3 High-Yield Energy Stocks That Are Gushing Gobs of Free Cash Flow
Since the oil and gas crash of 2014 and 2015, free cash flow (FCF) has been the name of the game across the energy sector. By focusing on FCF, an investor can stress-test an oil and gas company to see if it is just bringing in cash when times are good or if it can also earn positive FCF even when oil and gas prices are relatively low.
ConocoPhillips (NYSE: COP), Devon Energy (NYSE: DVN), and Hess Midstream LP (NYSE: HESM) are three energy stocks that are generating large amounts of FCF to support sizable dividends. Here's what makes each company worth a look.
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Source Fool.com
Hess Corp. Stock
€134.00
0.840%
Based on 12 Buy predictions and 13 Sell predictions the sentiment towards Hess Corp. is rather balanced.
On the other hand, the target price of 162 € is above the current price of 134.0 € for Hess Corp., so the potential is actually 20.9%.
