Think Crude Oil Is Going to $100 a Barrel? Then You'll Love These 3 Dividend Stocks.
Chevron(CVX) The Motley Fool·2024-04-21 09:45
The energy sector continues to be an excellent opportunity for income and value-orientated investors.After a huge run-up in oil and gas prices following early pandemic lows in 2020, the market started to cool off in late 2022 and throughout 2023. 2023 ended up being a great year for the energy sector, but corporate profits were mostly down.So far in 2024, oil prices are back on the rise, led by strong demand and tightening supply management -- including OPEC cuts -- as well as ongoing geopolitical tensions. ...