Dear Reader,
We have identified several energy stocks which are expected to go “Ex-Dividend” starting tomorrow, June 13th.
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:
New Fortress Energy
Symbol: NFE
Recent Price: $43.32
Average Analyst Price Target: $50.00 (15.42%)
Market Cap: $8.99B
Expected Ex-Dividend Date: Jun 13 2022
Expected Payment Date: Jun 28 2022
Expected Dividend & Yield: 0.79%
Recent Analyst Action: Benjamin Nolan, analyst at Stifel Nicolaus, reiterates coverage on New Fortress Energy (NFE) in the Utilities sector with a Buy rating and a price target of $ 58 (1 week ago).
TipRanks.com also reports that New Fortress Energy currently has 5 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $50.00 . The target pricing ranges from a high forecast of $60.00 down to a low forecast of $36.00. New Fortress Energy (NFE)’s last closing price was $$43.32 which would put the average price target at 15.42% upside.Here are 3rd party ratings for NFE:
- TipRanks.com: Strong Buy
- TradingView.com: Sell
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: buy
- Zacks.com: Hold, Top 24% (59 out of 251)
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Birchcliff Energy
Symbol: BIREF
Recent Price: $9.28
Average Analyst Price Target: $9.70 (4.53%)
Market Cap: $2.46B
Expected Ex-Dividend Date: Jun 14 2022
Expected Payment Date: Jun 30 2022
Expected Dividend & Yield: 0.34%
Recent Analyst Action: Jeremy Mccrea, analyst at Raymond James, reiterates coverage on Birchcliff Energy (BIREF) in the Utilities sector with a Buy rating and a price target of $ 9.4 (1 month ago).
TipRanks.com also reports that Birchcliff Energy currently has 8 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $9.70 . The target pricing ranges from a high forecast of $12.54 down to a low forecast of $8.62. Birchcliff Energy (BIREF)’s last closing price was $$9.28 which would put the average price target at 4.53% upside.Here are 3rd party ratings for BIREF:
- TipRanks.com: Strong Buy
- TradingView.com: n/a
- Yahoo! Finance: Neutral Short-Term Outlook
- Barchart.com: Strong buy
- Zacks.com: n/a, n/a
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Cenovus Energy
Symbol: CVE
Recent Price: $23.53
Average Analyst Price Target: $24.25 (3.06%)
Market Cap: $46.63B
Expected Ex-Dividend Date: Jun 14 2022
Expected Payment Date: Jun 30 2022
Expected Dividend & Yield: 0.62%
Recent Analyst Action: Manav Gupta, analyst at Credit Suisse, reiterates coverage on Cenovus Energy (CVE) in the Utilities sector with a Buy rating and a price target of $ 29.13 (3 days ago).
TipRanks.com also reports that Cenovus Energy currently has 12 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $24.25 . The target pricing ranges from a high forecast of $29.13 down to a low forecast of $19.00. Cenovus Energy (CVE)’s last closing price was $$23.53 which would put the average price target at 3.06% upside.Here are 3rd party ratings for CVE:
- TipRanks.com: Strong Buy
- TradingView.com: Buy
- Yahoo! Finance: Neutral Short-Term Outlook
- Barchart.com: Strong buy
- Zacks.com: Strong Buy, Top 1% (2 out of 251)
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Civitas Resources
Symbol: CIVI
Recent Price: $80.66
Average Analyst Price Target: $87.50 (8.48%)
Market Cap: $6.85B
Expected Ex-Dividend Date: Jun 14 2022
Expected Payment Date: Jun 29 2022
Expected Dividend & Yield: 4.04%
Recent Analyst Action: Michael Scialla, analyst at Stifel Nicolaus, reiterates coverage on Civitas Resources (CIVI) in the Utilities sector with a Buy rating and a price target of $ 110 (1 week ago).
TipRanks.com also reports that Civitas Resources currently has 4 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $87.50 . The target pricing ranges from a high forecast of $110.00 down to a low forecast of $69.00. Civitas Resources (CIVI)’s last closing price was $$80.66 which would put the average price target at 8.48% upside.Here are 3rd party ratings for CIVI:
- TipRanks.com: Strong Buy
- TradingView.com: Buy
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong buy
- Zacks.com: Strong Buy, Top 6% (15 out of 251)
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Crescent Point Energy
Symbol: CPG
Recent Price: $10.27
Average Analyst Price Target: $11.53 (12.27%)
Market Cap: $5.88B
Expected Ex-Dividend Date: Jun 14 2022
Expected Payment Date: Jul 04 2022
Expected Dividend & Yield: 1.05%
Recent Analyst Action: Jason Bouvier, analyst at Scotiabank, reiterates coverage on Crescent Point Energy (CPG) in the Utilities sector with a Buy rating and a price target of $ 11.75 (4 days ago).
