If Israel Targets Iran’s Oil, Prices Will Explode – Buy These 4 Dividend Energy Giants Now

24/7 Wall Street/ Insights:

• The tensions in the Middle East are the highest in recent decades
• Oil is trading at its lowest level since last December
• Sit back and let dividends do the hard work for a simple and steady path to serious wealth creation over time. Grab a free copy of “7 Things I Look for in a Dividend Stock,” plus get the 2 best dividend stocks to own today. Access 2 legendary high-yielding dividend stocks that Wall Street loves

Investors love dividend stocks because they offer reliable income, passive income streams and an excellent opportunity for solid total return. Total return includes interest, capital gains, dividends and distributions realized over time. In other words, the total return on an investment or portfolio consists of income and stock appreciation.

This time, a a year ago, West Texas Intermediate was trading in the $90 range, but from a 2024 peak of $83.57 in late April, the benchmark giant’s price has traded steadily lower over the past five months, closing- recently traded at $71.88 after falling as low as $65. vary in early September.

Wildcard for the black gold is the Middle East. With tensions rising as the Israeli military turns its attention to a ground assault against Hezbollah in Lebanon, fears of an ever-widening conflict in an area that is always a box of movement i grow While Hamas has taken a beating in Gaza since the October 7, 2023 massacre, Hezbollah continues to operate and recently fired dozens of rockets at an Israeli military base after strikes against the terror group in Israel.

In response upon Israel’s recent elimination of many top Hamas and Hezbollah leaders, one of whom was killed while in Tehran, Iran unloaded approximately 180 ballistic missiles into Israel, further raising tensions in the region.

For investors, The timing could be perfect to snap up some of the high-yielding dividend giants that have trodden on water this year as AI-related tech stocks surged higher. We checked our database of Wall St. Energy Research. 24/7 and found three companies that offer big, reliable dividends and the potential for serious growth. All rated Buy at top Wall Street firms.

Why do we cover energy dividend stocks?

Energy Dividend Stocks provide investors with reliable streams of passive income. Passive income is characterized by its ability to generate income without requiring continuous active effort from the recipient, making it a desirable financial strategy for those looking to diversify their income streams or achieve financial independence.

BP

BP plc is a British multinational oil and gas company headquartered in London, England.

This company is a leading European integrated oil giant, paying shareholders a whopping 5.98% dividend. BP plc (NYSE: BP) engages in energy worldwide.

works by:

• Low carbon gas and energy
• Oil production and operations
• Customers and products
• Rosneft segments

BP produces and markets natural gas, provides biofuels, operates onshore and offshore wind and solar power generation facilities, and provides decarbonization solutions and services such as hydrogen and carbon capture, use and storage.

The company is also involved in the comfort and mobility business, which manages the sale of fuels to wholesale and retail customers, comfort products, aviation fuels and Castrol lubricants; refining, supply and marketing of petroleum products; and operation of electric vehicle charging facilities.

In addition, produces and refines oil and gas and invests in companies in upstream, downstream and alternative energy, advanced mobility, bio and low-carbon products, carbon management, digital transformation and supply and storage areas.

Chevron

Chevron Corporation is an American multinational energy corporation specializing in oil and gas.

This integrated giant is a safer way for investors looking to position themselves in the energy sector. It pays a rich dividend of 4.65%. Chevron Corporation (NYSE: CVX ) engages in integrated energy and chemical operations worldwide through its subsidiaries.

The company operates on two segments:

• upstream
• downstream

upstream the segment is involved in the following:

• Exploration, development, production and transportation of crude oil and natural gas
• Processing, liquefaction, transportation and regasification associated with liquefied natural gas
• Transportation of crude oil through pipelines
• Transport, storage and trading of natural gas, as well as operation of a gas-to-liquids plant

downstream the segment engages in:

• Refinement of crude oil into petroleum product
• Marketing of crude oil, refined products and lubricants
• Production and marketing of renewable fuels
• Transportation of crude oil and advanced products by pipeline, marine vessels, motor equipment and railcar
• Production and marketing of basic petrochemicals, plastics for industrial use and additives for fuels and lubricants

Chevron announced a year ago, it entered into a definitive agreement with Hess Corporation (NYSE: HES ) to acquire all of Hess’ outstanding stock in an all-stock transaction valued at $53 billion, or $171 per share, on basis of Chevron’s October closing price. 20, 2023. Under the terms of the agreement, Hess shareholders will receive 1.0250 Chevron shares for each Hess share. The total enterprise value of the deal, including debt, is $60 billion.

Three processes were filed against Hess alleging improper disclosure of the sale, and Chevron said arbitration over Hess’ assets in Guyana could push back the closing deadline to October 2025. However, most Wall Street analysts believe the deal will be finally concluded and Chevron will emerge even stronger in the energy sector.

ConocoPhillips

Conoco, formerly known as Continental Oil, is an American oil brand that operates under the ownership of Phillips 66.

This is another one large-cap company that offers substantial value to investors and a solid 2.85% dividend yield. ConocoPhillips (NYSE: COP) explores, produces, transports and markets crude oil, bitumen, natural gas, liquefied natural gas and natural gas liquids worldwide.

of Conoco portfolio are:

• Resource-rich North American oil and tar sands assets
• Lower risk legacy assets in North America, Europe, Asia and Australia
• Various international developments and an inventory of conventional and unconventional exploration prospects

Lots of Wall Street Analysts believe Conoco can accelerate growth from a reloaded portfolio in the Bakken and Eagle Ford, with visibility into future growth.

In May, ConocoPhillips and Marathon Oil Corporation (NYSE: MRO) announced that they have entered into a definitive agreement under which ConocoPhillips will acquire Marathon Oil in an all-inclusive transaction with an enterprise value of $22.5 billion, including $5.4 billion from net debt.

Under the terms of the agreement, Marathon Oil shareholders will receive 0.2550 ConocoPhillips shares for each share of Marathon Oil common stock, representing a 14.7% premium to the closing price of Marathon Oil shares on May 28, 2024 and a premium of 16.0% premium to the previous 10-day volume-weighted average price.

ExxonMobil

The slow decline the price of oil provides investors with an excellent entry point, and they will be happy to receive a strong dividend of 3.20%. Exxon Mobil Corporation (NYSE: XOM) is the world’s largest integrated international oil and gas company, which explores for and produces crude oil and natural gas in:

• United States of America
• Canada
• south america
• Europe
• Africa
• Asia
• Australia/Oceania

ExxonMobil it also manufactures and markets basic petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and specialty products, and transports and sells crude oil, natural gas, and petroleum products.

Top Wall Street Analysts expect ExxonMobil to remain a key beneficiary in a higher oil price environment, and most remain very bullish on the company’s sharp positive inflection in its capital allocation strategy, Upstream portfolio and leverage for further recovery the request.

ExxonMobil it also offers more downstream/chemical exposure than its peers.

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