3 High-Yield Energy Stocks That Are Distributing Massive Payouts to Investors
With the 10-year Treasury rate now at 4.5%, investors should demand more from their income stock investments. After all, if a company offers little growth and a much lower yield than the risk-free rate, then the risk might not be worth taking.
Midstream companies Enbridge (NYSE: ENB) and Kinder Morgan (NYSE: KMI) yield 7.7% and 6.8%, respectively, while Diamondback Energy (NASDAQ: FANG) offers investors a low ordinary dividend yield but plenty of upside from a variable dividend and high oil and gas prices. Here's why three fool.com contributors believe these energy stocks are worth buying now.
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Source Fool.com
Diamondback Energy Stock
The stock is one of the favorites of our community with 55 Buy predictions and 1 Sell predictions.
With a target price of 189 € there is a slightly positive potential of 2.18% for Diamondback Energy compared to the current price of 184.96 €.