TipRanks.com also reports that Crescent Point Energy currently has 7 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $11.53 . The target pricing ranges from a high forecast of $15.67 down to a low forecast of $9.40. Crescent Point Energy (CPG)’s last closing price was $$10.27 which would put the average price target at 12.27% upside.Here are 3rd party ratings for CPG:
- TipRanks.com: Strong Buy
- TradingView.com: Buy
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: Strong buy
- Zacks.com: Strong Buy, Top 8% (21 out of 251)
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EOG Resources
Symbol: EOG
Recent Price: $144
Average Analyst Price Target: $156.89 (8.95%)
Market Cap: $84.34B
Expected Ex-Dividend Date: Jul 14 2022
Expected Payment Date: Jul 29 2022
Expected Dividend & Yield: 4.43%
Recent Analyst Action: Vincent Lovaglio, analyst at Mizuho Securities, reiterates coverage on EOG Resources (EOG) in the Utilities sector with a Buy rating and a price target of $175 (4 days ago).
TipRanks.com also reports that EOG Resources currently has 19 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $156.89 . The target pricing ranges from a high forecast of $178.00 down to a low forecast of $140.00. EOG Resources (EOG)’s last closing price was $$144 which would put the average price target at 8.95% upside.Here are 3rd party ratings for EOG:
- TipRanks.com: Strong Buy
- TradingView.com: Buy
- Yahoo! Finance: Neutral Short-Term Outlook
- Barchart.com: Strong buy
- Zacks.com: Hold, Top 6% (15 out of 251)
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Hess
Symbol: HES
Recent Price: $127.72
Average Analyst Price Target: $136.18 (6.62%)
Market Cap: $39.75B
Expected Ex-Dividend Date: Jun 14 2022
Expected Payment Date: Jun 30 2022
Expected Dividend & Yield: 0.96%
Recent Analyst Action: Devin McDermott, analyst at Morgan Stanley, reiterates coverage on Hess (HES) in the Utilities sector with a Buy rating and a price target of $ 141 (6 days ago).
TipRanks.com also reports that Hess currently has 11 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $136.18 . The target pricing ranges from a high forecast of $158.00 down to a low forecast of $110.00. Hess (HES)’s last closing price was $$127.72 which would put the average price target at 6.62% upside.Here are 3rd party ratings for HES:
- TipRanks.com: Strong Buy
- TradingView.com: Buy
- Yahoo! Finance: Neutral Short-Term Outlook
- Barchart.com: Strong buy
- Zacks.com: Hold, Top 29% (73 out of 251)
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Ovintiv
Symbol: OVV
Recent Price: $59.14
Average Analyst Price Target: $65.09 (10.06%)
Market Cap: $15.27B
Expected Ex-Dividend Date: Jun 14 2022
Expected Payment Date: Jun 30 2022
Expected Dividend & Yield: 1.19%
Recent Analyst Action: Jason Bouvier, analyst at Scotiabank, reiterates coverage on Ovintiv (OVV) in the Utilities sector with a Buy rating and a price target of $ 55.12 (4 days ago).
TipRanks.com also reports that Ovintiv currently has 12 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $65.09 . The target pricing ranges from a high forecast of $82.00 down to a low forecast of $50.00. Ovintiv (OVV)’s last closing price was $$59.14 which would put the average price target at 10.06% upside.Here are 3rd party ratings for OVV:
- TipRanks.com: Strong Buy
- TradingView.com: Buy
- Yahoo! Finance: Neutral Short-Term Outlook
- Barchart.com: Strong buy
- Zacks.com: Buy, Top 8% (21 out of 251)
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Parex Resources
Symbol: PARXF
Recent Price: $22.59
Average Analyst Price Target: $30.71 (35.95%)
Market Cap: $2.60B
Expected Ex-Dividend Date: Jun 14 2022
Expected Payment Date: Jun 30 2022
Expected Dividend & Yield: 2.98%
Recent Analyst Action: Kevin Fisk, analyst at Scotiabank, reiterates coverage on Parex Resources (PARXF) in the Utilities sector with a Buy rating and a price target of $ 29.92 (4 days ago).
TipRanks.com also reports that Parex Resources currently has 5 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $30.71 . The target pricing ranges from a high forecast of $33.07 down to a low forecast of $27.56. Parex Resources (PARXF)’s last closing price was $$22.59 which would put the average price target at 35.95% upside.Here are 3rd party ratings for PARXF:
- TipRanks.com: Strong Buy
- TradingView.com: n/a
- Yahoo! Finance: Neutral Short-Term Outlook
- Barchart.com: Strong buy
- Zacks.com: n/a, n/a
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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