EPD - 3 High-Yield Energy Stocks That Are Screaming Buys in July
2024-07-06 08:45:00 ET
Finding high-yield stocks when the S&P 500 index is yielding a scant 1.3% may sound like a daunting task, but it isn't. You just need to be more discerning than usual when looking at massive yields, which often come with massive risks. Here are three high yields that are both attractively high and not laden with risk.
There's no way around it. Oil and natural gas are highly volatile commodities. But just because a company operates in the oil and gas industry doesn't mean it is risky.
Enterprise Products Partners (NYSE: EPD) , and its hefty 7% distribution yield, is a perfect example. This master limited partnership (MLP) owns the vital energy infrastructure that helps move oil and natural gas around the world. It charges fees for the use of its assets, so demand for energy is more important than energy prices. Energy demand tends to be high regardless of where oil prices are.
For further details see:
3 High-Yield Energy Stocks That Are Screaming Buys in July