ORG continues to forge towards new all-time highs, now only 2.4% away. ORG is forecast to yield more than 5% over the coming 12-months, but we foresee a flatter dividend outlook moving forward. The company delivered underwhelming FY25 guidance in August, and it’s hard to see much upside above $11 before they face the music again in February.
- We prefer APA to ORG at current levels, but caution: This is a contrarian call in a year when the strong have gotten stronger and vice versa.