Want Decades of Passive Income? 3 Best Oil Stocks to Buy Right Now

Core Insights - The energy sector, particularly oil stocks, is currently offering attractive dividend yields ranging from 3.6% to 6.5%, making them appealing for passive income investors [1][2][3] Company Summaries - Enbridge (ENB): - A leading energy infrastructure company in the U.S., responsible for transporting nearly 30% of North America's crude oil and 20% of its natural gas [4] - Recently acquired three gas utilities for $19 billion, enhancing its distributable cash flows and stability [5] - Has a strong dividend history, increasing dividends for 30 consecutive years, with a payout ratio of 60$29 billion [6] - Enterprise Products Partners (EPD): - One of the largest pipeline companies in the U.S., with $6 billion in projects expected to come online this year, representing 80$27 billion annually into growth through 2030, expecting to generate significant incremental net income and operating cash flow [13] - Despite being a commodity stock, it has delivered substantial returns, with investments made five years ago more than tripling in value [11][12]