These companies are expected to be the fastest -2-
Schlumberger Ltd. SLB $66 9.2% 15.4% 21.6% 12.3 14.0 Marathon Petroleum Corp. MPC $63 -2.9% -5.1% 2.9% 10.1 6.8 Phillips 66 PSX $60 -2.5% 8.6% 19.3% 11.0 7.3 Occidental Petroleum Corp. OXY $55 5.1% 14.2% 18.9% 15.2 11.4 Valero Energy Corp. VLO $53 -7.4% -12.2% -15.7% 10.3 6.1 Williams Cos. Inc. WMB $49 8.2% 11.9% 30.4% 21.1 15.9 ONEOK Inc. OKE $47 7.1% 9.9% 19.4% 15.7 11.2 Hess Corp. HES $47 4.3% 16.3% N/A 14.4 20.4 Kinder Morgan Inc Class P KMI $42 1.5% 4.1% 10.3% 15.7 14.6 Diamondback Energy Inc. FANG $35 24.9% 6.4% N/A 9.9 6.9 Baker Hughes Company Class A BKR $32 4.9% 19.6% -3.3% 14.1 16.6 Halliburton Company HAL $32 6.3% 14.5% 18.9% 10.1 9.2 Devon Energy Corp. DVN $30 1.7% 2.8% N/A 8.9 7.7 Targa Resources Corp. TRGP $25 11.1% 20.8% 72.1% 19.2 12.1 Coterra Energy Inc. CTRA $20 11.1% 29.3% 37.6% 11.2 9.6 EQT Corp. EQT $18 25.8% 82.6% 153.6% 17.3 10.5 Marathon Oil Corp. MRO $14 1.2% 7.8% 25.8% 8.5 7.5 APA Corp. APA $11 0.4% 3.0% -12.7% 6.5 6.1 Source: FactSet
Consensus 2026 free-cash-flow estimates aren't available yet for three of the companies. For Hess, FCF per share is expected to increase 34% in 2025 from the expected 2024 level, if the acquisition by Chevron isn't completed.
For Diamondback Energy Inc. (FANG), analysts expect FCF per share to decline by 39% in 2025. The company in February agreed to acquire Endeavor Energy Resources LP for about $26 billion, mostly in stock. The expected increase in the share count will lower FCF per share.
For Devon Energy Corp., (DVN) analysts expect FCF to increase 19% in 2025.
Now here is the list again in the same order, with forward dividend yields, P/E ratios and a summary of analysts' opinions:
Kinder Morgan Inc. Class P Ticker Dividend Yield Share "buy" ratings May 24 price Consensus price target Implied 12-month upside potential Exxon Mobil Corp. XOM 3.35% 57% $113.42 $132.91 15% Chevron Corp. CVX 4.13% 68% $157.75 $183.99 14% ConocoPhillips COP 1.98% 73% $117.25 $144.22 19% EOG Resources Inc. EOG 2.95% 50% $123.27 $146.38 16% Schlumberger Ltd. SLB 2.38% 94% $46.24 $66.36 30% Marathon Petroleum Corp. MPC 1.86% 70% $177.80 $212.50 16% Phillips 66 PSX 3.22% 60% $142.68 $165.06 14% Occidental Petroleum Corp. OXY 1.42% 32% $61.95 $72.58 15% Valero Energy Corp. VLO 2.64% 67% $162.42 $184.24 12% Williams Cos. Inc. WMB 4.73% 38% $40.13 $40.50 1% ONEOK Inc. OKE 4.90% 45% $80.85 $85.02 5% Hess Corp. HES 1.16% 31% $151.39 $177.75 15% Kinder Morgan Inc Class P KMI 6.03% 33% $19.07 $20.48 7% Diamondback Energy Inc. FANG 1.86% 79% $193.46 $225.96 14% Baker Hughes Company Class A BKR 2.59% 79% $32.37 $40.85 21% Halliburton Company HAL 1.88% 86% $36.11 $48.08 25% Devon Energy Corp. DVN 4.26% 67% $48.15 $58.87 18% Targa Resources Corp. TRGP 2.63% 88% $114.28 $126.83 10% Coterra Energy Inc. CTRA 2.95% 67% $27.13 $34.10 20% EQT Corp. EQT 1.57% 58% $40.15 $44.23 9% Marathon Oil Corp. MRO 1.68% 69% $25.56 $34.15 25% APA Corp. APA 3.41% 42% $29.36 $40.09 27% Source: FactSet
Click the tickers for more about each company.
Click here for Tomi Kilgore's detailed guide to the wealth of information available for free on the MarketWatch quote page
The dividend yields are trailing, and some of the payouts are variable. Be sure to do your own research to form your own opinion about a company's long-term viability before buying any individual security.
-Philip van Doorn
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
06-01-24 0659ET
Copyright (c) 2024 Dow Jones & Company, Inc.-
September Jobs Report Forecasts Show Moderate Hiring Gains
-
Port Strike a Headache for Shippers but a Potential Tailwind for Certain US Transport Stocks
-
13 Charts on Q3′s Roller-Coaster Rally for Stocks and Bonds
-
5 Stocks to Buy Instead of Overpriced US Equities
-
Q4 Stock Market Outlook: Where We See Opportunities for Investors
-
Markets Brief: Non-Farm Payrolls in the Spotlight Again
-
6 Top-Performing Large-Growth Funds
-
What’s the Difference Between the CPI and PCE Indexes?
-
10 Top-Performing Dividend Stocks of Q3 2024
-
33 Undervalued Stocks
-
Communication Services: Cable’s Broadband Dominance Isn’t as Strong as It Once Was
-
Technology: Strength Continues, With Software Presenting the Best Buying Opportunities
-
Best- and Worst-Performing Stocks of Q3 2024
-
Top Stocks to Own From the Best Fund Managers
-
2 Cheap Stocks Top Managers Have Been Buying
-
The 10 Best Companies to Invest in Now