Now that we’ve entered the 100 days of summer, it’s not just the thermometer that’s going to be climbing over the next few months. If history repeats itself, it shouldn’t take long for the prices to begin rising at the gas pump. In fact, the U.S. Energy Information Administration expects the national average price of gas to peak at $3.72 per gallon during the summer driving season. Already the current national average is at $3.66 per gallon.
Meanwhile the production of U.S. crude oil continues to gain steam, hitting an average 8.3 million barrels/day for the month of April. We haven’t seen such strong production since March 1988. Despite added pipeline capacity in the area, there is still a glut of crude oil at Cushing Oklahoma, which has put some downward pressure on prices. All the while, the natural gas business is still booming.
With all of this activity going on, there are bound to be profit opportunities so let’s take a closer look.
The energy sector gives investors a variety of options to put money into. Whether you’re interested in traditional oil and drilling companies, businesses dedicated to solar and other alternative energy sources or the corporations that provide energy equipment, there are stocks for every taste. Today I’ll share with you 15 of the highest-rated energy plays (fresh out of Portfolio Grader) on the market. You’ll also notice that each of these stocks pays at least a 3% dividend—generous dividends like this should help help tide investors over during the dog days of summer.
The 15 Highest-Rated Energy Stocks
|Ticker||Company||Quantitative Grade||Fundamental Grade||My Recommendation||Dividend Yield|
|BPL||Buckeye Partners||A||C||Strong Buy||5.6%|
|EMES||Emerge Energy Services||A||B||Strong Buy||4.2%|
|ENLK||EnLink Midstream Partners||A||B||Buy||4.7%|
|EPD||Enterprise Products Partners||A||B||Buy||3.8%|
|ERF||Enerplus Corp.||A||B||Strong Buy||4.4%|
|FGP||Ferrellgas Partners||A||C||Strong Buy||7.2%|
|NGLS||Targa Resources Partners||A||B||Strong Buy||4.5%|
|PBA||Pembina Pipeline Corp.||A||B||Strong Buy||4.0%|
|SE||Spectra Energy Corp.||A||B||Strong Buy||3.3%|
|STO||Statoil ASA||A||B||Strong Buy||3.7%|
|TCP||TC Pipelines||A||B||Strong Buy||6.2%|
|TOT||Total SA||A||C||Strong Buy||4.8%|
|VET||Vermilion Energy Inc.||A||B||Strong Buy||3.5%|
|WES||Western Gas Partners||A||B||Buy||3.5%|