As the Oil Shock Sends Energy Stocks Soaring, Buy These 3 Now

Furthermore, Exxon is a dividend stock. It offers a forward yield of 2.6% and has increased dividends for 43 consecutive years, earning the title of “Dividend Aristocrat.” With low breakeven costs, Exxon generates healthy cash flows and continues investing in future growth projects like LNG and offshore drilling, even when oil prices fall. This makes its business resilient beyond just short-term oil spikes. Backed by a strong balance sheet, with a cash balance of $10.7 billion and a debt-to-equity ratio of ...