During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Benzinga readers can review the latest analyst takes on their favorite stocks by visiting our Analyst Stock Ratings page. Traders can sort through Benzinga's extensive database of analyst ratings, including by analyst accuracy.
Below are the ratings of the most accurate analysts for three high-yielding stocks in the energy sector.
APA Corporation (NYSE:APA)
- Dividend Yield: 3.08%
- Piper Sandler analyst Mark Lear maintained a Neutral rating and raised the price target from $33 to $35 on April 19, 2024. This analyst has an accuracy rate of 76%.
- JP Morgan analyst Arun Jayaram maintained a Neutral rating and boosted the price target from $38 to $40 on April 11, 2024. This analyst has an accuracy rate of 74%.
- Recent News: APA is scheduled to host a conference call to discuss its first-quarter 2024 results on May 2, 2024.
Exxon Mobil Corporation (NYSE:XOM)
- Dividend Yield: 3.15%
- Piper Sandler analyst Ryan Todd maintained an Overweight rating and raised the price target from $130 to $145 on April 18, 2024. This analyst has an accuracy rate of 77%.
- Wells Fargo analyst Roger Read maintained an Overweight rating and boosted the price target from $126 to $138 on April 4, 2024. This analyst has an accuracy rate of 74%.
- Recent News: Exxon Mobil said it will release its first quarter 2024 financial results on April 26, 2024.
Northern Oil and Gas, Inc. (NYSE:NOG)
- Dividend Yield: 3.75%
- Piper Sandler analyst Mark Lear maintained a Neutral rating and raised the price target from $38 to $42 on April 19, 2024. This analyst has an accuracy rate of 76%.
- RBC Capital analyst Scott Hanold reiterated an Outperform rating with a price target of $46 on March 6, 2024. This analyst has an accuracy rate of 80%.
- Recent News: On April 16, Northern Oil and Gas issued an update regarding first quarter hedging results and stock repurchases.
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