Better Dividend Stock: Chevron vs. ConocoPhillips
The energy sector is inherently volatile. Dividend investors would be forgiven if they sidestepped such commodity-driven stocks. But energy is vital to the world's economy and you should probably have some exposure to energy stocks in your portfolio. There are different ways to go about that, with (NYSE: CVX) and (NYSE: COP) highlighting two approaches you might take. Here's how to decide which one is a better choice for you.
The energy sector is generally broken down into three broad segments. The upstream is where oil and natural gas are produced. The midstream is responsible for moving oil and natural gas around the world, usually charging fees for the service. And the downstream takes oil and natural gas and turns it into other things, like chemical and refined products.
Source Fool.com
ConocoPhillips Stock
The stock is an absolute favorite of our community with 62 Buy predictions and no Sell predictions.
With a target price of 101 € there is a positive potential of 24.09% for ConocoPhillips compared to the current price of 81.39 €.
