We’re still waiting for our first Energy and Income Advisor coverage universe dividend cut for 2022. That compares starkly to the 93 companies that reduced payouts at least once during 2020 and 2021.
The primary reason is the recovery in the US economy and especially oil and gas prices. But as we’ve pointed out, the hard steps taken by energy companies during what was essentially a seven-year bear market for their industry have also resulted in far less vulnerability, and therefore much more solidly-backed payouts. And the weakest companies have long since stopped paying dividends, or vanished altogether from public view like the Sanchez group of companies.
Your complete guide to energy investing, from growth stocks to high-yielders.
In October 2012, renowned energy expert Elliott Gue launched the Energy & Income Advisor, a twice-monthly investment advisory that's dedicated to unearthing the most profitable opportunities in the sector, from growth stocks to high-yielding utilities, royalty trusts and master limited partnerships.
Elliott and Roger on Jul. 27, 2022