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Author Bio
Reuben Gregg Brewer believes dividends are a window into a company s soul. He tries to invest in good souls.
Share prices for U.S. steel giant
Nucor (NYSE:NUE) are up around 30% so far in 2021. That s a nice number, given that the
S&P 500 Index is only up around 5.6% over the same timeframe.
But does this impressive run make Nucor a buy? Here are four things to consider about this company before you pull the trigger.
1. Nucor is an industry leader
Nucor lays claim to being the largest and most diversified steelmaker in the United States. It has the No. 1 or 2 positions in 11 steel categories and is the nation s largest recycler (scrap is a key steelmaking input for the company). Its 25 mills have the capacity to create 27 million tons of steel a year.
Enterprise Products Partners (NYSE:EPD). Though these stocks could be a bit volatile in the short term, they can generate solid dividend income in the long run along with decent capital appreciation. Let s see why each of these stocks makes a great addition to your dividend portfolio.
Chevron
A Dividend Aristocrat, Chevron is right now the most attractive stock among integrated oil and gas majors. It easily beats its top peers in terms of balance sheet strength, and boasts the lowest debt-to-equity and debt-to-capital ratios among its peers.
Data by YCharts.
Like its peers, Chevron incurred a loss last year. Low oil and gas prices impacted the company s upstream performance, while lower gasoline demand dented its downstream earnings. Despite the challenges, Chevron s production rose 1% to 3.08 million oil-equivalent barrels per day in 2020. The company also added 832 million barrels of net oil-equivalent proved reserves during the year, contributed by Noble Energy acquisition and
Author Bio
Reuben Gregg Brewer believes dividends are a window into a company s soul. He tries to invest in good souls.
The 2020 energy industry downturn, caused largely by demand declines stemming from the coronavirus pandemic, appears to have marked a turning point for industry giant
BP (NYSE:BP). It now has big plans to shed its old focus on oil and natural gas and shift in a cleaner direction. On the surface that sounds great, and is definitely in line with the clean energy zeitgeist but investors shouldn t go along for this journey blindly. Here s some important background, and three charts you need to consider.
Author Bio
Matthew is a senior energy and materials specialist with The Motley Fool. He graduated from Liberty University with a degree in Biblical Studies and a Masters of Business Administration. You can follow him on Twitter for the latest news and analysis of the energy and materials industries: Follow @matthewdilallo
Oil prices have been on fire this year, surging by more than 25% and recently topping $60 a barrel. This year s surge has pushed crude oil pricing back above its pre-pandemic levels. Meanwhile, oil s run might not be done since OPEC and other producers are keeping a tight lid on supplies at a time when demand is starting to recover.