Bear Market Buys: 3 Buy-Rated Energy Stocks Resilient to the Core!

This fiscal year has seen a number of disappointments, and there are ever-growing concerns on a global scale. While its cases reached a record high, protests in China continued to grow over the weekend, depressing local markets and creating doubts about Beijing’s pledge to relax its policies.

China is a significant contributor to the global economy, and as investors struggle to understand what is happening and guess what the future may contain, markets have mostly been down. From here, volatility may, unfortunately, increase. OPEC+ (Organization of the Petroleum Exporting Countries and Allies) is anticipated to discuss lowering output objectives to stabilize prices. Despite this, there are indeed energy companies that are still considered safe to buy. The modern world does rely on energy, after all. 

I’ve landed on three exciting energy stocks with excellent balance sheets, high growth numbers, attractive yields, and market resilience during turbulent times (which only indicates success). Analysts agree on getting a piece of these tough tickers:

Devon Energy Corp (DVN)

Devon Energy Corporation (DVN) is an independent energy company that primarily explores, develops, and produces oil, natural gas, and natural gas liquids (NGLs) in the United States. DVN was established in 1971 and is based in Oklahoma City, Oklahoma.

DVN has become rather prominent, as many eyes are on the energy sector stage. Make no mistake, though; DVN doesn’t scare easily. Despite losses, its stock is up 51.06% year-to-date, with a current P/E ratio of 7.00. For Q3 2022, DVN continued its streak of beating analysts’ revenue and EPS projections; EPS and Revenue were bested by margins of 2.28% and 13.47%, respectively. Analysts expected DVN to report $4.79 billion in revenue, but it surprised with $5.43 billionDVN has a dividend yield of 7.77%, with a quarterly payout of $1.29 per share ($5.16 annually). Analysts who offer 12-month price projections have given DVN consensus median price target of 80.00, with a high of 103.00 and a low of 65.00. This shows a 20.23% increase from current pricing, and DVN has a rock-solid buy rating.



Berry Corporation (BRY)

Berry Corporation (BRY) is an independent upstream energy business that develops and produces conventional oil deposits in the western U.S. BRY’s holdings are in California’s San Joaquin and Ventura basins and Utah’s Uinta basin. BRY was recorded as having 3,417 producing wells as of December 31st, 2021. Originally “Berry Petroleum Corporation,” BRY was renamed Berry Corporation in February 2020. BRY was established in 1909 and is based in Dallas, Texas.

BRY is one that was under the radar for me. I’d heard the name but didn’t realize — until doing a deep dive — what an opportunity its stock could provide for investors. Unlike DVNBRY modestly deals in figures of millions– well, it’s hundreds of millions, and from where I’m standing, it’s well-earned. To try something new, let’s quickly look at last quarter’s sales/earnings numbers along with its year-over-year growth: BRY reported $376.45 million in revenue (+167.49%), a net income of $191.6 million (+1,848.56%), EPS growth of +1,850%, and a net profit margin of 50.91%, representing +642.13% growthBRY’s current quarter shows an estimated $213 million at 36 cents per shareBRY has a current dividend yield of 2.76%, with a quarterly payout of 41 cents per share, or $1.64 annually. With a 3.85x P/E ratioBRY crushed the latest revenue projections by 76.42%. According to analysts who offer yearly estimates on stock prices, BRY has a consensus median price target of 10.50, with a high of 14.00 and a low of 8.00. This implied 20.83% increase only strengthens BRY’s buy rating.



NextEra Energy Inc (NEE)

NextEra Energy, Inc (NEE) is an American energy corporation with an enormous producing capacity. NEE’s principal subsidiary, NextEra Energy Services, provides rate-regulated power to tens of millions of customers, and is one of the largest electric utility businesses in the U.S. NEE, together with its affiliated businesses, is also one of the world’s significant generators of wind and solar energy, and is currently considered among the leaders in renewable energy. In addition to wind and solar, NEE owns and operates power facilities fuelled by natural gas, nuclear energy, and oil. NEE, founded in 1984, is headquartered in Juno Beach, Florida.

NEE has undoubtedly built a reputation for itself, and that’s not based solely on its success in the energy industry but most recently due to its remarkable resilience. I have plenty of notes here on NEE– let me tune it to what’s essential. First, NEE shares have risen more than 140% over the previous five years, considerably outperforming the S&P 500. I’ll do what I did with BRY by laying out its latest income figures and year-over-year growth together. After beating analysts’ projections for the first two quarters, NEE’s Q3 showed: $6.72 billion in revenue (+53.75%), $1.7 billion in net income (+279.42%), EPS growth of 273.91%, and a net profit margin of 25.24% (representing +146.73% growth). NEE currently has a dividend yield of 2.03%, with a payout of 42 cents per share quarterly, or $1.62 annually. The analysts who provide annual price projections give NEE a consensus median price target of 94.50, with a high of 102.80 and a low of 75.00. This represents a 12.84% increase over its last price, and there are many ways to justify giving NEE’s buy rating a shot.

Read Next –  Bloomberg: This tiny company’s tech could “solve the energy crisis.” 

It’s time for you to take part in the greatest energy revolution of our lifetime.

It’s projected to be 10X bigger than the electric vehicle revolution…

Which turned an early $500 investment in Tesla into $207,000. 

And it will be bigger than the solar power revolution…

Which would have turned a $2,500 investment in Enphase Energy into over $1 million.

This is the gretaest energy investing opportunity of our lifetimes. 

And the best part is…

According to Bloomberg, President Biden has “almost guaranteed” that investors will have a shot at making a fortune from this brand new type of energy. 

Because it holds the key to “solving the energy crisis” in America. 

And Biden has authorized $80 billion be spent immediately to bring this new type of energy to market ASAP. 

And for the small company at the center of this energy revolution, their share price is about to go through the roof. 

A small $500 stake could potentially turn into $234,000. 

Those billions of federal funding are set to be dispensed every minute…

And when that happens, this stock is expected to rocket to the moon. 

So, you need to see the details about this opportunity right now. 



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