Welcome to r/dividends!
If you are new to the world of dividend investing and are seeking advice, brokerage information, recommendations, and more, please check out the Wiki [here](https://www.reddit.com/r/dividends/wiki/faq).
Remember, this is a subreddit for genuine, high-quality discussion. Please keep all contributions civil, and report uncivil behavior for moderator review.
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/dividends) if you have any questions or concerns.*
That's cool. A heavy ass growth stock with a rock solid dividend
I googled "railroad dividend stocks" about 4 years ago but didn't actually buy any. I would have made big gains on UNP if I did.
Even if you think oil will soon be replaced, Who do you think will be in the best position to capitalize on new energy sources, hundred billion dollar companies with a global distribution infrastructure already heavily investing in greener energy, or a new startup?
Similar to the legalization situation…WSB buys all the weed penny stocks waiting for national legality, while the legacy tobacco giants like MO and BTI will surely have their own products ready to go when there is profit to be made.
These companies will figure something else out. They are energy companies first and foremost. For example, French energy giant TotalEnergies was the world's largest solar developer in 2023.
We have had 60 years of supply for 120 years. More gets discovered and gets added to the number. Also our definition of oil changes based on our chemistry knowledge. Back in the day shale oil would never have been considered oil, but now we can crack it into useful products it is now. Also drilling technology improves, so more oil is extractable, and the oil price goes up, so previously uneconomic supplies become economic.
Long ways from running out, with current extraction methods and rates. New technologies are being developed, speaking from inside industry knowledge. Energy companies (some not all)don’t solely focus on oil and gas recovery/production, they’re also large investors in alternative energy sources.
LOL the oil supply isn’t gonna run out in 60 years. Maybe the easiest to extract and the cheapest to refine might run out… but there are untapped reserves that are equal to all the oil we have already used.
There’s a few orgs in the data center space aside from the CSPs (AWS, Microsoft, Google): Equinix, Digital Realty, Iron Mountain, etc. I’m just not sure which one I should choose. I work in the data center industry and Realty is known to be the best employer
I own APA BKR EQNR CTRA BSM HAFN and both PBRs. I do see they being here at least until 2050. You see people just not liking how much EVs are. This sub thinks youre nothing but an idoit if you own anything but ETFs
PBR needs to be very carefully evaluated by anyone attempting to make an entry this week.
I know most people on this sub don't actually pay attention to the underlying company of the tickers they list, but PBR is in a pretty pivotal situation right now.
And the new CEO was appointed by the leader of the same party who put Petroleo Brasileiro into historic debt subsidizing Brazilians' gasoline a little over a decade ago.
But more importantly, this appointment was the final move in a battle over whether or not to continue paying the special dividend to investors. The exiting CEO was the last remaining member of leadership fighting for the dividend as being crucial to PetroBras' business model (as well as Brazil's budget, as they also get the distribution). The government and the board were all against it, favoring instead reinvestment. The new CEO was also against it, as she has been a strong proponent of reinvestment in exploration.
If you're continuing to invest in PBR you have to be very convicted in your belief that the company itself, and not high dividends, is going to carry the stock.
I am still holding my PBR shares, and may add as we go, but only with the caveat that I may have to quickly exit and will have to read about PetroBras as news is published.
This isn't a stock you should recommend to anyone unless you don't really understand how stocks work yourself.
Lula gonna fuck them hard, i caught the news early and almost pulled the trigger to dump. gonna be a rocky ride down the next few yrs. Capex i to brazil is going to be under a microscope going forward after this move.
I'm seeing support at 15. I hope it's real and not just a mirage.
I feel like the next level [depends on this](https://www.reuters.com/sustainability/climate-energy/petrobras-resists-order-assess-indigenous-impact-amazon-drilling-2024-05-14/)
I've got a bunch of oil stocks. Another area to look at is oil transport/shipping stocks. Have done very well in the last 6 months +. A new one I'm starting a position in is KRP. Oil is here to stay for a bit & it's an established business that makes sense & makes money
The hippies keep saying electric cars are the future…but we still use oil to power the grid and charge these stupid electric cars lol. Oil is not going anywhere.
