- Oil and Gas companies such as Exxon, Chevron, and Shell are aggressively reducing operational costs and headcount to enhance operations.
- Emerson is well-positioned to meet the needs of the oil and gas industry as their Automation Solutions division enables these companies to do more with fewer personnel.
- Increased demand from oil & gas companies could be a major catalyst as the segment represents 19% of revenues, but has seen little growth since oil collapsed in 2015.
- Emerson's attractive dividend yield, with a 63-year history of dividend growth, should serve as a strong secondary tailwind as income-oriented investors continue to favor the company.
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Changes In Oil And Gas Gives Emerson More Room To Run