Wall Street’s most accurate analysts weigh in on three energy stocks with over 7% dividend yields

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During periods of turbulence and uncertainty in the markets, many investors turn to dividend-producing stocks. These are often companies that have high free cash flow and reward shareholders with a large dividend payout.

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Below are the most accurate analyst ratings for three high-yielding energy stocks.

Nordic American Tankers Limited (NYSE:NAT)

Dividend yield: 13.48%

Jefferies analyst Omar Nokta maintained a Buy rating and cut his price target from $5.5 to $5 on May 29. This analyst has an accuracy rate of 76%.

Evercore ISI Group analyst Jonathan Chappell maintained an In-Line rating and cut his price target from $5 to $4.5 on February 29. This analyst has an accuracy rate of 74%.

Recent News: On May 29, Nordic American Tankers reported first-quarter 2024 net voyage revenue of $60.572 million, missing consensus of $76.562 million.

Benzinga Pro’s real-time news feed has been alerted to the latest NAT news.

Vitesse Energy, Inc. (NYSE:VTS)

Dividend yield: 8.58%

Alliance Global Partners analyst Jeff Grampp maintained a Buy rating and cut his price target from $28 to $26 on August 7. This analyst has an accuracy rate of 60%.

Roth MKM analyst John White initiated coverage on the stock with a Buy rating and a price target of $30.5 on October 16, 2023. This analyst has an accuracy rate of 69%.

Recent news: On August 5, Vitesse Energy posted weak quarterly earnings.

Benzinga Pro’s charting tool helped identify the trend in VTS stocks.

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Chord Energy Corporation (NASDAQ:CHRD)

Dividend yield: 7.58%

Piper Sandler analyst Mark Lear maintained an overweight rating and cut his price target from $234 to $206 on August 15. This analyst has an accuracy rate of 65%.

Wolfe Research analyst Doug Leggate reinstated a Peer Perform rating on July 18. This analyst has an accuracy rate of 66%.

Recent news: On August 7, Chord Energy posted weak quarterly earnings.

Benzinga Pro’s signals feature announced a potential breakout in CHRD stock.

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