BEPC - 3 Top Energy Stocks to Buy in December
2023-12-06 05:25:00 ET
The energy sector encompasses a lot of different industries, and every investor should probably have a little exposure somewhere along the line. If you are looking at this broad area as December gets underway, you might want to consider Chevron (NYSE: CVX) , Duke Energy (NYSE: DUK) , and Brookfield Renewable (NYSE: BEP) (NYSE: BEPC) .
Here's a quick look at why these three energy stocks are potential buys this month.
Despite the volatile nature of oil and natural gas prices, Chevron has managed to increase its dividend annually for 36 consecutive years. There are two big reasons for this. First, the company is an integrated energy major, which means its business spans from the upstream (drilling) through the midstream ( pipelines ) and all the way to the downstream (refining and chemicals). Having exposure to all aspects of the energy sector helps to smooth out the inherent ups and downs of the industry because some areas usually benefit while others are suffering.
For further details see:
3 Top Energy Stocks to Buy in December