Revenues are expected to be $2.18 billion, up 13.5% from the year-ago quarter. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on August 5. On the other hand, if they miss, the stock may move lower. This energy exploration and production company is expected to post quarterly earnings of $4.46 per share in its upcoming report, which represents a year-over-year change of +21.2%. The consensus EPS estimate for the quarter has b ...

Investors seeking solid dividend payers can rely on top-ranked Wall Street analysts, who make recommendations after thoroughly analyzing a company's ability to generate solid financials and deliver strong returns. Western Midstream Partners It is worth noting that for Q1 2024, WES increased its base distribution by 52% compared to the prior quarter to $0.8750 per unit. WES offers a high dividend yield of 8.8%. Moreen thinks that there is scope for further moderate distribution hikes by WES over his forecast ...

The latest trading session saw Diamondback Energy (FANG) ending at $198.83, denoting a +0.24% adjustment from its last day's close. The stock's change was more than the S&P 500's daily loss of 2.32%. Elsewhere, the Dow saw a downswing of 1.25%, while the tech-heavy Nasdaq depreciated by 3.64%. Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes the ...

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Funtay On a full-year basis, the company has set CapEx guidance at $2.30 to $2.55 billion. As we can see below, that's the case: In my last article, I wrote that the company would likely return to a 75% payout in the first half of 2025, as analysts expect net debt to fall to $8.3 billion at the end o 2015. Current estimates are $8.6 billion, which is $1.4 billion below the company's $10 billion target. Hence, at $80 WTI, the total payout yield could be 6.6% next year. · At $90 WTI, the company is capable of ...

This oil and gas company's strategic acquisition makes sense and can propel the stock even higher. Acquisition fever That combination of circumstances is giving oil industry executives an incentive to acquire or invest in new assets. Many are using the cash flow and their ability to raise debt to acquire companies and buy energy assets that are attractively priced. This logic works if the price of oil stays relatively high and the acquirer can get assets that will generate significant amounts of cash to pay ...

Everyone's definition of cash-cow stocks is different. I consider cash-cow stocks to be companies whose free cash flow (FCF) is considerably higher than the capital expenditures required to keep the business running efficiently. FCF generators with high FCF yields, defined as free cash flow divided by enterprise value, are even better. I look for those with FCF yields above 8%, although they're not that common given today's inflated share prices. Diamondback Energy (FANG) Although Diamondback Energy (NASDAQ ...

Investors will be eagerly watching for the performance of Diamondback Energy in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on August 5, 2024. The company is forecasted to report an EPS of $4.81, showcasing a 30.71% upward movement from the corresponding quarter of the prior year. Simultaneously, our latest consensus estimate expects the revenue to be $2.25 billion, showing a 17.09% escalation compared to the year-ago quarter. Our research shows that these estimate ...

While people talk a big game about renewable energy infrastructure, you can't cheat physical laws. Hydrocarbons will always command greater energy density than wind or solar infrastructures. As such, it's impossible to ignore oil and gas stocks, especially when you're talking about current events. In the TTM period, Matador posted net income of $876.67 million or $7.30 per share. Revenue in the cycle reached $2.83 billion. For fiscal 2024, analysts anticipate a lift of 15.4% to $7.81. On the top line, reven ...

MIDLAND, Texas, June 24, 2024 (GLOBE NEWSWIRE) -- Viper Energy, Inc. (NASDAQ:VNOM) ("Viper"), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG) ("Diamondback"), today announced that it plans to release second quarter 2024 financial results on August 5, 2024 after the market closes. In connection with the earnings release, Viper will host a conference call and webcast for investors and analysts to discuss its results for the second quarter of 2024 on Tuesday, August 6, 2024 at 10:00 a.m. CT. Access to t ...