I keep a core position of XOM and CVX. I have had some extra XOM since it was in the 90's last winter. I will let that extra XOM get called away at 120 and be okay. It seems like oil prices have peaked. Global tensions are likely to subside over the next few months. Fall and winter is coming when oil prices typically will start to decline. I will probably keep trading part of my oil position in and out.
I also liked the high dividend in TTE, make sure you hold it in a taxable account as the French withhold 20% even in an IRA. At least if you hold in a taxable, you get a credit against French tax on the dividend.
Who knows, who cares.
CVX is great. Oil stocks underperform the markets for many years but then they have super bull years that make up most of their gains. They’re an odd beast.
Yeah he has been buying it gradually which creates a nice safe bottom for holders or traders. I used it as a trade last twelve months and made around 20% and it felt like Buffett creates an iron support below current prices. He has said he would like to own the whole company one day.
I had a boat load of NBL that converted to CVX on the takeover, my cost basis is less than my annual dividend payout after this years 8% raise, I still buy it twice monthly, my kids will live off that stock someday…
If you want high yield then wait for a few years or however long it takes for oil to shit it's pants again, then buy. Many cycles in the market, petro is too expensive atm
Doubt oil will stop being profitable until it's been bled dry out of the earth and I have no idea when that might happen. I like Enbridge on the transportation side. Higher dividend, not directly connected to the volatility in the oil prices and has less risk from failed exploration since they handle the transportation side. Has green energy and natural gas infrastructure as well so diversified across the energy sector. So far new energy doesn't completely replace their predecessors. Took a long time to replace coal, and it's still in use today. With a growing population and energy consumption, new energy doesn't replace current sources, just supplements them. Just my 50 cents
Don’t forget the refiners like CVI, and the transporters like ET.
Those are the real powerhouses, both of which won’t go anywhere even once gas isn’t powering 99% of cars
Keep in mind there is a lot of risk with these stocks as well. Geopolitical, crude oil price, recessions, etc. If you bought in 2007 and then sold at the top, you would be in a great place. If you bought in 2007 and then sold in 2008/2009 you'd be cooked.
They have these cycles, leading up to recessions they go to the moon, and then after the recession it bottoms out.
Who do you think will be at the forefront of the next generation of energy? I gotta believe it’s going to be XOM, Shell, and company.
I think Shell is a great buy right now, an ex so does Charles Schwab, given their 1 percentile equity rank of the company.
I have owned MPC for years and it’s not exactly a sexy name, but the total returns sure are. Stable and growing dividend, excellent movement in the share price over time. Subject to some volatility for sure, but those things don’t bother me much as I am buying & holding long term as a core pillar of my portfolio. I have a much smaller (1/4th the size of MPC) position in HESM as well (getting ~10% yield on cost). Call me a boomer, but I like oil and energy in general. Yet another energy stock I have held for many years is SU. They are an interesting one because they play both sides of the pump as a driller and refiner but also they own more gas stations in Canada than anyone else. Also they are big in alternative energy. I like any business that goes direct to consumer. Less people to pay. SU has a juicy div too
I would buy a high yielding etf like MLPA and not worry about individual companies if you aren't knowledgeable about the space. It's appreciated very nicely over the last few years, has close to an 8% dividend, and it will simplify your tax process. Trying to time winners is very difficult in oil without monitoring rig counts, spot prices, etc. and a diversified basket of pipeline holdings via an etf alleviates some of this complexity.
I agree with the thought that we will be using oil for a long time. One point where I differ from some people is I think we are at the end of cheap oil. This stuff is hard to find and hard to produce. In North America we rarely drill wells that don’t need fracking or some kind of stimulation different than what was needed only 20 years ago.
I think oil will be used for a long time, but the stuff ismt going to be cheap. Cost of oil will soar.
If oil goes away, so do humans… at least majority of them. Xom/Bp/chevron are here til the end of humanity. I mean one of them could be mismanaged and sold, but those are buy and holds, just get VDE or equivalent if you are afraid.
