If You Like ExxonMobil, Then You'll Love These 2 High-Yield Energy Majors
ExxonMobil (NYSE: XOM) is outperforming the S 500 and the energy sector so far this year. Brent crude oil prices (the international benchmark) are up 10.9% year to date. So, you may think that other energy majors would be keeping pace with Exxon, but this hasn't been the case.
Chevron (NYSE: CVX) and Norwegian giant Equinor (NYSE: EQNR) are underperforming the S 500. Here's why Exxon, as well as these two high-yield energy majors, are worth a closer look, and why Chevron and Equinor could be even better passive income plays than Exxon right now.
Source Fool.com
Equinor ASA ADR Stock
The community is currently still undecided about Equinor ASA ADR with 1 Buy predictions and 0 Sell predictions.
As a result the target price of 38 € shows a very positive potential of 55.1% compared to the current price of 24.5 € for Equinor ASA ADR.