The need for even deeper cuts to the U.S. rig count and the inevitable top-line impact to energy producers will mean more pain for energy sector stocks like Exxon Mobil Corporation (NYSE:XOM) and Chevron Corporation (NYSE:CVX), both of which saw their shares drop out of multi-month trading ranges this week to return to levels last seen in 2013, as well as overall corporate earnings growth and business investment.
That puts five dividend-focused energy stocks — domiciled outside the United States, and thus doubly threatened by the strengthening of the dollar — at great risk. Here are five energy dividend stocks to avoid: Eni SpA (ADR) (E), Total SA (ADR) (TOT), BP plc (ADR) (BP), Royal Dutch Shell plc (ADR) (RDS.A) and Statoil ASA (ADR) (STO).
Source: InvestorPlace
Related Articles:
- The Secret Ingredient of Dividend Growth Stocks
- Stocks Providing Positive Feedback With Increased Dividends
- Dividend Growth Stocks With A Defined-Benefit Pension
- 7 Higher-Yielding Stocks With A Low Price To Book
- Don't Forget: Buy And Hold Is Not Buy And Forget
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
So, stocks are the place to go. But which stocks? While the market is clearly the place to go for strong returns, investors have different p...
-
Strange but true: seniors fear death less than running out of money in retirement. So what's a retiree to do? You could cut your expense...
-
If you're anticipating a long retirement, you'll want to remain invested in stocks to give your money a chance of outpacing inflatio...
-
When writing this article, I was looking for an ideal list of dividend-paying stocks that consistently raise their dividends each year. In a...
-
One way to identify suitable candidates is to look for stocks with an average dividend yield of 3%, and positive average annual dividend gro...
-
If I could teach investors one thing, it would be how to identify and value “Forever Assets.” These businesses constitute the single best wa...
-
Exxon Mobil Corporation (NYSE:XOM) stock is trading at the same level as it was during the beginning of 2019. Even with company-specific pos...
-
As a new decade approaches, it's a good time to think about putting a few stocks in your portfolio that can stand the test of time, pote...
-
One of the Best Dividend Stocks of the Past Decade. If you ask most people to name the best dividend stocks, they’ll rattle off a similar li...
-
Dividends are profit sharing payments sent out to stockholders. Companies have a variety of reasons for paying them, ranging from simply swe...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.