While the oil is bouncing back up with the prices surging, it might be the right time to dive into energy sector by considering to invest in energy stocks.
What are some of the best energy stocks in 2019 and why should you place your investment on these stocks?
Table of Contents
Best Energy Stock Investment ExxonMobil (XOM)
ExxonMobil perhaps has one of the longest market histories among the sector of energy companies that have issued stocks.
The company has been faithfully rewarding shareholders with dividends, as well as regularly, ever since 1882, in addition to being a member of an elite Dividend Aristocrats club.
Even though Exxon stocks have had some troubles with following an uptrend for the past 10 years, the company kept the quality of dividend payments in check, paying 5% in dividends with the present rate of 4% for dividend payments.
Exxon is the largest private operator in the world in the sector of energy and with some of the cleanest balance sheets, which means that the company could survive any storm in the market.
Best Energy Stock Investment: Chevron (CVX)
Although overshadowed by ExxonMobil in some cases, especially when it comes to Exxon’s attractive dividend payments, Chevron still managed to deliver a great deal of free cash flow in the recent period.
That way, Chevron has showcased an amazing pace of growth among the companies in the energy sector, also earning the title as one of the best energy stocks in 2019.
Best Energy Stock Investment: BP (BP)
While BP has almost paid off the damages from the Deepwater Horizon disaster, the company is starting to show some serious signs of growth and progress, confirming to be one of the top names in the oil industry.
BP managed to compensate for the previous losses by showcasing increased, earnings, cash flow and revenues in the period of the last three years.
Years ago, analysts believed that BP would need to cut dividends paid to shareholders; however, the company kept the positive pace, currently paying 5.7% in dividends.
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