Looking at Oil Stocks for Dividends? This Expert Offers a Safer Alternative
2020 was one of the worst years for the oil industry in history. A massive crash in oil demand, along with Saudi Arabia and Russia's saber-rattling last spring over market share, combined to crash oil prices and wipe out tens of billions of dollars in profits and investor value.
Things have improved, however, and many investors, especially those looking for value, or for stable dividends, are looking at the oil patch as a possible place to invest. Is that a smart move for retail investors to make? On an Oct. 29, 2020, Motley Fool Live Q&A session, "The Wrap" host Jason Hall addressed that exact question. His take: Despite the improvements, there's still a lot of risk in the oil patch, and dividend investors would be better off to look at the future of energy and infrastructure instead.
Source Fool.com