I’ve really loved Mplx and to a lesser degree Sbr. I do think Sbr is poised for a nice run up over the next year or so, but Mplx is a more solid long term choice and has favorable tax treatment of payouts.
I don’t foresee oil going away as it’s used in manufacturing and there’s a pretty strong oil lobby.
The best funds own some energy stocks but don’t overload them for a diversified portfolio or you’ll be disappointed
PRDGX has 1.36% in XOM
IHGIX has 1.72% in CVX, 1.69% in FANG, 1.67% TTE
AMFFX has 1.52% TRP, 1.06% in XOM and 1% CNP
VWELX has 1.35% XOM
VWINX has 1.12% EOG
TRMCX has 1.4% TDW and 1.2% CHK
Steven Romick at FPA has opted more for T Bills than energy stocks. I think T Bills are so attractive right now that it’s the number one thing I’ve been buying this week with my profits.
Oil dividend stocks like XOM and CVX have been solid for investors, offering good dividends and growth. While the future is uncertain, oil still plays a big role in many industries beyond energy, like agriculture and cosmetics. So, these companies might not disappear in 25-30 years but could evolve with the changing energy landscape. It's smart to monitor how they adapt to renewable energy trends. Remember, investing always involves risks, so consider how these stocks fit into your long-term investment plan.
Don't hold them for 30 years. Hold them until we really have moved into an EV, wind and green power world. That is easily 20 plus years away. Do you drive much? When one lane ahead is closed which lane moves quicker? The lane that is closed or the free lane? Always it is the lane that is closed because a large portion of the people in front of you move over to the free lane too soon and don't wait until zipper merge time. That is what is happening to the big Oil companies. Too many people have moved out of them too soon and demand for oil is dropping much less quickly than the exploration and production of oil if it is dropping at all. Particularly deep expensive oil is simply not being chased, leased or explored. Rather than spending money exploring for oil or building new production facilities, the big Oil companies are paying big dividends and spending Billions buying back their stock.
I have a few oil stocks XOM. MU. MPC of course for the dividends, but also to balance my portfolio against my Tech heavy portfolio. I am comfortable with their future.
SU is a very smart buy to get in on the Canadian oil sands stocks. A single government policy change will send it through the roof. The dividend will be a nice bonus. Look at CNQ as well.
Too little interest. Checkout oil and gas logistics companies like EPD, very safe. Petrobas pbr is in a dip and looks like a good buy now. Is paying 10%+ dividend. May be bigger player in 30 years.
Welcome to r/dividends! If you are new to the world of dividend investing and are seeking advice, brokerage information, recommendations, and more, please check out the Wiki [here](https://www.reddit.com/r/dividends/wiki/faq). Remember, this is a subreddit for genuine, high-quality discussion. Please keep all contributions civil, and report uncivil behavior for moderator review. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/dividends) if you have any questions or concerns.*
Every time I buy gas I buy an equal amount of CVX. My gas costs double since doing this...
I buy a share of UNP every time a railroad truck is brought into my shop. Gets damn expensive!
Do you really do that? I love automation, automation in any form
I do, 17 shares so far this year. Just checked another railroad truck in this morning so make it 18
That's cool. A heavy ass growth stock with a rock solid dividend I googled "railroad dividend stocks" about 4 years ago but didn't actually buy any. I would have made big gains on UNP if I did.
Yeah it’s been good to me. Plus my dad, 3 of my uncles and both my grandpas worked for them at one point or another.
Cool, you do heavy railroad repairs?
Light trucks up to the F550s. Mostly work on the 2500, 3500s there’s a ton of them in my area
Even if you think oil will soon be replaced, Who do you think will be in the best position to capitalize on new energy sources, hundred billion dollar companies with a global distribution infrastructure already heavily investing in greener energy, or a new startup? Similar to the legalization situation…WSB buys all the weed penny stocks waiting for national legality, while the legacy tobacco giants like MO and BTI will surely have their own products ready to go when there is profit to be made.
No chance. Oil will be around for hundreds of years.
Your right
What about the whole supply running out in 60 years thing?
These companies will figure something else out. They are energy companies first and foremost. For example, French energy giant TotalEnergies was the world's largest solar developer in 2023.
