These 3 Energy Stocks Delivering High-Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts

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. Here's a look at the most recent high-yield dividend stock ratings from the most accurate Wall Street analysts, according to Benzinga's Analyst Stock Ratings.

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

Nordic American Tankers Limited NAT

• Dividend Yield: 16.26%
• Jefferies analyst Omar Nokta reiterated a Buy rating with a price target of $5 on May 22, 2023. This analyst has an accuracy rate of 67%.
• B. Riley Securities analyst Liam Burke maintained a Buy rating and raised the price target from $5 to $5.5 on Feb. 28, 2023. This analyst has an accuracy rate of 67%.
• Recent News: Nordic American Tankers reported better-than-expected first-quarter financial results.

Devon Energy Corporation DVN

• Dividend Yield: 7.42%
• Bernstein analyst Bob Brackett maintained an Outperform rating and cut the price target from $71 to $64 on May 17, 2023. This analyst has an accuracy rate of 70%.
• Raymond James analyst John Freeman maintained a Strong Buy rating and raised the price target from $67 to $70 on April 21, 2023. This analyst has an accuracy rate of 82%.
• Recent News: Devon reported first-quarter revenue of $3.82 billion, which missed consensus estimates of $3.94 billion.

ONEOK, Inc. OKE

• Dividend Yield: 6.50%
• Raymond James analyst Justin Jenkins maintained an Outperform rating and raised the price target from $72 to $75 on April 21, 2023. This analyst has an accuracy rate of 77%.
• UBS analyst Shneur Gershuni maintained a Buy rating and increased the price target from $81 to $82 on April 6, 2023. This analyst has an accuracy rate of 80%.
• Recent News: ONEOK announced it will acquire Magellan Midstream Partners in a transaction valued at $18.8 billion.

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