Chord Energy, Williams and EOG Set Dividends Ahead of Results

Chord Energy, Williams and EOG Resources have declared or scheduled dividend payments as analysts project third-quarter production, earnings and cash generation for the three energy companies. Chord declared a base cash dividend of $1.30 per share, payable Sept. 4 to shareholders of record Aug. 20. The company guided for third-quarter total volume of 277,700 to 284,000 barrels of oil equivalent per day and capital spending of $360 million to $390 million. Scott Hanold, an RBC Capital analyst, set a $175 price target for Chord and maintained a buy rating.

Source: TokenPost