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18.04.2025 09:34:00

2 No-Brainer High-Yield Energy Stocks to Buy With $2,000 Right Now

There are different segments of the broader energy sector, and each operates a little differently from the others. If you're a conservative dividend investor looking for an energy stock, you probably wouldn't want to put $2, let alone $2,000, into one of the higher-risk segments of the energy sector.That's why Devon Energy (NYSE: DVN) and its current 3.4% yield shouldn't interest you. However, the two energy giants below, and their above-market yields, should.Devon Energy operates in the upstream part of the oil indutry, which means it mainly drills for oil and natural gas. It does that in the U.S. market, which further focuses its business. It isn't inherently a bad thing to be an upstream company, but it leaves Devon Energy's top and bottom lines almost totally reliant on the ups and downs of oil and natural gas prices. As you might expect, its stock price tends to move dramatically, tracking the prices of the commodities it produces.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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