10 of the Safest Oil Stock Buys of 2019

Oil pump in Baku

Oil stocks are a very popular choice of investment for a lot of investors out there. After all, oil is one of those commodities that modern civilization could not exist without, meaning that there is a constant demand for the precious substance. Moreover, while a wide range of parties have been working to reduce our reliance on oil, our hunger remains unabated for the most part. In fact, it is increasing because more and more countries continue to develop, meaning that it is seem to say that the demand for oil will remain strong for years and years to come. Under these circumstances, while different examples will have different performances, it is no wonder that oil stocks as a whole make for very popular investments for a very wide range of people with a very wide range of investment priorities. These are the 10 oil stocks that have been mentioned by US News, the Motley Fool, and Investopedia in recent months:

Anadarko Petroleum (APC)

The Motley Fool mentioned Anadarko Petroleum for the simple reason that it possesses a strong balance sheet that is expected to become stronger still in the near future. This is because the corporation has poured a huge amount of resources into investments that are meant to bring in further revenues, but not so much so that said investment becomes an excessive burden on its metaphorical shoulders, particularly since it has been good about paying down its outstanding debt.

Enable Midstream Partners (ENBL)

Enable Midstream Partners specializes in four steps for both oil and natural gas. In short, these four steps would be gathering, processing, transportation, and storage. On the whole, Enable Midstream Partners possesses some notable strengths. For example, it is involved with some of the biggest production regions in the United States. Likewise, most of its stocks are held by insiders, meaning that its leadership is very much aligned with its shareholders, thus making for an enviable degree of unity in that respect.

Enbridge (ENB)

Enbridge is a Canadian corporation that focuses on pipelines. It received mention because of its efforts to simplify its operations, which meant acquiring its affiliates as well as selling off non-core assets. On top of this, Enbridge has been using the proceeds to pay down its debt as well as invest in its operations, thus putting it in a more competitive position. Finally, it is worth noting that Enbridge has plans in mind for its pipelines as well as the funding needed to carry out those plans, meaning that a lot of people are expecting its revenues to raise in the times to come.

Eni S.p.A. (E)

Eni is one of the biggest names when it comes to oil and gas, both because of its presence in more than 70 countries and because of its involvement in just about every step in the oil and gas process. Granted, it has gotten involved in a lawsuit related to what might be unscrupulous business practices in Nigeria, but for a lot of people, that won’t be enough to overshadow the fact that its restructuring plus its expansion plans are putting it in a very promising position.

Occidental Petroleum (OXY)

For investors, one of the most appealing points about Occidental Petroleum’s stock is its sizable dividends, which are made possible by a healthy cash flow. Moreover, Occidental Petroleum isn’t content to just sit on this, seeing as how the rest of its cash flow is being spent to further shore up its operations as well as expand its revenue streams. Combined with the fact that it has just undergone a massive effort to make it more effective and efficient in its chosen field, Occidental Petroleum looks promising.

Phillips 66 (PSX)

Phillips 66 is an interesting example of an oil company that can continue to perform well even with low oil prices. Partly, this is because it is involved in refining and logistics, meaning that it actually benefits from lower oil prices. However, it should also be noted that it is very much involved in midstream activities, which are insulated from the fluctuations of oil prices to a considerable extent. Under these circumstances, Phillips 66 is a safe choice for people who are concerned about potential problems popping up in the oil market.

Plains All American Pipeline (PAA)

Plains All American Pipeline has made a major effort to strengthen its financial position in recent times, which consisted of debt reduction as well as an increased focus on its core operations by getting rid of its non-core assets. This is important because companies with stronger financial positions are more capable of navigating under bad economic conditions, which should serve as some assurance for people concerned about the future. In any case, Plains All American Pipeline also has growth in mind, meaning that its efforts could have paved the way for better things to come.

Royal Dutch Shell (RDS-A)

Royal Dutch Shell is another excellent example of an oil company that is involved in everything from exploration to drilling and refinement. While it struggled to some extent in 2018, it managed to live up to its reputation as one of the most recognizable oil companies in the entire world by getting things back on solid footing by the end of 2018, meaning that it is a stable choice.

Sasol Limited (SSL)

Sasol Limited is an energy and oil company. As such, while it is involved in oil and gas, it is also involved in a number of other operations as well. This provides it with a wide range of things to fall back on when there is a crisis going on, which explains why it was able to breakeven in 2018 while other oil companies struggled. Moreover, Sasol Limited continues to expand its global presence, which promises to continue boosting its revenues.

Total S.A. (TOT)

Like Royal Dutch Shell, Total S.A. is another titan of the oil and gas industry, meaning that it boasts considerable reserves to rely upon. Currently, it is interested in relatively low-risk expansion, which bodes well for people who want a comfortable investment instead of having to bet big.


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