2024-05-26 03:15:01 ET
Summary
- Energy stocks, including royalty companies, have been performing well and are expected to continue to do so due to strong long-term demand and favorable supply developments.
- Kimbell Royalty Partners is a standout royalty company with diversified assets, strategic growth through acquisitions, and an impressive distribution outlook.
- KRP offers attractive income potential with double-digit yields even at subdued commodity prices, making it a strong investment for those seeking elevated income.
Introduction
I like oil and gas stocks.
By now, that's no surprise.
After a period of underperformance that lasted more than a decade, energy stocks haven't underperformed the S&P 500 since 2019, as the ratio between the Equal Weight Energy ETF ( RSPG ) and the S&P 500 below shows.
Due to factors like strong long-term demand, increasingly favorable supply developments, and valuation advantages, I believe fossil fuels are the place to be for the foreseeable future....
Read the full article on Seeking Alpha
For further details see:
High-Quality Energy Income - Unlocking Double-Digit Yields With Kimbell Royalty Partners