This Occidental Petroleum Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Thursday
Analysts initiated coverage: Neutral COP; Buy TLSA ($7), OXY ($73), NRSN ($8); Sell SM ($35).
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Oil prices and energy stocks rise as traders reassess supply disruptions and tensions in the Strait of Hormuz.
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Analysts initiated coverage: Neutral COP; Buy TLSA ($7), OXY ($73), NRSN ($8); Sell SM ($35).
Seaport Global analyst Vin Lovaglio initiates coverage on ConocoPhillips (NYSE:COP) with a Neutral rating.
Trump suggests renaming Strait of Hormuz as Russia reportedly aids Iran’s missile program, while oil producers profit from price gains.
The Middle East conflict is creating an unusual earnings windfall for oil producers far from the battlefield, as Strait of Hormuz disruptions push crude prices higher — and in some cases let producers command outright
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.