PXI Overview

Dividend Announcement: Invesco DWA Energy Momentum ETF (NASDAQ: PXI) has declared a dividend of $0.1850, payable on December 27 for shareholders recorded by December 23, with an ex-dividend date also on December 23.

Performance Rating: Seeking Alpha provides a Quant Rating for the Invesco DWA Energy Momentum ETF, along with a dividend scorecard for the fund.

Analyst Downgrade: Goldman Sachs analyst Ati Modak downgraded Weatherford International plc (WFRD) to Neutral, lowering the target price from $132 to $98 due to less compelling international exposure in the current environment, despite WFRD's solid execution and growth potential from innovations like Managed Pressure Drilling.

Earnings and Shareholder Returns: The analyst projects a total return potential of 4% for WFRD over the next year, with expectations of debt reduction adding value per share; however, EBITDA estimates for 2025/2026 have been lowered by 3%-8%, reflecting adjusted activity expectations.