Three Energy Stocks With High Dividend Yields: Analyst Ratings and Recent News

Wall Street's most accurate analysts have provided their views on three high-yielding energy stocks. Okeanis Eco Tankers Corp. (ECO) has a 10.96% dividend yield, with analysts Omar Nokta and Liam Burke maintaining a Buy rating and price target of $29 and $40, respectively. Vitesse Energy (VTS) has an 8.77% dividend yield, with analysts John White and Chris Baker maintaining a Buy and In-Line rating with a price target of $33 and $28, respectively. Plains All American Pipeline (PAA) has an 8.59% dividend yield, with analysts Gabriel Moreen and Jeremy Tonet maintaining an Outperform and Neutral rating with a price target of $22 and $20, respectively.

Wall Street analysts have provided their insights on three high-yielding energy stocks, each offering attractive dividend yields. This article examines the key metrics and analyst ratings for Okeanis Eco Tankers Corp. (ECO), Vitesse Energy (VTS), and Plains All American Pipeline (PAA).

Okeanis Eco Tankers Corp. (ECO)

Okeanis Eco Tankers Corp. (ECO) has a 10.96% dividend yield, according to analysts Omar Nokta and Liam Burke, who maintain a Buy rating with price targets of $29 and $40, respectively [1]. The company achieved a fleetwide Time Charter Equivalent (TCE) of $50,500 per day, with VLCCs at $49,800 and Suezmaxes at $51,400. It declared its 13th consecutive dividend distribution, amounting to $0.70 per share. The company's modern fleet, with an average age of 5.9 years, positions it competitively within the crude tanker market. However, Okeanis Eco Tankers Corp. (ECO) faces financial risks due to a high leverage of 57% on its balance sheet. Additionally, the company reported a non-cash, non-recurring write-off of $1.1 million related to previous financial modifications.

Vitesse Energy (VTS)

Vitesse Energy (VTS) offers an 8.77% dividend yield, with analysts John White and Chris Baker maintaining a Buy and In-Line rating with price targets of $33 and $28, respectively [2]. The company's strong financial foundation and solid business model make it an attractive investment. Vitesse Energy (VTS) has a diversified energy portfolio, focusing on both conventional and renewable energy sources. Its recent acquisitions and strategic investments position it well for future growth.

Plains All American Pipeline (PAA)

Plains All American Pipeline (PAA) provides an 8.59% dividend yield, with analysts Gabriel Moreen and Jeremy Tonet maintaining an Outperform and Neutral rating with price targets of $22 and $20, respectively [2]. The company's robust pipeline infrastructure and strong cash flows make it a reliable dividend payer. Plains All American Pipeline (PAA) has a history of consistent dividend increases and a solid balance sheet. However, the company faces geopolitical risks and potential regulatory challenges that could impact its operations.

Conclusion

Investors seeking high-yielding energy stocks can consider Okeanis Eco Tankers Corp. (ECO), Vitesse Energy (VTS), and Plains All American Pipeline (PAA). Each company offers attractive dividend yields and has its unique strengths and risks. Analysts provide varying ratings and price targets, reflecting their assessments of each company's prospects. Investors should conduct thorough research and consider their risk tolerance before making investment decisions.

References

[1] https://www.nasdaq.com/articles/10-reasons-buy-and-hold-high-yield-energy-stock-forever-0

[2] https://finance.yahoo.com/news/okeanis-eco-tankers-corp-eco-190039843.html