Most income-oriented investors include some oil majors in their portfolios for their attractive yields. The vast majority of these investors limit their focus on the American and European oil majors, which are by far the most popular stocks in the energy sector. However, it is worth noting that a Chinese oil giant, China Petroleum & Chemical Corp. (SNP), commonly known as Sinopec, is offering a much higher dividend yield (10.0%) and is trading at a much cheaper valuation level than the popular oil majors. Therefore, income-oriented investors should consider purchasing this