Investors seeking stable income in the face of economic uncertainty can consider adding dividend-paying stocks to their portfolios. Wall Street’s top analysts have highlighted three such stocks, Vitesse Energy (VTS), Viper Energy (VNOM), and ConocoPhillips (COP). Here’s a brief overview of each stock and its analyst recommendations.
Vitesse Energy (VTS) is a unique energy company with significant oil and gas interests. The company recently completed the acquisition of Lucero Energy, which is expected to increase dividends and provide additional liquidity. Analyst Lloyd Byrne has reiterated a buy rating on VTS stock with a price target of $33, citing the deal’s accretive nature and its potential for long-term growth.
Viper Energy (VNOM) is an oil and gas company that owns mineral and royalty interests in the Permian Basin. The company recently announced a base cash dividend of 30 cents per share and a variable cash dividend of 35 cents per share, representing 75% of its distributable cash flow. Analyst Arun Jayaram has also reiterated a buy rating on VNOM stock with a price target of $51, citing the company’s attractive total return proposition.
ConocoPhillips (COP) is an exploration and production company that has been one of the best performers in the industry since its 2016 strategy reset. Analyst Arun Jayaram has reaffirmed a buy rating on COP stock with a price target of $115, citing the company’s counter-cyclical transactions and enhanced balance sheet.
All three stocks have received positive ratings from Wall Street analysts, with average returns ranging from 8.3% for Viper Energy to 20.1% for Lloyd Byrne’s top-ranked recommendations. While there are uncertainties in the market, these dividend-paying stocks offer a relatively stable source of income during turbulent times.
Source: https://www.cnbc.com/2025/03/23/top-analysts-are-upbeat-on-these-3-dividend-stocks-for-stable-income.html