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."

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