May 16th, 2022
From the desk of The Editor
Dear Reader,
We have identified several energy stocks which are expected to go “Ex-Dividend” very soon.
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:
Conocophillips
Symbol: COP
Recent Price: $$102.45
Average Analyst Price Target: $128.69 (25.61%)
Market Cap: $$132.51B
Expected Ex-Dividend Date: Jun 27 2022
Expected Payment Date: Jul 15 2022
Expected Dividend & Yield: 2.92%
Recent Analyst Action: Scott Hanold, analyst at RBC Capital, reiterates coverage on Conocophillips (COP) in the Utilities sector with a Buy rating and a price target of $ 127 (5 days ago).
TipRanks.com also reports that Conocophillips currently has 14 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $128.69 . The target pricing ranges from a high forecast of $160.00 down to a low forecast of $115.00. Conocophillips (COP)’s last closing price was $$102.45 which would put the average price target at 25.61% upside.Here are 3rd party ratings for COP:
- TipRanks.com: Strong Buy
- TradingView.com: Strong Buy
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: Strong buy
- Zacks.com: Buy, Top 8% (20 out of 253)
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Black Hills
Symbol: BKH
Recent Price: $$75.98
Average Analyst Price Target: $79.50 (4.63%)
Market Cap: $$4.93B
Expected Ex-Dividend Date: May 17 2022
Expected Payment Date: Jun 01 2022
Expected Dividend & Yield: 3.09%
Recent Analyst Action: Shelby Tucker, analyst at RBC Capital, reiterates coverage on Black Hills (BKH) in the Utilities sector with a Buy rating and a price target of $ 81 (1 week ago).
TipRanks.com also reports that Black Hills currently has 4 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $79.50 . The target pricing ranges from a high forecast of $82.00 down to a low forecast of $76.00. Black Hills (BKH)’s last closing price was $$75.98 which would put the average price target at 4.63% upside.Here are 3rd party ratings for BKH:
- TipRanks.com: Moderate Buy
- TradingView.com: Buy
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong buy
- Zacks.com: Hold, Bottom 40% (151 out of 253)
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Falcon Minerals
Symbol: FLMN
Recent Price: $$7.21
Average Analyst Price Target: $8.40 (16.50%)
Market Cap: $$339.72M
Expected Ex-Dividend Date: May 17 2022
Expected Payment Date: May 31 2022
Expected Dividend & Yield: 8.72%
Recent Analyst Action: Joseph McKay, analyst at Wells Fargo, reiterates coverage on Falcon Minerals (FLMN) in the Utilities sector with a Hold rating and a price target of $ 7 (2 weeks ago).
TipRanks.com also reports that Falcon Minerals currently has 4 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $8.40 . The target pricing ranges from a high forecast of $9.60 down to a low forecast of $7.00. Falcon Minerals (FLMN)’s last closing price was $$7.21 which would put the average price target at 16.50% upside.Here are 3rd party ratings for FLMN:
- TipRanks.com: Moderate Buy
- TradingView.com: Strong Buy
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong buy
- Zacks.com: Strong Buy, Top 18% (45 out of 253)
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Marathon Oil
Symbol: MRO
Recent Price: $$27
Average Analyst Price Target: $33.31 (23.37%)
Market Cap: $$19.11B
Expected Ex-Dividend Date: May 17 2022
Expected Payment Date: Jun 10 2022
Expected Dividend & Yield: 0.95%
Recent Analyst Action: Biju Perincheril, analyst at Susquehanna, reiterates coverage on Marathon Oil (MRO) in the Utilities sector with a Buy rating and a price target of $ 35 (1 week ago).
TipRanks.com also reports that Marathon Oil currently has 17 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $33.31 . The target pricing ranges from a high forecast of $41.00 down to a low forecast of $25.00. Marathon Oil (MRO)’s last closing price was $$27 which would put the average price target at 23.37% upside.Here are 3rd party ratings for MRO:
- TipRanks.com: Moderate Buy
- TradingView.com: Buy
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong buy
- Zacks.com: Buy, Top 8% (20 out of 253)
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Matador Resources
Symbol: MTDR
Recent Price: $$48.39
Average Analyst Price Target: $76.13 (57.33%)
Market Cap: $$5.72B
Expected Ex-Dividend Date: May 17 2022
Expected Payment Date: Jun 03 2022
Expected Dividend & Yield: 0.36%
Recent Analyst Action: Nitin Kumar, analyst at Wells Fargo, reiterates coverage on Matador Resources (MTDR) in the Utilities sector with a Buy rating and a price target of $ 70 (1 week ago).
TipRanks.com also reports that Matador Resources currently has 8 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $76.13 . The target pricing ranges from a high forecast of $89.00 down to a low forecast of $56.00. Matador Resources (MTDR)’s last closing price was $$48.39 which would put the average price target at 57.33% upside.Here are 3rd party ratings for MTDR:
- TipRanks.com: Strong Buy
- TradingView.com: Sell
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: buy
- Zacks.com: Strong Buy, Top 2% (5 out of 253)
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Marathon Petroleum
Symbol: MPC
Recent Price: $$95.88
Average Analyst Price Target: $102.75 (7.24%)
Market Cap: $$51.87B
Expected Ex-Dividend Date: May 17 2022
Expected Payment Date: Jun 10 2022
Expected Dividend & Yield: 2.42%
Recent Analyst Action: T J, analyst at RBC Capital, reiterates coverage on Marathon Petroleum (MPC) in the Utilities sector with a Buy rating and a price target of $ 108 (1 week ago).
TipRanks.com also reports that Marathon Petroleum currently has 12 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $102.75 . The target pricing ranges from a high forecast of $115.00 down to a low forecast of $85.00. Marathon Petroleum (MPC)’s last closing price was $$95.88 which would put the average price target at 7.24% upside.Here are 3rd party ratings for MPC:
- TipRanks.com: Strong Buy
- TradingView.com: Strong Buy
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong buy
- Zacks.com: Hold, Top 12% (30 out of 253)
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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