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Wall Street's Most Accurate Analysts Give Their Take On 3 Energy Stocks With Over 4% Dividend Yields
Benzingaยท 2025-11-26 14:01
Core Insights - Investors are increasingly turning to dividend-yielding stocks during market turbulence, as these companies typically have high free cash flows and offer substantial dividend payouts [1] Group 1: Analyst Ratings and Price Targets - ONEOK Inc (NYSE:OKE) has a dividend yield of 5.81%. Citigroup analyst Spiro Dounis maintained a Buy rating but reduced the price target from $102 to $95, with an accuracy rate of 74%. TD Cowen analyst Jason Gabelman maintained a Hold rating and lowered the price target from $78 to $76, with an accuracy rate of 61% [7] - Patterson-UTI Energy Inc (NASDAQ:PTEN) has a dividend yield of 5.60%. Susquehanna analyst Charles Minervino maintained a Positive rating and cut the price target from $8 to $7, with an accuracy rate of 66%. Barclays analyst David Anderson maintained an Overweight rating and also reduced the price target from $8 to $7, with an accuracy rate of 66% [7] - Chevron Corp (NYSE:CVX) has a dividend yield of 4.61%. Piper Sandler analyst Ryan Todd maintained an Overweight rating and slightly reduced the price target from $169 to $168, with an accuracy rate of 67%. Morgan Stanley analyst Devin McDermott maintained an Overweight rating and increased the price target from $177 to $180, with an accuracy rate of 76% [7] Group 2: Recent Company News - ONEOK reported positive quarterly results on October 28, which was highlighted by Benzinga Pro's real-time newsfeed [7] - Patterson-UTI Energy also posted upbeat quarterly results on October 22, as reported by Benzinga Pro's real-time newsfeed [7] - Chevron unveiled its 2030 roadmap during its investor day on November 12, focusing on steady cash flow growth, portfolio enhancement, AI data center power solutions, and increased shareholder returns [7]