Coterra Energy upgraded, Northern Oil and Berry Corp. cut at Piper Sandler (NYSE:CTRA) seekingalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seekingalpha.com Daily Mail and Mail on Sunday newspapers.
Northern Oil & Gas landed some of its biggest transactions to date in recent months, including several in the Permian Basin. In a Hart Energy exclusive interview, NOG CEO Nick O’Grady and President Adam Dirlam said they see a long runway for the E&P’s non-operated M&A strategy.
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.
Investors will also be looking to the Reserve Bank of Australia's monetary policy statement, which will detail its rationale after it unexpectedly held rates on Tuesday.