5 Top Energy Dividend Stocks to Buy in May
Crude oil and natural gas prices have risen sharply in recent months, boosting the performance of oil and gas companies. Strong quarterly results, as well as climbing oil and gas prices, have contributed to a steep rise in the prices of energy stocks.
Still, there are stocks in the energy sector that offer handsome dividend yields right now. Let's look at five such top stocks -- Kinder Morgan (NYSE: KMI), Enbridge (NYSE: ENB), ONEOK (NYSE: OKE), MPLX (NYSE: MPLX), and Enterprise Products Partners (NYSE: EPD).
A confluence of numerous factors has been driving oil and gas prices higher. The ongoing Russia-Ukraine war has substantially increased uncertainty about future supplies from Russia -- a leading oil and gas producer. This heightened uncertainty has worsened the already bad demand-supply equation in the global oil markets.
Source Fool.com
