While many firms are looking to slim down and spin-off assets, the integrated model continues to work well in the energy sector. Particularly now that prices for oil and natural gas have started to dwindle. Our latest Best Energy Dividend Stocks List pick is proof that the business model can pay plenty of benefits. Profits too, with shareholders reaping four decades worth of dividend increases and a hefty 3%+ yield!
You can check out the Best Energy Dividend Stocks List to explore all the stocks.
Our pick is one of the largest energy firms on the planet with assets covering production, logistics, and refining. This total package allows our pick to mitigate declining prices in one sector, while still profiting in another.
And given its size, our pick has cash flows bigger than some countries GDPs. That’s allowed our pick to expand smartly, spend plenty on CAPEX, and take big bets on good assets to grow its bottom line. The end result is a powerful energy company that continues to reward shareholders with rising dividends, debt reduction, and buybacks.
In order to make room for our new integrated energy stock, we’ve reduced position in three midstream firms and another integrated energy stock.
