Energy Dividend Stocks Encounter Fresh Challenges with Venezuela's Return to Oil Major Operations
Written by Emily J. Thompson, Senior Investment Analyst
Source: Barron's
- Energy Stocks Rally: Energy stocks have seen an increase following the ousting of Venezuelan President Nicolás Maduro.
- Impact on Dividend Investors: The situation presents a mixed blessing for yield-focused dividend investors, indicating potential risks and rewards.
Analyst Views on XLE
Wall Street analysts forecast XLE stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for XLE is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 48.750
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Current: 48.750
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
