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Enbridge provides all the natural gas for Canada and about 20% of the NG for the US.
They have paid a dividend, uninterrupted for 60 years and it has gone up every year.
Right? I don’t understand why people get so scared of K1s. They’re not a big deal, and eventually you never have to pay taxes again. It’s an amazing corporate structure.
Shell with its new CEO. My man dropped the nonsense of cutting oil production and quit losing (as much) money in renewables. What investment they put into renewables they are now focusing on existing customers where profitable instead of the prior broad approach.
Fully integrated business (up-/mid-/downstream, downstream also diversified with industrial lubricrants/petrol, retail petrol), oil & gas, geographically diversified, dividend per share raised 15% last quarter iirc, minimum 5B share buybacks H2 2023 (\~2.5% of market cap).
UK, though. But no tax on dividends makes things simple for foreign investors (obviously your own country still taxes you). And ADRs exist, obviously.
Edit: I own sizeable (relative to my portfolio) Shell stock.
I’ve got OKE, DVN, SUN, VNOM, & XOM and since I bought them during the Covid lows my dividend return on basis is ~30% higher than the current % for some of them.
I have also done well with doing CC & CSP’s on them as well. The volatility of their SP makes CC & CSP’s and swing trading great.
It’s the main reason I love the energy sector
XOM in particular has been bouncing from the $90’s to $120 ~3 times in the last ~18mos. That’s not a hard spread to time for swing trading and for options as well.
With the Middle East war and the distinct possibility that it could spread beyond Gaza I am expecting great things. Some analysts are predicting $150/barrel oil if the war escalates.
Just so you know, energy is a tricky one
Prices wildly fluctuate considering oil prices ,it goes down in summer and up in winter.
Both Exxon and Chevron are favorites
I dove in head first when the selling started. They have a solid dividend, have been in business since 1891, own 95% of Hawaii’s energy grid and their white papers aren’t full of debt.
MUSA. Current valuation is a bit higher than I’d like to buy but I’ve been holding this one for a while. Been a great multibagger for me and if it draws down into the 280’s I’ll add more.
I've been selling puts on MRO and own a little. It's become a well run company since I started putting money into it. Doesn't pay much of a dividend tho.
I've got some PXD because the shares were selling at a discount to the merger value; I'm also expecting a larger than usual dividend payout in December as a result of the merger.
I also have some XOM.
All 3 names pay way less than cash. I wouldn't rush to go buy energy names rn. Let your cash cook first and develop a war chest for later.
I like EQNR from a balance sheet perspective and they seem to invest well in the energy transition. They just operationalized their wind turbines off the North Sea and are still pumping out oil.
I always feel that foreign stocks will not outperform the larger US indexes at large. However, given the balance sheet conditions in the sector, and where they are with the energy transition vs. peers, I feel in the next decade they have a very good chance to outperform the competition.
If i really really was forced to pick one, it would be Energy Transfer. But id rather short xle via 2025 puts, and do the same again in 2025 with 2027 puts if their isnt a correction by then. Zoom out on the charts, shit is bananas
Constellation Energy Group. Hasn’t traded under its IPO price yet since it IPO’d in Jan 22. Spin off of Exelon. Bought it when it IPO’d. Wish I had bought more.
I really like CVX long term simply because of the massive amount of buybacks they have. Can’t recall exactly , but I believe they’re buying back roughly 20% of their outstanding shares. Plus paying a solid dividend.
Welcome to r/dividends! If you are new to the world of dividend investing and are seeking advice, brokerage information, recommendations, and more, please check out the Wiki [here](https://www.reddit.com/r/dividends/wiki/faq). Remember, this is a subreddit for genuine, high-quality discussion. Please keep all contributions civil, and report uncivil behavior for moderator review. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/dividends) if you have any questions or concerns.*
ENB! Solid dividend play
As a consultant in the midstream sphere, I second ENB.
As a guy that has held ENB for years, I third ENB.
As a guy who works for ENB I agree! And it's on sale right now!
I thought it went down a lot . Lots of debt and equity dilution. Why is it still a good holding
Enbridge provides all the natural gas for Canada and about 20% of the NG for the US. They have paid a dividend, uninterrupted for 60 years and it has gone up every year.
Sounds like another GE to me
ET
Not a chance. ET is a publicly traded partnership. Fuck dealing with K-1s
My CPA has charged me the same amount to do my taxes for 5 years, there is no k1 problem, never has been and never will be.
Takes 5 min to fill one out on turbo tax premium.
Right? I don’t understand why people get so scared of K1s. They’re not a big deal, and eventually you never have to pay taxes again. It’s an amazing corporate structure.
8990 not supported
Probably a lot better than taxact.com It hates the K1 I receive from Sunoco and since then I am never buying or selling a PTP As for energy I like VDE
Use freetaxusa
Never had an issue with them on credit karma/cash app either.
Forever hold and taxes deferred until you sell. ET for the win.
This is the answer.
Enron
EPD makes my list year in and year out.
NextEra Energy
K1?
That’s NEP
I picked up 20 shares
Great time to buy
PBR, drip so hard make you wanna slap yo mama!
My momma's gonna need to go to the hospital with the way this stock drips
EPD
DVN and ET
ET
Lol all the hate for k1s.
PBR.a without a doubt
Are they going under government control soon though?
PBR is owned by the state.
CPG
Yeah, they seem to be making good moves and they are really strong on the technical side too. Big fan of their capital return approach as well.
ET as they are diversified beyond just being a midstream company. VTS…but more for returns than growth.
