Get Paid While You Wait: 3 Top Dividend Stocks in Energy
The world is in a state of turmoil as people look to contain the spread of COVID-19, and one of the worst-hit industries is energy. But don't run for the hills. There are some interesting companies in the sector that have what it takes to survive this rough patch. They will likely thrive when this situation eventually passes. For those with a little moxie, it may actually be a good time to look at energy stocks Chevron Corporation (NYSE: CVX), Enterprise Products Partners (NYSE: EPD), and Total SA (NYSE: TOT).
Chevron is one of the largest and strongest integrated energy companies on the planet. The best example of the company's strength is its rock-solid balance sheet, where financial debt to equity sits at roughly 0.25 times -- the lowest among its closest peers. Moreover, like its peers, Chevron's business spans from the upstream (drilling) space through to the downstream (chemicals and refining) sector, providing diversification to its business. To be fair, everything the company does is facing headwinds at the moment, since demand across the spectrum has fallen as countries basically shut down to slow the spread of COVID-19.
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Source Fool.com
