2 Brilliant High Yield Oil Stocks to Buy Now and Hold for the Long Term
If you are looking at oil stocks, some of the best long-term options will be found among the integrated energy giants. The best time to buy an integrated energy giant, meanwhile, is usually when oil prices are weak. That's the case today, and two brilliant high-yield oil stocks to consider buying now are Chevron (NYSE: CVX) and TotalEnergies (NYSE: TTE). Here's why.There are three broad segments to the overall energy industry. Upstream companies drill for oil and natural gas, which means their top and bottom lines tend to be as volatile as oil and gas prices. The midstream helps to move oil and gas through infrastructure assets like pipelines. Midstream companies tend to produce reliable revenues from a toll-taker model, but they also tend to be slow-growing. And the downstream is made up of chemical and refining companies, where both the inputs and the outputs involve volatilely priced commodities. Each segment is obviously a bit different.Image source: Getty Images.Continue reading
If you are looking at oil stocks, some of the best long-term options will be found among the integrated energy giants. The best time to buy an integrated energy giant, meanwhile, is usually when oil prices are weak. That's the case today, and two brilliant high-yield oil stocks to consider buying now are Chevron (NYSE: CVX) and TotalEnergies (NYSE: TTE). Here's why.
There are three broad segments to the overall energy industry. Upstream companies drill for oil and natural gas, which means their top and bottom lines tend to be as volatile as oil and gas prices. The midstream helps to move oil and gas through infrastructure assets like pipelines. Midstream companies tend to produce reliable revenues from a toll-taker model, but they also tend to be slow-growing. And the downstream is made up of chemical and refining companies, where both the inputs and the outputs involve volatilely priced commodities. Each segment is obviously a bit different.
Image source: Getty Images.
