3 Top High-Yield Oil Stocks to Buy in September
There's a major fault line running through the U.S. oil and gas sector, and I'm not talking about geology here. Simply put, Devon Energy (NYSE: DVN), Vitesse Energy (NYSE: VTS), and Chord Energy (NASDAQ: CHRD) are trading on lowly valuations and colossal dividend yields because investors are pricing in Bakken oil field assets at a discount to other assets such as in the Permian Basin. However, all three stocks now trade on attractive valuations and are worth picking up.
Here's a look at the top five oil-producing regions in the U.S. to get a sense of why investors favor the Permian over other assets.
Region
Source Fool.com
