Ex-Dividend Dates Coming This Week: Energy Dividend Stocks

Dear Reader,

We have identified several energy stocks which are expected to go “Ex-Dividend” starting December 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: $64.13
Average Analyst Price Target: $83.07 (29.53%)
DVN Market Cap: $43.50B
Expected Ex-Dividend Date for DVN stock: Dec 09 2022
Expected Payment Date for DVN stock: Dec 30 2022
Expected Dividend & Yield for DVN stock: 3.85%

Recent Analyst Action: Mark Lear, analyst at Piper Sandler, reiterates coverage on Devon Energy (DVN) stock in the Utilities sector with a Buy rating and a price target of $ 98 (5 days ago). 

TipRanks.com also reports that Devon Energy stock currently has 14 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $83.07 . The target pricing ranges from a high forecast of $100.00 down to a low forecast of $67.00. Devon Energy (DVN)’s last closing stock price was $64.13 which would put the average price target at 29.53% upside.

Here are 3^rd party ratings for DVN:

• TipRanks.com: Moderate Buy
• TradingView.com: Sell
• Yahoo! Finance: Bullish Short-Term Outlook
• Barchart.com: Weak sell
• Zacks.com: Hold, Bottom 31% (172 out of 250)

Recent OXY Stock Price: $64.14
Average Analyst Price Target: $75.38 (17.52%)
OXY Market Cap: $60.32B
Expected Ex-Dividend Date for OXY stock: Dec 09 2022
Expected Payment Date for OXY stock: Jan 17 2023
Expected Dividend & Yield for OXY stock: 0.60%

Recent Analyst Action: Raphael Dubois, analyst at Societe Generale, reiterates coverage on Occidental Petroleum (OXY) stock in the Utilities sector with a Buy rating and a price target of $ 87 (1 week ago). 

TipRanks.com also reports that Occidental Petroleum stock currently has 13 analysts offering 12-month price targets and the consensus is a Hold rating with an average price target is $75.38 . The target pricing ranges from a high forecast of $93.00 down to a low forecast of $63.00. Occidental Petroleum (OXY)’s last closing stock price was $64.14 which would put the average price target at 17.52% upside.

Here are 3^rd party ratings for OXY:

• TipRanks.com: Hold
• TradingView.com: n/a (possibly response change)
• Yahoo! Finance: Bearish Short-Term Outlook
• Barchart.com: Weak buy
• Zacks.com: Hold, Top 38% (95 out of 250)

Recent SR Stock Price: $67.52
Average Analyst Price Target: $70.00 (3.67%)
SR Market Cap: $3.42B
Expected Ex-Dividend Date for SR stock: Dec 09 2022
Expected Payment Date for SR stock: Jan 04 2023
Expected Dividend & Yield for SR stock: 3.99%

Recent Analyst Action: Shahriar Pourreza, analyst at Guggenheim, reiterates coverage on Spire (SR) stock in the Utilities sector with a Hold rating and a price target of $ 61 (1 day ago). 

TipRanks.com also reports that Spire stock currently has 7 analysts offering 12-month price targets and the consensus is a Hold rating with an average price target is $70.00 . The target pricing ranges from a high forecast of $75.00 down to a low forecast of $61.00. Spire (SR)’s last closing stock price was $67.52 which would put the average price target at 3.67% upside.

Here are 3^rd party ratings for SR:

• TipRanks.com: Hold
• TradingView.com: n/a (possibly response change)
• Yahoo! Finance: Bearish Short-Term Outlook
• Barchart.com: Strong sell
• Zacks.com: Hold, Bottom 33% (168 out of 250)

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