Quote:
Originally Posted by WSSix
Interesting. I was looking into oil companies as a sector to invest in. Exxon was on that list. I'll check out Chevron too.
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My personal gas/oil/energy plays are in KMP (Kinder Morgan Partners) and EEP (Enbridge Energy Partners)... I chose them because of the much higher CURRENT dividend. But remember -- I'm not looking at growth as much as I am for current dividend yield because I'm already retired and live off that stream...
Both the above pay over 6% -- and for me -- that's HUGE.
Can't go wrong with either CVX or XOM, or any of these names in my book. As long as you're DIVERSIFIED.... and we know - like food etc -- people are going to be using Oil/Gas/Natural gas for a very long time (sadly because I'd like to see less dependence on them but that's a different discussion).
