15 Best Natural Gas and Oil Dividend Stocks to Buy Now

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1. Exxon Mobil Corporation (NYSE:XOM)

No. of Hedge Fund Holders: 88

Dividend Yield as of Sep. 19: 3.49%

A behemoth of the global oil and gas industry, Exxon Mobil Corporation (NYSE:XOM) has increased its earnings at an annual rate of roughly 30% over the last five years, with its cash flow also rising at a CAGR of roughly 15% during the period. However, the company still has no intentions of slowing down, with a target to produce an additional $20 billion in earnings and $30 billion in cash flow by 2030.

Such deep pockets have allowed Exxon Mobil Corporation (NYSE:XOM) to distribute industry-leading payouts, with returns of more than $125 billion in dividends and buybacks over the last five years. Moreover, the company has raised its dividends for 42 consecutive years, putting it among the 10 Best S&P Dividend Stocks to Invest in.

Exxon Mobil Corporation (NYSE:XOM) is one of the largest integrated fuels, lubricants, and chemical companies in the world. The company operates facilities or markets products around the globe and explores for oil and natural gas on six continents

While we acknowledge the potential of XOM to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than XOM and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 12 Best Crude Oil Stocks to Buy According to Hedge Funds and The 5 Energy Stocks Billionaires are Quietly Piling Into.

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