High Yield Income Portfolio Update - Mar 31
Posted: Fri Mar 31, 2023 11:04 am
I have updated all five of the upstream company forecasts (CTRA, DVN, FANG, PDCE, PXD) and you can download them directly from the EPG website home page or you can find them under the High Yield Tab.
They are all large-caps that I have followed for more than ten years.
> They all have rock solid balance sheets with no near-term debt issues.
> They all generate a lot of free cash flow from operations.
> They all pay "Fixed + Variable" dividends. You can find my estimated dividends for 2023 at the bottom of each forecast.
Coterra Energy (CTRA) is the only "gasser" in this group, so its dividends will be down the most this year. The other four should maintain their dividends close to what they paid out last year. Based on my forecasts, PXD should generate the highest dividend yield this year, over 10%.
Next on today's long To Do List are the forecasts for the four minerals companies (BSM, KRP, STR, VNOM)
They are all large-caps that I have followed for more than ten years.
> They all have rock solid balance sheets with no near-term debt issues.
> They all generate a lot of free cash flow from operations.
> They all pay "Fixed + Variable" dividends. You can find my estimated dividends for 2023 at the bottom of each forecast.
Coterra Energy (CTRA) is the only "gasser" in this group, so its dividends will be down the most this year. The other four should maintain their dividends close to what they paid out last year. Based on my forecasts, PXD should generate the highest dividend yield this year, over 10%.
Next on today's long To Do List are the forecasts for the four minerals companies (BSM, KRP, STR, VNOM)