Five potential takeover targets in the oil -2-

Here are the 10 oil companies in the S&P Composite 1500 with the highest forward free-cash-flow yields, based on consensus estimates among analysts polled by FactSet:

   Company                           Ticker   Forward FCF yield  Trailing FCF yield  Dividend yield  Price/ book value 
   Civitas Resources Inc.             CIVI               20.52%              15.27%          10.34%               1.22 
   Valero Energy Corp.                VLO                18.10%              24.96%           3.23%               1.66 
   Vital Energy Inc.                  VTLE               17.97%             -47.05%           0.00%               0.64 
   Marathon Petroleum Corp.           MPC                17.61%              25.61%           2.19%               2.25 
   Murphy Oil Corp.                   MUR                15.40%               8.09%           2.40%               1.33 
   Permian Resources Corp. Class A     PR                13.14%               8.15%           1.35%               1.43 
   Marathon Oil Corp.                 MRO                12.53%              12.91%           1.49%               1.44 
   Phillips 66                        PSX                12.37%              13.58%           3.60%               1.67 
   Liberty Energy Inc. Class A        LBRT               11.30%              10.44%           1.38%               1.91 
   APA Corp.                          APA                11.14%              13.63%           2.50%              17.32 
                                                                                                       Source: FactSet 

Among the five potential Permian takeout targets named by Wong, Vital Energy and Permian Resources made this last list.

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11-06-23 1408ET

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