3 Reasons Why High-Yield Dividend Stocks ExxonMobil and Chevron Are No-Brainer Buys in February
On Friday, oil and gas majors ExxonMobil (NYSE: XOM) and Chevron (NYSE: CVX) fell 2.5% and 4.6%, respectively, after reporting fourth-quarter and full-year 2024 results.The energy sector, led by ExxonMobil and Chevron, got off to a hot start this year as West Texas Intermediate (WTI) crude oil prices topped $80 per barrel. But now, WTI oil prices are hovering between $70 and $75 per barrel -- giving up the bulk of their year-to-date gains.Let's dive into the key takeaways from ExxonMobil's and Chevron's results and discuss why both high-yield dividend stocks are worth buying in February.Continue reading
On Friday, oil and gas majors ExxonMobil (NYSE: XOM) and Chevron (NYSE: CVX) fell 2.5% and 4.6%, respectively, after reporting fourth-quarter and full-year 2024 results.
The energy sector, led by ExxonMobil and Chevron, got off to a hot start this year as West Texas Intermediate (WTI) crude oil prices topped $80 per barrel. But now, WTI oil prices are hovering between $70 and $75 per barrel -- giving up the bulk of their year-to-date gains.
Let's dive into the key takeaways from ExxonMobil's and Chevron's results and discuss why both high-yield dividend stocks are worth buying in February.
