There's one vital aspect of the energy sector that you can't ignore -- oil and natural gas prices are highly volatile. That means you have to go in with your eyes open to the risks, even when energy prices are strong. But income investors don't have to fret since there are multiple ways to collect dividends in the energy space and one will probably suit you regardless of your risk appetite.

Here's why you'll want to take a close look at Enterprise Products Partners (NYSE: EPD), Chevron (NYSE: CVX), and Devon Energy (NYSE: DVN) as May gets under way.

The energy sector is broadly broken down into three segments: the upstream, which deals with oil and gas production; the downstream, which involves refining and chemicals; and the midstream, which connects the upstream to the downstream.

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Source Fool.com