Prediction: These 3 High-Yield Oil Companies Just Secretly Moved to Secure Their Dividends
It's no secret that the market has lost interest in oil stocks over the past year. Indeed, all three stocks covered here -- namely, Devon Energy (DVN -0.69%), Diamondback Energy (FANG -0.78%), and Vitesse Energy (VTS -1.70%) -- have declined over the last year. As such, they now trade with excellent dividend yields or attractive price-to-free cash flow (FCF) multiples.Moreover, I think there's a strong possibility that all three companies have recently moved to reduce risk and secure their dividends. Here's ...