May 24th, 2022
From the desk of The Editor
Dear Reader,
We have identified several energy stocks which are expected to go “Ex-Dividend” starting today, May 24th.
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:
Petroleo Brasileiro SA- Petrobras
Symbol: PBR
Recent Price: $$15.53
Average Analyst Price Target: $16.90 (8.85%)
Market Cap: $$101.26B
Expected Ex-Dividend Date: May 24 2022
Expected Payment Date: Jul 27 2022
Expected Dividend & Yield: 27.48%
Recent Analyst Action: Luiz Carvalho, analyst at UBS, reiterates coverage on Petroleo Brasileiro SA- Petrobras (PBR) in the Utilities sector with a Buy rating and a price target of $ 17.3 (1 week ago).
TipRanks.com also reports that Petroleo Brasileiro SA- Petrobras currently has 2 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $16.90 . The target pricing ranges from a high forecast of $17.30 down to a low forecast of $16.50. Petroleo Brasileiro SA- Petrobras (PBR)’s last closing price was $$15.53 which would put the average price target at 8.85% upside.Here are 3rd party ratings for PBR:
- TipRanks.com: Moderate Buy
- TradingView.com: Strong Buy
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: Strong buy
- Zacks.com: Strong Buy, Top 8% (21 out of 253)
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Vaalco Energy
Symbol: EGY
Recent Price: $$6.51
Average Analyst Price Target: $8.42 (29.39%)
Market Cap: $$383.31M
Expected Ex-Dividend Date: May 24 2022
Expected Payment Date: Jun 24 2022
Expected Dividend & Yield: 1.01%
Recent Analyst Action: Unknown Analyst, analyst at Canaccord Genuity, reiterates coverage on Vaalco Energy (EGY) in the Utilities sector with a Buy rating and a price target of $ 8.34 (1 month ago).
TipRanks.com also reports that Vaalco Energy currently has 2 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $8.42 . The target pricing ranges from a high forecast of $8.50 down to a low forecast of $8.34. Vaalco Energy (EGY)’s last closing price was $$6.51 which would put the average price target at 29.39% upside.Here are 3rd party ratings for EGY:
- TipRanks.com: Moderate Buy
- TradingView.com: Buy
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: buy
- Zacks.com: Hold, Top 13% (32 out of 253)
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GeoPark
Symbol: GPRK
Recent Price: $$15.91
Average Analyst Price Target: $20.00 (25.71%)
Market Cap: $$954.86M
Expected Ex-Dividend Date: May 25 2022
Expected Payment Date: Jun 10 2022
Expected Dividend & Yield: 1.60%
Recent Analyst Action: Vicente Falanga, analyst at Bradesco, reiterates coverage on GeoPark (GPRK) in the Utilities sector with a Buy rating and a price target of $ 20 (2 months ago).
TipRanks.com also reports that GeoPark currently has 1 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $20.00 . The target pricing ranges from a high forecast of $20.00 down to a low forecast of $20.00. GeoPark (GPRK)’s last closing price was $$15.91 which would put the average price target at 25.71% upside.Here are 3rd party ratings for GPRK:
- TipRanks.com: Moderate Buy
- TradingView.com: Strong Buy
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: Strong buy
- Zacks.com: Strong Buy, Top 2% (4 out of 253)
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Enerplus
Symbol: ERF
Recent Price: $$13.09
Average Analyst Price Target: $17.15 (31.02%)
Market Cap: $$3.15B
Expected Ex-Dividend Date: May 26 2022
Expected Payment Date: Jun 15 2022
Expected Dividend & Yield: 1.06%
Recent Analyst Action: Cody Kwong, analyst at Stifel Nicolaus, reiterates coverage on Enerplus (ERF) in the Utilities sector with a Buy rating and a price target of $ 22.65 (2 weeks ago).
TipRanks.com also reports that Enerplus currently has 7 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $17.15 . The target pricing ranges from a high forecast of $22.65 down to a low forecast of $12.10. Enerplus (ERF)’s last closing price was $$13.09 which would put the average price target at 31.02% upside.Here are 3rd party ratings for ERF:
- TipRanks.com: Strong Buy
- TradingView.com: Strong Buy
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong buy
- Zacks.com: Strong Buy, Top 8% (19 out of 253)
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Brookfield Infrastructure
Symbol: BIP
Recent Price: $$62.07
Average Analyst Price Target: $71.33 (14.92%)
Market Cap: $$18.95B
Expected Ex-Dividend Date: May 27 2022
Expected Payment Date: Jun 30 2022
Expected Dividend & Yield: 3.43%
Recent Analyst Action: Robert Kwan, analyst at RBC Capital, reiterates coverage on Brookfield Infrastructure (BIP) in the Utilities sector with a Buy rating and a price target of $ 70 (2 weeks ago).
TipRanks.com also reports that Brookfield Infrastructure currently has 3 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $71.33 . The target pricing ranges from a high forecast of $74.00 down to a low forecast of $70.00. Brookfield Infrastructure (BIP)’s last closing price was $$62.07 which would put the average price target at 14.92% upside.Here are 3rd party ratings for BIP:
- TipRanks.com: Moderate Buy
- TradingView.com: Buy
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: buy
- Zacks.com: Hold, Bottom 39% (154 out of 253)
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NextEra Energy
Symbol: NEE
Recent Price: $$72.55
Average Analyst Price Target: $92.15 (27.02%)
Market Cap: $$142.52B
Expected Ex-Dividend Date: May 27 2022
Expected Payment Date: Jun 15 2022
Expected Dividend & Yield: 2.27%
Recent Analyst Action: Stephen Byrd, analyst at Morgan Stanley, reiterates coverage on NextEra Energy (NEE) in the Utilities sector with a Hold rating and a price target of $ 86 (1 day ago).
TipRanks.com also reports that NextEra Energy currently has 13 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $92.15 . The target pricing ranges from a high forecast of $107.00 down to a low forecast of $81.00. NextEra Energy (NEE)’s last closing price was $$72.55 which would put the average price target at 27.02% upside.Here are 3rd party ratings for NEE:
- TipRanks.com: Strong Buy
- TradingView.com: Neutral
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Hold, Bottom 39% (154 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