Oil Investment Strategies - Chevron offers diversification across upstream, midstream, and downstream energy sectors, which helps stabilize earnings despite oil price volatility [2] - Chevron has increased its dividend annually for 37 consecutive years, with a current yield of 4%, making it a reliable high-yield energy stock [3] - Devon Energy focuses solely on the U S upstream sector, making its financial performance highly sensitive to oil price swings, offering higher upside potential but also greater downside risk [4] - Devon Energy has an investment-grade balance sheet, over 10 years of drilling inventory, and a low break-even point, allowing profitability even in weaker oil price environments [5] - TotalEnergies provides exposure to both traditional oil and clean energy, with its integrated power division contributing 10% of adjusted net operating income in the first nine months of 2024, growing 20% year-over-year [6] - TotalEnergies maintains its dividend while committing to clean energy, differentiating itself from European peers like BP and Shell, and offers a 5 5% dividend yield [7] Investment Recommendations - Chevron is suitable for investors seeking a diversified energy stock with a reliable dividend and attractive yield [9] - Devon Energy is ideal for aggressive investors bullish on rising oil prices [9] - TotalEnergies is recommended for investors who want oil exposure but also believe in the growing importance of clean energy in the global energy mix [9]
The Smartest Oil Stocks to Buy With $200 Right Now