Energy companies have not been the greatest investments over the last several years. Plunging price realizations have hurt oil companies' upstream results across the board. Levered upstream companies in the U.S. shale oil and gas patch have been hurt particularly badly. This company's shares have risen ~14 percent year-to-date. Stabilizing energy prices should support its upstream results moving forward. I continue to see more upside. An investment yields ~7 percent.
Integrated oil companies like BP (NYSE:BP), ExxonMobil (NYSE:XOM), or Chevron Corp. (NYSE:CVX) have done much better than oil companies that have been more heavily exposed to the upstream sector - think ConocoPhillips (NYSE:COP) -, but they have nonetheless been terrible investments as well. However, big oil companies have started to rebound in 2016, and quite significantly, too. Take a look at BP, for instance, whose shares have risen ~14 percent since January. BP is by far not the only company that has seen an uptick in investor interest after oil prices bottomed out in the 1st quarter of this year. Most big oil companies have profited from a rebound in investor optimism that went hand in hand with stabilizing crude oil prices. The bottom surely is in, don't you think?
Source: Seeking Alpha
Related Articles:
- How To Build A Sustainable High Yield Portfolio
- How To Buy Dividend Stocks At The Bottom
- 10 Stocks That Have Paid Dividends Since The 1800s
- Are You Patient Enough To Be Wealthy? These 7 Dividend Stocks Will Help You Wait
- Three Keys For Successful Dividend Growth Investing
This 7% Yielding Energy Company Can Roar Higher
Posted by D4L | Thursday, November 10, 2016 | ArticleLinks | 1 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
Dividends and diversification -- those two things can help you achieve a comfortable retirement when combined with the income you will recei...
-
The best dividend stocks have one thing in common: resiliency. They can continue increasing their dividends even in the harshest economic en...
-
Investors wanting to enjoy steady and consistent income should consider dividend aristocrats. In fact, even in these chaotic times, dividend...
-
A good dividend stock has more than a high yield. Dividends need to be supported by cash flow, and cash flow depends on the long-term streng...
-
When looking for dividend stocks to invest in, it is advisable to choose companies that have strong dividend histories and stable balance sh...
-
Higher dividend yields often imply that the underlying company paying the dividend has a higher risk profile. However, that's not always...
-
It's hard to beat a sustainable, high-yield dividend paired with a beaten-down valuation. The best dividend stocks offer high yields and...
-
When hunting for discounted investments, one excellent starting point is to look for businesses with dividend yields trading above their fiv...
-
Strange but true: seniors fear death less than running out of money in retirement. And unfortunately, even retirees who have built a nest eg...
I think with Trump coming in I think green energy stocks may lose favor while traditional oil companies rebound. I also think that Keystone XL will probably get passed which will allow oil to stay competitive in the US for the foreseeable future.