Seaport Global Initiates Coverage On Chord Energy with Neutral Rating
Seaport Global analyst Vin Lovaglio initiates coverage on Chord Energy (NASDAQ:CHRD) with a Neutral rating.
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Seaport Global analyst Vin Lovaglio initiates coverage on Chord Energy (NASDAQ:CHRD) with a Neutral rating.
Hess Midstream LP (HESM) is highlighted as an attractive midstream energy investment opportunity, offering a 7.7% dividend yield with quarterly increases over nine years. The company operates oil, gas, and produced water handling assets in North Dakota's Bakken and Three Forks Shale plays. Its corporate structure was restructured in 2019 to simplify tax treatment for investors.
Hess Midstream LP (HESM), a pipeline company processing natural gas from North Dakota's Bakken and Three Forks Shale regions, has quietly maintained a strong dividend yield of 7.8% with consistent quarterly increases over nine years. The company has also engaged in share buybacks and has benefited from geopolitical tensions, with energy sector tailwinds boosting related stocks.
BMO Capital analyst Phillip Jungwirth maintains Chevron (NYSE:CVX) with a Outperform and raises the price target from $210 to $235.