3 Dividend Stocks For The Oil Price Supercycle

Dec. 13, 2022 9:30 AM ETDVN, PXD, XOM81 Comments

Summary

  • As we head into the last weeks of this year, I start this article by providing my longer-term oil price outlook based on factors limiting supply growth.
  • On top of political pressure, oil companies are dealing with unfavorable valuations impacting drilling conditions and inventory challenges.
  • I present three of my all-time favorite oil and gas stocks, which offer investors great income and capital opportunities.

Oil barrels on stack of golden coins. Growth rise of oil stock prices.

Bet_Noire

Introduction

It's time to do two important things. First, we'll discuss oil market fundamentals. Most of my readers know that I have covered oil supply worries a lot since 2020. These worries are a major reason why oil did so well this

This article was written by

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Leo Nelissen is an analyst focusing on major economic developments related to supply chains, infrastructure, and commodities. He is a contributing author for iREIT®+HOYA Capital.

As a member of the iREIT®+HOYA Capital team, Leo aims to provide insightful analysis and actionable investment ideas, with a particular emphasis on dividend growth opportunities. Learn More.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of XOM, CVX, VLO, PXD, DVN either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

This article serves the sole purpose of adding value to the research process. Always take care of your own risk management and asset allocation.

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DVN--
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PXD--
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XOM--
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