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3 Top Oil Stocks to Buy in May

TheMotleyFool

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Oil prices have fallen through the floor this year, briefly crashing into negative territory. While crude has bounced back a bit from its bottom, at around $20 a barrel it's not profitable for most producers these days, and many more oil companies could plunge into bankruptcy over the coming months. That makes most oil stocks too risky to buy these days.

However, there is one sub-sector in the oil market that should make it through this downturn relatively unscathed: top-tier pipeline companies, which are ideal options for investors looking for some oil exposure this month. Topping the list of buy-worthy pipeline companies are TC Energy (NYSE: TRP), Enbridge (NYSE: ENB), and Kinder Morgan (NYSE: KMI).

Image source: Getty Images.

Source Fool.com

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