華爾街非常看好的兩股能源股

能源股雖然波動較大，但可以提供成長、收入和多元化機會的良好平衡。許多能源公司都有持續派息的悠久歷史。

Energy stocks can provide a good balance of growth, income, and diversification opportunities. Many energy companies have a long history of consistent dividend payouts, which makes them appealing to income-oriented investors. Furthermore, energy is a necessary component of economic activity, ensuring long-term demand and making energy companies attractive growth stocks. Here are two such energy stocks that Wall Street is very bullish on.

能源股可以提供成長、收入和多元化機會的良好平衡。許多能源公司有著長期持續派息的歷史，這使得它們對以收入為導向的投資者俱有吸引力。此外，能源是經濟活動的必要組成部分，可確保長期需求並使能源公司成為有吸引力的成長股。以下是華爾街非常看好的兩隻這類能源股。

#1. Frontline (NYSE:FRO)

#1.前線（NYSE：FRO）

Frontline is a shipping company that focuses on the transportation of crude oil (CLF25) and refined petroleum products. Frontline's fleet and operational scale position it as a key player in global energy logistics, facilitating the transportation of essential commodities across oceans.

Frontline 是一家專注於原油（CLF25）和精煉石油產品運輸的航運公司。 Frontline 的船隊和營運規模使其成為全球能源物流的關鍵參與者，促進重要商品的跨洋運輸。

So far this year, Frontline stock has declined by 9.5%, compared to the S&P 500 Index’s (SPX) gain of 26%.

今年到目前為止，Frontline 股票已下跌 9.5%，而標普 500 指數 (SPX) 的漲幅為 26%。

Frontline maintains a fleet of vessels that includes Very Large Crude Carriers (VLCCs), Suezmax tankers, and Aframax tankers. These ships are designed to transport crude oil efficiently over long distances. The company's revenue is primarily derived from spot market earnings (revenue from voyages booked on a per-trip basis) and time-charter contracts (contracts under which vessels are leased out for a set period). While spot earnings are volatile and heavily reliant on supply-demand dynamics in the shipping market, time-charter contracts provide a more consistent income.

Frontline 擁有一支船隊，其中包括超大型原油運輸船 (VLCC)、蘇伊士型油輪和阿芙拉型油輪。這些船舶旨在長距離高效運輸原油。該公司的收入主要來自現貨市場收入（按每次預訂的航次獲得的收入）和定期租船合約（在規定期限內出租船舶的合約）。雖然現貨收入波動很大，並且嚴重依賴航運市場的供需動態，但期租合約提供了更穩定的收入。

In the second quarter, total revenue of $556 million increased 8.4% year-over-year. Adjusted earnings per share fell to $0.62, from $0.94 in Q2 2023. Management stated that seasonality has a significant impact on the tanker markets and that the summer is the company's slowest period.

第二季總營收為5.56億美元，年增8.4%。調整後每股收益從 2023 年第二季的 0.94 美元降至 0.62 美元。

The company freed up capital in the second and third quarters to pay off its total debt of $670 million. It also refinanced 10 Suezmax tankers through a sale-and-leaseback agreement, which is expected to generate $101 million in net proceeds. This will allow the company to repay the remaining $75 million under the $275 million senior unsecured revolving credit facility.

該公司在第二季和第三季釋放了資本，以償還 6.7 億美元的總債務。它還透過售後回租協議為 10 艘蘇伊士型油輪提供再融資，預計將產生 1.01 億美元的淨收益。這將使該公司能夠償還 2.75 億美元高級無擔保循環信貸額度下剩餘的 7,500 萬美元。

Frontline is a dividend stock, paying an attractive 13% yield. However, its high payout ratio of 81.1% raises concerns about the dividend's sustainability.

Frontline 是一檔股息股票，殖利率高達 13%，極具吸引力。然而，其81.1%的高股息率引發了人們對股息可持續性的擔憂。

Frontline will release its third-quarter earnings results on Nov. 27 after the market closes. Analysts expect the company to report $317.6 million in revenue and a profit of $0.38 per share, up from $0.36 in the year-ago quarter.

