Better Oil Stock: ExxonMobil or Enbridge?
Oil prices can be excruciatingly volatile. In 2020, oil prices cratered as the pandemic ground the global economy to a halt. Today, crude oil is approaching triple digits as the economy rebounds.
This volatility can make it hard for investors to decide what type of oil stock is better, an oil producer like ExxonMobil (NYSE: XOM) or an oil infrastructure company like Enbridge (NYSE: ENB). Here's a closer look at which type of investors might be suited for each stock.
Image source: Getty Images.
Source Fool.com