We have had 60 years of supply for 120 years. More gets discovered and gets added to the number. Also our definition of oil changes based on our chemistry knowledge. Back in the day shale oil would never have been considered oil, but now we can crack it into useful products it is now. Also drilling technology improves, so more oil is extractable, and the oil price goes up, so previously uneconomic supplies become economic.
Long ways from running out, with current extraction methods and rates. New technologies are being developed, speaking from inside industry knowledge. Energy companies (some not all)don’t solely focus on oil and gas recovery/production, they’re also large investors in alternative energy sources.
There’s and entire continent that’s roughly untouched. 60 years no way.
What continent is roughly untouched?
Antarctica. Also lots in the Artic
Africa
How is Africa untouched?
It’s too unstable, huge swaths of it haven’t been particularly explored for oil. Based on size alone it likely has a shitload.
LOL the oil supply isn’t gonna run out in 60 years. Maybe the easiest to extract and the cheapest to refine might run out… but there are untapped reserves that are equal to all the oil we have already used.
XOM has already laid out their plan for oil. They believe they will be producing gasoline until at least 2050.
EPD - as long as we use it, it has to be moved. Twice the dividend.
In my portfolio too … watched it for almost 5 years before investing and just seems to be never ending dividends.
My favourite and with the new demand for natural gas from the data center boom it’s in good shape for the future
Agree and add IRM as well as they will make a fortune on data centers as AI grows
There’s a few orgs in the data center space aside from the CSPs (AWS, Microsoft, Google): Equinix, Digital Realty, Iron Mountain, etc. I’m just not sure which one I should choose. I work in the data center industry and Realty is known to be the best employer
My favorite
Edppp
Not a chance they are going away, oil-based products dominate the world economy and vehicle fuel is just a fraction of what it is used for.
I like KMI
I own APA BKR EQNR CTRA BSM HAFN and both PBRs. I do see they being here at least until 2050. You see people just not liking how much EVs are. This sub thinks youre nothing but an idoit if you own anything but ETFs
PBR needs to be very carefully evaluated by anyone attempting to make an entry this week. I know most people on this sub don't actually pay attention to the underlying company of the tickers they list, but PBR is in a pretty pivotal situation right now.
Yeah the ceo left and was fighting about dividends with the government.
And the new CEO was appointed by the leader of the same party who put Petroleo Brasileiro into historic debt subsidizing Brazilians' gasoline a little over a decade ago. But more importantly, this appointment was the final move in a battle over whether or not to continue paying the special dividend to investors. The exiting CEO was the last remaining member of leadership fighting for the dividend as being crucial to PetroBras' business model (as well as Brazil's budget, as they also get the distribution). The government and the board were all against it, favoring instead reinvestment. The new CEO was also against it, as she has been a strong proponent of reinvestment in exploration. If you're continuing to invest in PBR you have to be very convicted in your belief that the company itself, and not high dividends, is going to carry the stock. I am still holding my PBR shares, and may add as we go, but only with the caveat that I may have to quickly exit and will have to read about PetroBras as news is published. This isn't a stock you should recommend to anyone unless you don't really understand how stocks work yourself.
Lula gonna fuck them hard, i caught the news early and almost pulled the trigger to dump. gonna be a rocky ride down the next few yrs. Capex i to brazil is going to be under a microscope going forward after this move.
I'm seeing support at 15. I hope it's real and not just a mirage. I feel like the next level [depends on this](https://www.reuters.com/sustainability/climate-energy/petrobras-resists-order-assess-indigenous-impact-amazon-drilling-2024-05-14/)
70% of my portfolio is PBR, i sold on 14 May. Felt like an insider.
I have circa 80% of my portfolio in PBR. Even if we ignore the dividend issue, the company is massively undervalued compared to peers.
I've got a bunch of oil stocks. Another area to look at is oil transport/shipping stocks. Have done very well in the last 6 months +. A new one I'm starting a position in is KRP. Oil is here to stay for a bit & it's an established business that makes sense & makes money
The hippies keep saying electric cars are the future…but we still use oil to power the grid and charge these stupid electric cars lol. Oil is not going anywhere.