Frontline 將於 11 月 27 日收盤後發布第三季財報。分析師預計該公司將實現營收 3.176 億美元，每股利潤 0.38 美元，高於去年同期的 0.36 美元。

Analysts predict 25% revenue growth in 2024, but earnings may fall by 9.9%. In 2025, however, revenue and earnings are expected to rise by 14.8% and 26.4%, respectively. Frontline, valued at two times forward sales, is an affordable energy dividend stock to buy right now. However, as with all energy stocks, Frontline is risky.

分析師預測 2024 年營收成長 25%，但獲利可能下降 9.9%。然而，到2025年，營收和利潤預計將分別成長14.8%和26.4%。 Frontline 的估值是遠期銷售額的兩倍，是現在可以購買的負擔得起的能源股利股票。然而，與所有能源股一樣，Frontline 也存在風險。

Emerging markets, particularly in Asia, are fueling global oil demand. This trend contributes to long-term demand for crude oil transportation. For investors who can tolerate volatility, Frontline provides a unique opportunity to participate in the ever-changing energy and shipping sectors.

新興市場，特別是亞洲的新興市場，正在刺激全球石油需求。這一趨勢有助於原油運輸的長期需求。對於能夠容忍波動的投資者來說，Frontline 提供了參與不斷變化的能源和航運行業的獨特機會。

Overall, FRO stock is a “strong buy” on Wall Street, according to all five analysts in coverage. Based on its average target price of $31.18, the stock has an upside potential of 72.6% from current levels. Its high target price of $37 implies a 104.7% potential increase over the next 12 months.

總體而言，根據所有五位分析師的說法，FRO 股票在華爾街是「強力買進」的股票。基於 31.18 美元的平均目標價，該股較目前水準有 72.6% 的上漲潛力。其 37 美元的高目標價意味著未來 12 個月的潛在漲幅為 104.7%。

#2. Civitas Resources (NYSE:CIVI)

#2.城市資源（NYSE：CIVI）

Civitas Resources is a domestic oil and natural gas producer operating in the Denver-Julesburg (DJ) and Permian basins. Civitas stock has dipped 25.8% year-to-date, compared to the broader market's gain.

Civitas Resources 是一家國內石油和天然氣生產商，在丹佛-朱爾斯堡 (DJ) 和二疊紀盆地運營。與大盤漲幅相比，Civitas 股價今年迄今下跌 25.8%。

Civitas generates a mix of oil, natural gas (NGZ24), and natural gas liquids (NGLs), ensuring a diverse revenue stream. In the third quarter, crude oil accounted for 87% of total revenue. The company generated $1.27 billion in total operating revenue, a 23.3% increase year-over-year. Diluted earnings also increased by 93% to $3.01 per share.

Civitas 生產石油、天然氣 (NGZ24) 和液化天然氣 (NGL) 的混合物，確保收入來源多樣化。第三季度，原油佔總收入的87%。公司總營業收入12.7億美元，較去年成長23.3%。稀釋後收益也成長了 93%，達到每股 3.01 美元。

The company is committed to a balanced approach that combines energy production with sustainability practices. Civitas Resources is praised for its shareholder-friendly capital return strategy. In addition to regular dividends, Civitas pays variable dividends tied to its free cash flow, which appeals to income investors.

該公司致力於採取將能源生產與永續發展實踐相結合的平衡方法。 Civitas Resources 因其有利於股東的資本回報策略而受到讚譽。除了定期股息外，Civitas 還支付與其自由現金流掛鉤的可變股息，這對收入投資者很有吸引力。

In the third quarter, adjusted free cash flow totaled $366.3 million. After paying its quarterly base dividend of

第三季度，調整後自由現金流總計 3.663 億美元。支付季度基本股利後