XOM - Looking at ExxonMobil? Consider These 3 Energy Stocks Instead
2024-03-10 10:12:00 ET
ExxonMobil (NYSE: XOM) is a great oil company. It has delivered peer-leading growth across several key metrics over the past several years. It also has the longest dividend-growth streak in the oil patch at 41 consecutive years.
However, ExxonMobil might not be the best energy stock for all investors. Chevron (NYSE: CVX) , Enterprise Products Partners (NYSE: EPD) , and Enbridge (NYSE: ENB) stand out to a few Fool.com contributors as potentially better investment opportunities. Here's why investors looking at ExxonMobil should also consider these energy stocks.
Reuben Gregg Brewer (Chevron): ExxonMobil, with a market cap of nearly $420 billion, is a much larger company than Chevron, which has a market cap a touch below $280 billion. So if you want the 800-pound gorilla in the energy sector you should buy ExxonMobil. But after that one data point, ExxonMobil and Chevron are very similar integrated energy companies. Chevron, meanwhile, has a couple of key stats that might tip the scale in its direction.
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Looking at ExxonMobil? Consider These 3 Energy Stocks Instead