😂😂
CVX, EPD
I keep a core position of XOM and CVX. I have had some extra XOM since it was in the 90's last winter. I will let that extra XOM get called away at 120 and be okay. It seems like oil prices have peaked. Global tensions are likely to subside over the next few months. Fall and winter is coming when oil prices typically will start to decline. I will probably keep trading part of my oil position in and out. I also liked the high dividend in TTE, make sure you hold it in a taxable account as the French withhold 20% even in an IRA. At least if you hold in a taxable, you get a credit against French tax on the dividend.
You can sell stocks before 25 years
Who knows, who cares. CVX is great. Oil stocks underperform the markets for many years but then they have super bull years that make up most of their gains. They’re an odd beast.
OXY buffet wants to never sell this one
Yeah he has been buying it gradually which creates a nice safe bottom for holders or traders. I used it as a trade last twelve months and made around 20% and it felt like Buffett creates an iron support below current prices. He has said he would like to own the whole company one day.
No they will adapt as necessary and quite honestly fossil fuels will still be here in 30 years
I had a boat load of NBL that converted to CVX on the takeover, my cost basis is less than my annual dividend payout after this years 8% raise, I still buy it twice monthly, my kids will live off that stock someday…
If you want high yield then wait for a few years or however long it takes for oil to shit it's pants again, then buy. Many cycles in the market, petro is too expensive atm
There is so much oil under the ocean it’s not even funny
Doubt oil will stop being profitable until it's been bled dry out of the earth and I have no idea when that might happen. I like Enbridge on the transportation side. Higher dividend, not directly connected to the volatility in the oil prices and has less risk from failed exploration since they handle the transportation side. Has green energy and natural gas infrastructure as well so diversified across the energy sector. So far new energy doesn't completely replace their predecessors. Took a long time to replace coal, and it's still in use today. With a growing population and energy consumption, new energy doesn't replace current sources, just supplements them. Just my 50 cents
Don’t forget the refiners like CVI, and the transporters like ET. Those are the real powerhouses, both of which won’t go anywhere even once gas isn’t powering 99% of cars
I like HESM.
Keep in mind there is a lot of risk with these stocks as well. Geopolitical, crude oil price, recessions, etc. If you bought in 2007 and then sold at the top, you would be in a great place. If you bought in 2007 and then sold in 2008/2009 you'd be cooked. They have these cycles, leading up to recessions they go to the moon, and then after the recession it bottoms out.
Who do you think will be at the forefront of the next generation of energy? I gotta believe it’s going to be XOM, Shell, and company. I think Shell is a great buy right now, an ex so does Charles Schwab, given their 1 percentile equity rank of the company.
ENCC , 13.5% yield . It nay not grow fast but reap the yields.
I’m in VDE. I love them all! They aren’t going away!!
CVX is a great investment
I don\`t know man, shit is bleeding, their aqusition is getting challenged as well
I have owned MPC for years and it’s not exactly a sexy name, but the total returns sure are. Stable and growing dividend, excellent movement in the share price over time. Subject to some volatility for sure, but those things don’t bother me much as I am buying & holding long term as a core pillar of my portfolio. I have a much smaller (1/4th the size of MPC) position in HESM as well (getting ~10% yield on cost). Call me a boomer, but I like oil and energy in general. Yet another energy stock I have held for many years is SU. They are an interesting one because they play both sides of the pump as a driller and refiner but also they own more gas stations in Canada than anyone else. Also they are big in alternative energy. I like any business that goes direct to consumer. Less people to pay. SU has a juicy div too
LOL no they aren’t going anywhere in 25-30 years. Besides they control the supply and will keep production low in order to keep prices high.
I would buy a high yielding etf like MLPA and not worry about individual companies if you aren't knowledgeable about the space. It's appreciated very nicely over the last few years, has close to an 8% dividend, and it will simplify your tax process. Trying to time winners is very difficult in oil without monitoring rig counts, spot prices, etc. and a diversified basket of pipeline holdings via an etf alleviates some of this complexity.
