Phillips 66 Partners LP

Energy stocks

Promising energy shares include companies with high capitalization, decent dividends, as well as brands with a long history. But do not forget about the growth of alternative energy – players from this sector are less dependent on oil prices, and the demand for their products is getting higher.

1. Phillips 66 Partners LP [NYSE Psxp]

PSXP is a mid-level oil and gas company that transports, stores and processes fossil fuels. It owns and leases pipelines, so it is less dependent on fluctuations in oil prices. Phillips 66 Partners is a sustainable asset that should feel good in the future, although it is now suffering a bit from oil sales. PSXP investors receive a dividend income of 7.54%.

2. MPLX LP [NYSE: MPLX]

MPLX is a company founded in 2012, which operates in two segments: logistics and storage, collection and processing. The “logistics and storage” segment includes the transportation and storage of crude oil and petroleum products. The collection and processing segment deals with natural gas. MPLX expands its operations in well-known North American sources: Marcellus, the Perm basin, and the South-Central oil province of Oklahoma. MPLX shareholders get good dividends of 8.45%.

3. Occidental Petroleum [NYSE: OXY]

The energy shares of this company were named one of the best for dividend investors by the U.S. website. News. Unlike some mid-level players mentioned here, OXY is a typical energy asset. This is a Houston oil and gas exploration and production company..
The success of Occidental, founded in 1920, is not accidental: the company takes all precautions to protect itself from recessions. A plan has recently been implemented to break even on a barrel to $ 40. It gives OXY the flexibility that many competitors would envy. Occidental Petroleum’s stability is supported by its subsidiaries in the chemical sector: OxyVinyls, OxyChem and INDSPEC Chemical Corporation.

4. Exxon Mobil Corp. [NYSE: XOM]

Exxon is the largest oil and gas company on the planet. Its capitalization exceeds $ 228 billion. Exxon is a vertically integrated company with a balanced business model, which makes it less dependent on price dynamics..

In 2017, oil and natural gas production brought XOM about 57% profit. But in case of negative dynamics in this direction, the corporation will be reinsured by the sectors of the petrochemicals, refining and sales of petroleum products. The chemical division produces goods that are used in everyday life: packaging film, automotive parts and polyester fiber. With such robust diversification and dividends of 4.8%, XOM remains an excellent asset for long-term investment..

Exxon Mobil oil and gas products have become an important part of some of the events in history. In 1903, the Wright brothers used company lubricants on their aircraft during their first flight to Kitty Hawk, North Carolina..

5. Renewable Energy Group [NASDAQ: REGI]

The Renewable Energy Group is a modest company that costs $ 1 billion. However, it is a large North American producer of diesel fuel from biomass. In 2018, REGI energy shares gained a sharp increase (more than 2 times), while this was not the case with other players in the sector.

Renewable energy is used more and more often. This stimulates demand and creates “healthy” conditions for the company. Most likely, REGI will not just gain a foothold at the current level, but will become even more expensive in 2019.

6. Pattern Energy Group [NASDAQ: PEGI]

Pattern Energy Group – specializes in the production of green energy through wind and solar stations. This year, the company reduced costs, got rid of debts and normalized financial performance after active acquisitions of the last five years. All this contributed to an increase in dividends to 8.67%..

According to the report for the third quarter of 2018, PEGI didn’t reach the plans for revenue of approximately $ 5 million ($ 118.4 million instead of $ 123 million). Net loss amounted to $ 31.547, which is 35% less than the same period last year. Despite this, the company continued to increase dividends – now the yield is an impressive 9.2%.

7. NRG Energy [NYSE: NRG]

This company generates energy through renewable resources. It has about 100 power plants in 11 US states. Technically, it can be attributed to the communal sector, but it is engaged in production, which means it has the right to be in our ranking. In 2018, it acquired XOOM Energy, expanding its retail consumption audience to approximately 3 million customers. Dividends of the company are not as high as those of other enterprises on the list. They equal 0.31%.

8. Legacy Reserves Inc. [NASDAQ: LGCY]

Legacy Reserves is a corporation with many oil and gas wells in the Perm Basin and East Texas. In the third quarter of the year, LGCY increased production by 31% compared to the previous similar period. 7 horizontal wells were commissioned in the Perm field per quarter, and 36 – per year.

9. Enable Midstream Partners [NYSE: ENBL]

Enable Midstream Partners is involved in the collection, processing, transportation, storage of natural gas and oil. ENBL serves the largest pools and shale formations in the United States. Among them are Anadarko, Ark-La-Tex and the Bakken Formation..

More than 50% of the shares are held by insiders. This means that the interests of shareholders fully coincide with the position of those who manage the company. ENBL benefits include dividends of 9.4%.

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