From Nasdaq: 2024-11-22 15:00:00

The Oil/Energy market is volatile, with Brent crude settling at $74.23 and WTI at $70.10 per barrel. Concerns over global demand, Chinese stimulus, and a strong dollar weigh on prices. OPEC+ production increases could further depress prices. High-yield large-cap stocks like CNQ, CVX, and KMI offer stability and dividends for investors.

These large-cap energy companies, CNQ, CVX, and KMI, are financially strong and widely covered by analysts. Their regular dividend payments make them attractive to income-focused investors. While they may not have the growth potential of smaller firms, they offer price stability, making them ideal for a steady investment approach.

Canadian Natural Resources (CNQ) is a major player in Canada’s energy sector with a market cap of $71.3 billion. It beat earnings estimates in three of the last four quarters and offers a dividend yield of 4.5%. Chevron (CVX), based in San Ramon, CA, with a market cap of $289.9 billion, has a 4% dividend yield. Kinder Morgan (KMI) is a Houston-based energy infrastructure provider valued at $62.2 billion with a 4% dividend yield.

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Read more at Nasdaq: It’s Time to Look at 3 High-Yield Large-Cap Energy Stocks