This High-Yield Dividend Stock Beat the S&P 500 in the First Half of 2024. Is It Still a Buy?

This oil and gas company's strategic acquisition makes sense and can propel the stock even higher. Acquisition fever That combination of circumstances is giving oil industry executives an incentive to acquire or invest in new assets. Many are using the cash flow and their ability to raise debt to acquire companies and buy energy assets that are attractively priced. This logic works if the price of oil stays relatively high and the acquirer can get assets that will generate significant amounts of cash to pay ...