Oil Is Volatile; Here Are 3 Dividend Stocks That Protect You From That Volatility
Chevron(CVX) The Motley Fool·2024-06-24 10:21
These oil dividend stocks built their businesses to withstand the sector's volatility.Oil prices are notoriously volatile. Over the past year, crude oil has topped out around $90 a barrel and been down in the $60s. That volatility can have a big impact on the cash flows produced by oil companies.However, some oil companies are better positioned to weather the oil sector's volatility. Chevron (CVX -0.87%), Enterprise Products Partners (EPD -0.04%), and Enbridge (ENB -0.14%) stand out to a few Fool.com contri ...