There are many oil-and-gas companies to choose from, but there are a few that stand out as the best. ConocoPhillips and NextEra Energy are just a few of these companies. Before investing in a company, make sure you carefully review its fundamentals.
Ring Energy
Ring Energy stock has outperformed other stocks in recent months. Investors can look at its earnings outlook for guidance regarding future performance. Because it includes recent revisions to earnings estimates as well as current consensus earnings forecasts, the earnings outlook can be a useful indicator of the company’s prospects. There is a strong correlation in earnings estimate revisions with near-term stock market movements. The Zacks Rank, which is a reliable indicator of changes in earnings estimates over the past few days, is also very useful.
Ring Energy is a independent energy company that focuses primarily on the acquisition and exploration of high-quality oil assets located in the Permian. Despite having a very short history, Ring Energy has seen its share prices rise by more 70% since January. The company suffered a poor June and now has a 7.7% loss for the year.
ConocoPhillips
ConocoPhillips is a $122.1 billion market cap company. This gives it the ability to capitalize on any rise in oil prices. The company has natural gas and oil production in more then 15 countries. The company's production splits almost evenly between oil, natural gas, and coke. Its integrated oil business allows it to maximize its production while lowering its costs. Additionally, it can maintain its dividend thanks to its free cash flow.
If you are looking to make money from the energy industry, you should invest in companies with strong dividends. While this might not be the most lucrative investment, you'll earn an excellent yield. This environment is good for dividend yields of 3.8%. In the past five years, the company's share value has more than doubled.
NextEra Energy
NextEra Energy is a publicly traded utility with a vast portfolio of assets. The company has $153 billion in market capitalization and is one the largest Utilities in the United States. It also owns the Carolinas Power & Light Company and Gulf Power Company. This company provides electricity to both small and large cities.
NextEra Energy is one the largest energy companies worldwide and it is the only company that isn't involved in traditional oil and gas. This company is an excellent example of how renewable energies can be used to increase profit.
Brookfield
Brookfield Energy has been a leading investor in renewable power for over a decade. Its corporate headquarters are located in Toronto, Canada. Brookfield Asset Management holds approximately 60% shares. Its portfolio of power assets include wind, solar, as well as hydropower. Brookfield Renewable Partners L.P. Brookfield Energy Company and Brookfield Wind Energy are its subsidiaries.
Brookfield Renewables holds the title of being the most prominent private owner for critical power assets. The 1,200-megawatt operating portfolio and a 1,300 megawatt development pipeline will complement it. Brookfield Energy is set to grow its global position as a leader in distributed power.
TC Energy
TC Energy is a midstream company with a large network of pipelines in the United States and Canada. It enjoys stable cash flows regardless of macroeconomic conditions and is well-positioned for the growing LNG export industry. The stock currently yields 5.31 percent and has increased its dividend every single year since 2000. This company is an excellent choice for investors looking to invest in energy stocks that have a high yield and steady cash flow.
TC Energy is able to generate cash flow through its large portfolio of capital project. This will help increase its revenues. The company currently has projects worth $7 billion and 20 billion in secured capital developments plans until 2024. With more than $100 billion in assets, TC Energy is in a position to grow its cash flow and improve its financial results. Additionally, 95% of TC Energy's comparable EBITDA is derived from assets that are controlled by the government.