Brent crude oil 1barrels 87dollar-range decline, recommended energy stocks 3 picks

Brent crude oil prices fell from 3monthly high of 119.50dollars to about 87dollars. Easing tensions in the Middle East was cited as the reason for the decline. This price level is the figure as of 6 of the month. Oil price fluctuations affect sectors differently.10The impact of oil price fluctuations differs by sector.

Energy Transfer, Enbridge, and Chevron were presented as recommended stocks. The cited reasons included toll-based revenue, high dividend yields, and the dividend sustainability of integrated energy companies. The three companies were described as each having different business structures. Their commonalities and differences as buying candidates were presented.

Energy Transfer is a midstream pipeline company. It has a toll-based revenue structure related to pipeline usage fees. Its high dividend yield was presented as an investment point. Stable cash flow was emphasized.

Enbridge also operates primarily in the midstream business. Revenue based on pipeline tolls and its dividend payout policy were emphasized. It was mentioned that the company operates pipelines in North America. Its dividend yield was cited as a reason to invest.

Chevron is an integrated energy company. Its global operations and record of paying dividends as a publicly listed company were introduced.39Consecutive years of dividend increases were particularly emphasized. Dividend sustainability was presented as an investment point.

The article identified these stocks as potential buys. The rationale presented was the stability of midstream toll revenue and the dividend records of integrated energy companies. It was repeatedly mentioned that falling oil prices had affected valuations across sectors.