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Energy Stocks Are Soaring. 3 High-Yield Oil Stocks to Buy Now.
Out of the 11 stock market sectors, energy is the best-performing year to date -- up 7.9% at the time of this writing compared to a 5.1% decline in the S&P 500 (SNPINDEX: ^GSPC). The move may come as a surprise, given that the U.S. benchmark oil price, West Texas Intermediate, is $69.36 per barrel compared to an average of $76.63 in 2024. But leading oil and gas stocks offer investors a great deal of safety amid economic uncertainty and trade tensions.Here's why ExxonMobil (NYSE: XOM), Chevron (NYSE: CVX), and ConocoPhillips (NYSE: COP) stand out as three balanced dividend stocks to buy now.Continue reading
Out of the 11 stock market sectors, energy is the best-performing year to date -- up 7.9% at the time of this writing compared to a 5.1% decline in the S&P 500 (SNPINDEX: ^GSPC).
The move may come as a surprise, given that the U.S. benchmark oil price, West Texas Intermediate, is $69.36 per barrel compared to an average of $76.63 in 2024. But leading oil and gas stocks offer investors a great deal of safety amid economic uncertainty and trade tensions.
Here's why ExxonMobil (NYSE: XOM), Chevron (NYSE: CVX), and ConocoPhillips (NYSE: COP) stand out as three balanced dividend stocks to buy now.
