Wall Street's Most Accurate Analysts Spotlight On 3 Energy Stocks Delivering High-Dividend Yields

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

Benzinga readers can review the latest analyst takes on their favorite stocks by visiting our Analyst Stock Ratings page. Traders can sort through Benzinga's extensive database of analyst ratings, including by analyst accuracy.

Below are the ratings of the most accurate analysts for three high-yielding stocks in the energy sector.

Chesapeake Energy Corporation CHK

• Dividend Yield: 3.18%
• Wolfe Research analyst Doug Leggate reinstated an Outperform rating on July 18. This analyst has an accuracy rate of 62%.
• Benchmark analyst Subhash Chandra maintained a Buy rating and cut the price target from $107 to $93 on May 2. This analyst has an accuracy rate of 70%.
• Recent News: On July 29, Chesapeake Energy reported quarterly earnings of 1 cent per share, a 98.44% decrease from earnings of 64 cents per share from the same period last year.
• Benzinga Pro’s real-time newsfeed alerted to latest CHK news.

Murphy Oil Corporation MUR

• Dividend Yield: 3.24%
• Wolfe Research analyst Doug Leggate reinstated a Peer Perform rating on July 18. This analyst has an accuracy rate of 62%.
• Piper Sandler analyst Mark Lear maintained an Overweight rating and cut the price target from $55 to $54 on July 18. This analyst has an accuracy rate of 66%.
• Recent News: On Aug. 8, Murphy Oil reported second-quarter adjusted earnings per share of 81 cents. That's higher than the 79 cents it reported a year ago, beating the consensus of 74 cents..
• Benzinga Pro’s charting tool helped identify the trend in MUR stock.

Phillips 66 PSX

• Dividend Yield: 3.40%
• Barclays analyst Theresa Chenmaintained an Equal-Weight rating and raised the price target from $136 to $138 on Aug. 5. This analyst has an accuracy rate of 79%.
• Raymond James analyst Justin Jenkins maintained an Outperform rating and boosted the price target of $150 to $155 on July 31. This analyst has an accuracy rate of 79%.
• Recent News: Phillips 66 is planning job cuts to advance strategic priorities, Reuters reported this week.
• Benzinga Pro’s signals feature notified of a potential breakout in PSX shares.

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