Core Viewpoint - Federal Reserve Chair Jerome Powell hinted at potential interest rate cuts due to labor market weakness, suggesting investors consider adding dividend stocks for stable income [1] Group 1: EOG Resources - EOG Resources is a crude oil and natural gas exploration and production company, recently acquiring Encino Acquisition Partners for $5.6 billion, which is expected to enhance its free cash flow and shareholder returns [3][4] - EOG raised its quarterly dividend by 5% to $1.02 per share, resulting in an annualized dividend of $4.08 per share and a yield of 3.8% [4] - RBC Capital analyst Scott Hanold reiterated a buy rating on EOG, raising the price target from $140 to $145, while TipRanks' AI Analyst has an "outperform" rating with a price target of $133 [4][6] - Hanold updated his earnings per share (EPS) estimates for 2025 and 2026 to $10.07 and $9.46, respectively, reflecting higher oil price expectations [5] - Hanold believes EOG will outperform its peers due to its technological edge, strong balance sheet, and capital efficiency [6] Group 2: Coterra Energy - Coterra Energy, focused on exploration and production in the Permian Basin, Marcellus Shale, and Anadarko Basin, paid a quarterly dividend of 22 cents per share, yielding 3.4% [7] - Analyst Gabriele Sorbara reiterated a buy rating on Coterra but lowered the price target from $35 to $32, while TipRanks' AI Analyst has a "neutral" rating with a price target of $26 [8] - Sorbara expects Q3 oil production to exceed expectations but anticipates EBITDA and free cash flow may lag due to gas pricing issues [10] - Sorbara maintains a buy rating on Coterra, citing attractive valuation and potential for strong capital returns [11] Group 3: AT&T - AT&T declared a quarterly dividend of 27.75 cents per share, with an annualized dividend of $1.11 per share, yielding 4.3% [13] - Citigroup analyst Michael Rollins reiterated a buy rating on AT&T with a price target of $32, expecting strong Q3 performance across strategic products [14][15] - Rollins forecasts 300,000 postpaid phone net additions and 2.5% year-over-year growth in wireless service revenue for Q3 [15] - The analyst also estimates 286,000 fiber net additions and 210,000 net additions for fixed wireless access in Q3 [16] - Rollins believes AT&T's broadband opportunity is an under-appreciated aspect of its financial growth prospects [17]