Forget Big Oil, These 3 Stocks Are Better Energy Investments
Big oil has seen better days. Shares of giant oil companies like ExxonMobil, BP, and Shell have lost more than 50% of their value over the last decade on average. Conditions have gotten so bad in the oil patch that BP plans to pivot away from the sector toward renewable energy. Because of that, big oil doesn't hold the investment appeal that it once did.
That's why investors should to start looking elsewhere if they want exposure to the energy sector. Three much better alternatives these days are pipeline giant Enterprise Products Partners (NYSE: EPD), and utilities Dominion Energy (NYSE: D) and NextEra Energy (NYSE: NEE). Here's why we think they have a much brighter future than big oil.
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Source Fool.com
