2 interesting energy companies with ultra high dividend
The energy sector is known for its high dividends. Some companies even boast a dividend that falls into the "ultra" category. However, not everything is so rosy and some of the risks that this sector poses must also be taken into account.
The oil and energy sector faces a number of specific risks arising from the nature of its business and its dependence on volatile global energy supplies. One of the most significant challenges is the high level of political and regulatory risk, as oil and energy prices are heavily influenced by government policies, taxes and quotas.
Oil and energy companies also face significant geopolitical risk, as part of the world's energy supplies are located in volatile or geopolitically sensitive regions where conflicts can erupt and disrupt supplies.
Another significant risk is the high volatility of oil and energy prices, which requires sophisticated management systems and hedging against price fluctuations.…
$ET is LP. 🤮 $ENB is 💯!
For me Enbridge for sure, I have been counting it in my divi portfolio for a long time.
I'm probably more pro ET here, but overall I prefer even bigger companies in that sector like XOM. The energy sector is at a crossroads and investors have a choice between pure sustainable companies and those trying to make a difference. Both paths can lead to success and it depends on everyone's risk appetite. But I personally believe a mix of both approaches is best.
Again, nice article and I think we were just talking about this topic together and I really liked $ENB, I included it in my portfolio 😊
Both dividends over 7%? OK, I'll have to take a closer look at that.