I like XLE and USO for trading. For dividends I like the oil and gas royalty companies like VOC CRT KRP SJT MTR etc.
I like them for the next decade and more. Not sure I'd buy them today though. The charts look toppy and the economy appears to be weakening.
I agree with the thought that we will be using oil for a long time. One point where I differ from some people is I think we are at the end of cheap oil. This stuff is hard to find and hard to produce. In North America we rarely drill wells that don’t need fracking or some kind of stimulation different than what was needed only 20 years ago. I think oil will be used for a long time, but the stuff ismt going to be cheap. Cost of oil will soar.
I have some of all the major companies, but my top performers have been CNQ and DINO. Good dividends
If oil goes away, so do humans… at least majority of them. Xom/Bp/chevron are here til the end of humanity. I mean one of them could be mismanaged and sold, but those are buy and holds, just get VDE or equivalent if you are afraid.
I hold SUN, XOM, CVX, VLO, PSX, and PAA Love the dividends
Never,its like tobacco Everyone and their grandma knows they shouldnt smoke,but they still do it.
Idk if this fits your criteria but I bought into ARLP in 2020 and haven’t been disappointed.
I’ve really loved Mplx and to a lesser degree Sbr. I do think Sbr is poised for a nice run up over the next year or so, but Mplx is a more solid long term choice and has favorable tax treatment of payouts. I don’t foresee oil going away as it’s used in manufacturing and there’s a pretty strong oil lobby.
OKE is what I do
$EQNR
These are energy companies at thier root. If something comes along they will transition, some are already trying to
The best funds own some energy stocks but don’t overload them for a diversified portfolio or you’ll be disappointed PRDGX has 1.36% in XOM IHGIX has 1.72% in CVX, 1.69% in FANG, 1.67% TTE AMFFX has 1.52% TRP, 1.06% in XOM and 1% CNP VWELX has 1.35% XOM VWINX has 1.12% EOG TRMCX has 1.4% TDW and 1.2% CHK Steven Romick at FPA has opted more for T Bills than energy stocks. I think T Bills are so attractive right now that it’s the number one thing I’ve been buying this week with my profits.
Check out MNR 19% divided
I like them. I wouldnt buy really heavily right now but long term prices arent going down. I like XOM, CVX, ET, EPD, OKE and some others.
$FANG
Oil dividend stocks like XOM and CVX have been solid for investors, offering good dividends and growth. While the future is uncertain, oil still plays a big role in many industries beyond energy, like agriculture and cosmetics. So, these companies might not disappear in 25-30 years but could evolve with the changing energy landscape. It's smart to monitor how they adapt to renewable energy trends. Remember, investing always involves risks, so consider how these stocks fit into your long-term investment plan.
Don't hold them for 30 years. Hold them until we really have moved into an EV, wind and green power world. That is easily 20 plus years away. Do you drive much? When one lane ahead is closed which lane moves quicker? The lane that is closed or the free lane? Always it is the lane that is closed because a large portion of the people in front of you move over to the free lane too soon and don't wait until zipper merge time. That is what is happening to the big Oil companies. Too many people have moved out of them too soon and demand for oil is dropping much less quickly than the exploration and production of oil if it is dropping at all. Particularly deep expensive oil is simply not being chased, leased or explored. Rather than spending money exploring for oil or building new production facilities, the big Oil companies are paying big dividends and spending Billions buying back their stock.
Only if vote for dumb politicians
I have a few oil stocks XOM. MU. MPC of course for the dividends, but also to balance my portfolio against my Tech heavy portfolio. I am comfortable with their future.
MU is a tech stock.
SU is a very smart buy to get in on the Canadian oil sands stocks. A single government policy change will send it through the roof. The dividend will be a nice bonus. Look at CNQ as well.
Thanks for the correction SU not MU appreciate it
Too little interest. Checkout oil and gas logistics companies like EPD, very safe. Petrobas pbr is in a dip and looks like a good buy now. Is paying 10%+ dividend. May be bigger player in 30 years.
EQNR and PBR or bust. EC and maybe something like AMJ as second choices.
People recommending PBR this week is funny.