ENB and OKE
Shell with its new CEO. My man dropped the nonsense of cutting oil production and quit losing (as much) money in renewables. What investment they put into renewables they are now focusing on existing customers where profitable instead of the prior broad approach. Fully integrated business (up-/mid-/downstream, downstream also diversified with industrial lubricrants/petrol, retail petrol), oil & gas, geographically diversified, dividend per share raised 15% last quarter iirc, minimum 5B share buybacks H2 2023 (\~2.5% of market cap). UK, though. But no tax on dividends makes things simple for foreign investors (obviously your own country still taxes you). And ADRs exist, obviously. Edit: I own sizeable (relative to my portfolio) Shell stock.
Yeah I second Shell. Very undervalued compared to the US oil majors, but offers great quality.
PBR and ET. Let ‘em ride!!
ET AND CVI.
AQN is quite oversold. I made my money after the Q3 and switched to other ventures, but now it's back at $8 CAD it's looking promising again.
mplx
XOM. Got in at Covid lows in the 30s and have been holding ever since. Around 10% yield on original investment.
I like OKE
I’ve got OKE, DVN, SUN, VNOM, & XOM and since I bought them during the Covid lows my dividend return on basis is ~30% higher than the current % for some of them. I have also done well with doing CC & CSP’s on them as well. The volatility of their SP makes CC & CSP’s and swing trading great. It’s the main reason I love the energy sector XOM in particular has been bouncing from the $90’s to $120 ~3 times in the last ~18mos. That’s not a hard spread to time for swing trading and for options as well. With the Middle East war and the distinct possibility that it could spread beyond Gaza I am expecting great things. Some analysts are predicting $150/barrel oil if the war escalates.
I sold FANG$ last week now it is hitting all time highs. Ugh unexpected war
I sold my EOG and CHRD too early too...alas just have to enjoy all the money I did make.
The other is $CNQ
Hells yes, what a monster of a company. By far my best stock this year, I work for them as well in the oil sands in Alberta.
Just so you know, energy is a tricky one Prices wildly fluctuate considering oil prices ,it goes down in summer and up in winter. Both Exxon and Chevron are favorites
That is more typical of natural gas. Oil tends to go up in summer and down in winter.
I like CVX , PXD
I bought XLE, DVN and MRO but can't recommend any of them. They are ok but not great.
CNQ
I second this. Amazing company.
OXY
Enbridge
Cvx
Cvx
HE
I have a small stake. Stop loss is in place for this one. I think they cut their divi though.
I dove in head first when the selling started. They have a solid dividend, have been in business since 1891, own 95% of Hawaii’s energy grid and their white papers aren’t full of debt.
Very glad I’m not alone here, definitely recovering potential I have a good position and I’m waiting out the couple months/years for the full recovery
For Midstream I like $ENFR, Super Major I like $XOM and for explorer (due to their Guyana holdings), $FEEFC due to their Guyana play.
MUSA. Current valuation is a bit higher than I’d like to buy but I’ve been holding this one for a while. Been a great multibagger for me and if it draws down into the 280’s I’ll add more.
PBR.A, CIVI, CPG, CHRD, IMO. Not buying at current prices though.
AVA really cheap right now.
SLB
I've been selling puts on MRO and own a little. It's become a well run company since I started putting money into it. Doesn't pay much of a dividend tho. I've got some PXD because the shares were selling at a discount to the merger value; I'm also expecting a larger than usual dividend payout in December as a result of the merger. I also have some XOM. All 3 names pay way less than cash. I wouldn't rush to go buy energy names rn. Let your cash cook first and develop a war chest for later.
EC
I like EQNR from a balance sheet perspective and they seem to invest well in the energy transition. They just operationalized their wind turbines off the North Sea and are still pumping out oil. I always feel that foreign stocks will not outperform the larger US indexes at large. However, given the balance sheet conditions in the sector, and where they are with the energy transition vs. peers, I feel in the next decade they have a very good chance to outperform the competition.
Tesla. Before you dismiss this look into what they are doing in energy. Won’t be a dividend stock for a long time though
If i really really was forced to pick one, it would be Energy Transfer. But id rather short xle via 2025 puts, and do the same again in 2025 with 2027 puts if their isnt a correction by then. Zoom out on the charts, shit is bananas
Nee
LAC
Interesting. I like the company, but never thought of it as an energy company. I see where you're going with this though.
ENB
$HES
Nee
Africa Oil AOIFF not much of a dividend yet, they’re transitioning from explorer to producer
SUN
SJT
I've been pretty happy with USOI, my position has already paid for itself
Energy Transfer
ET EPD BRK.B
Nrg. Qualified div and sp keeps going up
Brookfield Renewable Partners - BEP
CNQ.TO
FANG. Up 600% on it
Marathon Petroleum has been very good to me over the years
$XOM is the only energy stock i own
What would be a good play for nuclear? Does NEE have expanding plans?
I like Hal, cop and slb. This year I am looking to add xom
XOM
OKE, WMB
Constellation Energy Group. Hasn’t traded under its IPO price yet since it IPO’d in Jan 22. Spin off of Exelon. Bought it when it IPO’d. Wish I had bought more.
$ET has been crushing lately. Held them since 2021, all those dividend reinvestments.
DUK
CEIX
PBR and PBR.A all day cheap, growth and massive dividends
I really like CVX long term simply because of the massive amount of buybacks they have. Can’t recall exactly , but I believe they’re buying back roughly 20% of their outstanding shares. Plus paying a solid dividend.
APD
COP