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
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