If you're looking for a dividend stock that pays a high yield, energy may be one to consider. With crude prices at an all-time high, energy is a good investment choice. The energy industry has been a solid bet for many investors, and there are plenty of stocks to choose from.
Exxon Mobil Corporation - XOM
The Exxon Mobil Corporation - stylized as ExxonMobil - is an American multinational oil and gas corporation headquartered in Irving, Texas. It is the largest direct descendent of Standard Oil founded by John D. Rockefeller. In the 1960s, it merged with Mobil to form Exxon Mobil. The company's name was derived from the names of two of its subsidiaries, Exxon and Mobil.
This publicly traded oil and gas company is engaged in exploration, production, transportation, and sale of crude oil, natural gas, and petroleum products. Listed below are the five most popular ETFs that include Exxon Mobil Corporation. Click on any ETF symbol for a breakdown of its holdings. You can also view a complete list of the 188 ETFs that hold this stock.
Alliance Resource Partners - APLR
In my view, the biggest positive for shareholders in Alliance Resource Partners - APLR - is its recent dividend increase. However, the company has been struggling in the coal business lately. It recently cut its distribution from $0.54 to $0.40 a unit. To help the company overcome this difficulty, the company is focusing on expanding into natural gas. However, despite its growth, the company's long-term outlook remains cloudy.
The company's operations are categorized into four segments. The Illinois Basin segment consists of underground mines located in Illinois and Indiana; the Appalachia segment consists of the Mettiki, Tunnel Ridge, and MC Mining complexes; and the Other and Corporate segment consists of certain activities. The Company operates through four segments: Illinois Basin, Appalachia, and the Midwest. The Illinois Basin segment consists of the Dotiki, Gibson, and Gibson south mining complexes; the Appalachia segment includes the MC Mining and Pontiki mining complexes.
TC Energy Corporation - TRP
TC Energy Corporation (TSX:TRP) is a North American major energy company based in Calgary, Alberta, Canada. The company focuses on the development of energy infrastructure in Canada, the United States, and Mexico. It operates three core businesses: Natural Gas Pipelines, liquid pipelines, and energy. While these are the company's most profitable sectors, they're also the most risky. Nevertheless, investors should consider TC Energy Corporation's strong track record to date.
TC Energy is a leading energy infrastructure company in North America. The company operates through pipelines in the United States, Canada, and Mexico. It also owns a portion of the Keystone Pipeline system and owns various natural gas pipeline networks. This gives the company significant control over natural gas transportation, which is one of the main segments of the company. Moreover, TC Energy has an extensive pipeline network that transports natural gas from supply basins to local distribution companies in the United States and Mexico.
The Williams Companies - WMB
The Williams Companies, Inc. is an American energy company based in Tulsa, Oklahoma. The company operates both in the petroleum and electricity generation sectors. The company is a Fortune 500 company with assets in the United States, Canada, and Mexico. You can learn more about the company by reading about its stock and history. The Williams Companies is a Fortune 500 company. It is a Fortune 500 company because it has a diverse portfolio of oil and gas assets.
The Williams Companies has an impressive financial position, as its price-to-book ratio is higher than the US Oil and Gas industry average. The company's cash flow coverage is a reasonable 3.4 times and is well-diversified geographically. This is a good combination for a dividend investor. The Williams Companies are also a good choice for growth investors. Their dividend yield is 6.9%. The company generates revenues primarily from fee-based services.
Equitrans Midstream Corporation - ETRN
The company is based in Canonsburg, Pennsylvania and is involved in the transportation of natural gas liquids. It has been in business for over one hundred and thirty years and provides a rewarding work environment that enriches the communities it serves. Its operations are focused on gas transmission and gathering, water services, and other midstream services for the development of natural gas and other fossil fuels in the Appalachian Basin.
Its assets are divided into three segments: gathering systems, transmission systems, and storage. Gathering systems comprise 1,130 miles of high-pressure gathering lines, nine10 miles of low-pressure gathering lines, and 950 miles of FERC-regulated interstate pipelines. The Transmission and Storage System segment connects to seven interstate pipelines and local distribution companies. This helps the company generate more cash for its shareholders.