Chevron & Enterprise: Stable Energy Dividends
Business & Finance News Today | 2 Min News | The Daily News Now! · The Daily News Now!
Audio is streamed directly from the publisher (api.fastcast.ai) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Chevron and Enterprise Products Partners: Stable Energy Plays for Retirement Income
Chevron, a global oil and gas giant, offers a 3.6% forward yield and a 39-year dividend growth streak. With projects in the Gulf of Mexico, Australia, and Guyana, it aims for 2-3% annual oil growth. Trading at 22x next years earnings, its a fair deal for stable income.
Enterprise Products Partners, a midstream MLP, provides a 5.8% yield and has increased distributions for 28 years. With Permian Basin expansions, it expects 8% annual earnings growth. At 12x next years earnings per unit, its a bargain for steady energy income without price volatility.
Support the show:
Get a discount at https://solipillow.com/discount/dnn.
Advertise on DNN:
[email protected]
This is an automated, high-level news summary based on public reporting.
Report issues to [email protected].
View sources & latest updates:
https://sources.thednn.ai/88c00ae4a8bca907