Reported about 1 month ago
Devon Energy is expanding its portfolio but offers a variable dividend dependent on volatile energy prices, making it unreliable for steady income. In contrast, Chevron and Enbridge provide more consistent dividends, with Chevron increasing its payout annually for 37 years and Enbridge maintaining a high yield of 6.6% thanks to its stable midstream operations. For those seeking reliable income in the energy sector, these stocks present better options than Devon.
Source: YAHOO