top 29% (74 out of 252)
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Occidental Petroleum
Recent OXY Stock Price: $65.43
Average Analyst Price Target: $77.15 (17.91%)
OXY Market Cap: $62.30B
Expected Ex-Dividend Date for OXY stock: Sep 09 2022
Expected Payment Date for OXY stock: Oct 17 2022
Expected Dividend & Yield for OXY stock: 0.41%
Recent Analyst Action: Devin McDermott, analyst at Morgan Stanley, reiterates coverage on Occidental Petroleum (OXY) stock in the Utilities sector with a Hold rating and a price target of $ 76 (1 day ago).
TipRanks.com also reports that Occidental Petroleum stock currently has 14 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $77.15 . The target pricing ranges from a high forecast of $105.00 down to a low forecast of $59.00. Occidental Petroleum (OXY)’s last closing stock price was $65.43 which would put the average price target at 17.91% upside.
Here are 3rd party ratings for OXY:
- TipRanks.com: Moderate Buy
- TradingView.com: n/a
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong buy
- Zacks.com: Hold, Bottom 35% (163 out of 252)
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Petrochina Company
Recent PTR Stock Price: $47.09
Average Analyst Price Target: n/a ()
PTR Market Cap: $140.87B
Expected Ex-Dividend Date for PTR stock: Sep 09 2022
Expected Payment Date for PTR stock: Nov 07 2022
Expected Dividend & Yield for PTR stock: 6.54%
Recent Analyst Action: Parsley Ong, analyst at J.P. Morgan, reiterates coverage on Petrochina Company (PTR) stock in the Utilities sector, Parsley Ong has not provided a price target.
Here are 3rd party ratings for PTR:
- TipRanks.com:
- TradingView.com: n/a
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: sell
- Zacks.com: Sell, Top 15% (37 out of 252)
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Spire
Recent SR Stock Price: $70.06
Average Analyst Price Target: $75.50 (7.76%)
SR Market Cap: $3.61B
Expected Ex-Dividend Date for SR stock: Sep 09 2022
Expected Payment Date for SR stock: Oct 04 2022
Expected Dividend & Yield for SR stock: 3.92%
Recent Analyst Action: Richard Sunderland, analyst at J.P. Morgan, reiterates coverage on Spire (SR) stock in the Utilities sector with a Hold rating and a price target of $ 74 (1 day ago).
TipRanks.com also reports that Spire stock currently has 6 analysts offering 12-month price targets and the consensus is a Hold rating with an average price target is $75.50 . The target pricing ranges from a high forecast of $80.00 down to a low forecast of $69.00. Spire (SR)’s last closing stock price was $70.06 which would put the average price target at 7.76% upside.
Here are 3rd party ratings for SR:
- TipRanks.com: Hold
- TradingView.com: n/a
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Weak sell
- Zacks.com: Hold, Top 28% (70 out of 252)
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And there you have it...
Keep in mind, if you purchase a stock on its ex-dividend date or after, you will not receive the next dividend payment.
Instead, the seller gets the dividend. If you purchase before the ex-dividend date, you get the dividend.
If you sell your stock before the ex-dividend date, you also are selling away your right to the stock dividend.
If you have questions about specific dividends, you should consult with your financial advisor or visit Investor.gov for more information.
Sincerely,
The Editor, EnergyStockMovers.com
EnergyStockMovers.com keeps investors informed of trending energy stocks within the entire energy sector including green energy, renewable energy, fossil fuels, oil and natural gas, crude oil, gas pipelines and exploration and production. We provide investors with timely information regarding top moving stocks in the energy sector sourced from our proprietary stocks screens, energy stock earnings reports, energy stock dividend yields, partner stock analysts and breaking news that identify and monitor stocks that are on the move. The stock prices or share prices are not real time and are delayed at least 15 minutes. Join thousands of investors who already signed up for our free subscription to EnergyStockMovers.com
