Forget Oil Stocks, Buy These 3 Energy Stocks Instead
For decades integrated oil giants had been seen as reliable dividend payers providing a product that the world couldn't live without. Now, however, it is pretty clear that oil's dominance of the world's energy markets is slowly coming to an end. If that has you thinking beyond oil, here are three dividend-paying energy stocks that might be a good fit for you.
Not so long ago, Dominion Energy (NYSE: D) had an upstream energy exploration and production business, but it jettisoned that. It also owned midstream assets in the pipeline space, but those recently got sold, too. Now Dominion is largely a boring utility stock. That's not such a bad thing, even though the midstream sale came with a 33% dividend cut given the size of the division.
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