Top Wall Street analysts are bullish on these dividend stocks

With the Federal Reserve now on a rate-cutting campaign, dividend stocks may soon get their moment in the spotlight.

The analyst noted that the company's cash flow from operations, excluding working capital changes, of $15.2 billion was flat on a quarter-over-quarter basis but exceeded his expectations by nearly $1.1 billion. He also highlighted that Exxon's net debt declined by $1.1 billion in the quarter, reflecting $2.3 billion of net working capital inflow.

While Kumar thinks that these acquisitions are not transformative, he remains bullish on CTRA's long-term prospects and thinks that"as the lowest-cost producer of gas, CTRA should be able to support above-peer cash generation even at lower prices or wide differentials, which complement oil-driven FCF from the Permian."

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Top Wall Street analysts like these dividend-paying stocksTipRanks’ analyst ranking service pinpoints Wall Street’s best-performing stocks, including IBM and Ares Capital.
Источник: NBCDFW - 🏆 288. / 63 Прочитайте больше »

Top Wall Street analysts are upbeat on these dividend stocksTipRanks’ analyst ranking service pinpoints Wall Street’s best-performing stocks, including Cisco and Diamondback Energy
Источник: NBCDFW - 🏆 288. / 63 Прочитайте больше »

Top Wall Street analysts are upbeat on these stocks for the long haulTipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Amazon and Uber Technologies.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »

Top Wall Street analysts are confident about the long-term potential of these 3 stocksTipRanks’ analyst ranking service pinpoints Wall Street’s best-performing stocks, including Chipotle Mexican Grill and Fiserv.
Источник: NBCDFW - 🏆 288. / 63 Прочитайте больше »