The team over at EnergyStockMovers.com has 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 and if you are looking for key information in the energy sector, visit EnergyStockMovers.com.
Below is a summary of their latest Dividend Report but for more information, click here for full story.
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).
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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).
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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).
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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).
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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).
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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).
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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).
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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).
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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).
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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.
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Sincerely,
The Editor, TopPennyStockMovers.com
