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
-
Showing resilience during a tough week was a group of stocks that has not been heard from much in the past two years. A group that has been ...
-
The World Cup format brings in 32 teams from around the globe who square off until only one remains. After the first round, 16 teams are eli...
-
Legendary investor Warren Buffett is known for earning huge returns for his company Berkshire Hathaway Inc. (NYSE:BRK.B) and its shareholder...
-
The Holy Grail for income investors is finding quality companies with significant payouts that will continue to generate income over the lon...
-
In a bloated stock market, going after the hottest tickers won’t get you much in terms of yield. That’s why, for investors looking to boost ...
-
While growth stocks grab all the headlines and generate all the hype, dividend-paying stocks have handily outperformed their nonpaying peers...
-
There's been a lot for investors to like about market performance over the last decade, but there's a flip side: In a market that cl...
-
Is it possible to double your money – quickly – buying safe dividend stocks? You bet. Let me explain how… “Basic” income investors are enamo...
-
There is no other way to put it: The U.S. stock market seems to be losing its momentum. Year-to-date, the market has been trading mostly sid...
-
All four of these names have very strong cash flows that allow them to not only pay better than 3% dividends, but also to buy back stock. Tw...
0 comments
Post a Comment
Post a Comment