In the winter of last year, Goldman Sachs started to warn about significantly higher oil prices coming, and you could bet that the potential from a Russia versus Ukraine war was not the main thesis for its call at that time. But what a difference a year can make, and with the potential for Russia’s supply to get cut off, things could get very dicey. We screened our 24/7 Wall St. energy research database and found six top stocks to Buy that pay big dividends and still have room to run to the posted Wall Street price targets.
Enterprise Products Partners L.P. (NYSE: EPD) provides a wide variety of midstream energy services. Exxon Mobil Corp. (NYSE: XOM) is the world’s largest international integrated oil and gas company. MPLX L.P. (NYSE: MPLX) is primarily engaged in crude oil and refined products transportation and terminaling. Phillips 66 (NYSE: PSX) operates through four segments: Midstream, Chemicals, Refining, and Marketing and Specialties. TotalEnergies S.E. (NYSE: TTE) operates as an integrated oil and gas company worldwide. Williams Companies Inc. (NYSE: WMB) operates as an energy infrastructure company primarily in the United States.
Source: Wall St. 24/7
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Top Traders Say Oil Really Could Hit $250: 6 Dividend Stocks to Buy Now
Posted by D4L | Wednesday, April 20, 2022 | ArticleLinks | 0 comments »________________________________________________________________
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