Best List of Energy Stocks You Should Buy Today

Energy is a big deal in this society, so investing in it to try to create financial security is wise. The only little hiccup to overcome is narrowing down your choices. We know the energy stock market can feel overwhelming, but the following list should help narrow things down a bit.

Phillips 66

Phillips 66 Partners LP has been a tried and true powerhouse in the energy industry for some time.

As a master limited partnership or (an MLP), this company has been able to avoid many pitfalls that hurt other companies, such as corporate taxes.

There is no telling how much longer this company is going to enjoy this perk since more presidential candidates continue to talk about closing some of these loopholes. so it is important to keep an eye on the politics concerning the stock being considered.

Part of the reason many investors continue to choose Phillips 66 is because it is a savvy energy company that knows how to take the lead within the industry. Investors who like stability and longevity should take a look at this stock.

MPLX LP

MPLX is a master limited partnership company much like the one mentioned earlier, but it is a little smaller.

It is considered a midstream infrastructure-based company meant to help facilitate the logistics of natural gas. The company concentrates on collecting and sorting out this type of energy, which is where most of its profits come from.

The company is taking giant steps in the United States by making moves towards places like the Marcellus Formation and the South Central Oklahoma Oil Province, which are some of the most prized natural gas locations.

Occidental Petroleum

Investors looking for a good dividend stock should consider Occidental Petroleum, which is considered by top investors in the US as one of the best ones to take a chance on.

The company is based in Houston, in a state that is pretty big on oil and has given the industry a number of perks, solidifying its strength against competitors, such as tax breaks among other things.

The company has also taken a number of steps to reduce the chances of being affected by downturns. This is done to give investors a little bit of a breather because the company knows how important trust is in the energy industry.

One thing it has done is formulate a plan to reduce costs for each barrel down to $40, and that is pretty impressive, making it one of the best energy stocks to buy today.

First Solar

First Solar is a multi-billion dollar Arizona-based company. It is focused on R&D, and most investors have seen it as a shinning example in the world of solar energy.

The company describes its balance sheet as being one of the strongest in the industry, which is an idea First Solar tries to work on constantly.

Part of what the company does best is continue working on creating grid stability, which should help more people trust solar power as time moves on.

It is clear that the demand for alternative energy is only getting stronger, and this company already has a strong infrastructure, making it a savvy investment choice.

Cosan

Cosan is a company based in Brazil though its operation spans across the ocean since it does have operations in the UK. This company is considered a conglomerate within the bioethanol industry.

One part of the company is generating about 940 MW of sugarcane bioethanol, making it one of the biggest producers of this kind of energy and the reason many investors around the world continue to keep an eye on the company.

At the moment, the company is still in its early stages, but the opportunity for growth is there.

Brazil just elected a president that seems to be quite willing to favor companies like Cosan, and that could lead to even more expansion.

Renewable Energy Group

The Renewable Energy Group is another stock worth paying attention to. At the moment, it is barely worth $1 billion, yet it is still considered one of the largest bio-mass diesel producers in the United States.

This type of energy is much more efficient than some might imagine, and it is very good for the environment, which is the kind of power more people around the world want.

It may not be returning the kind of money other larger energy companies are able to return, but it is safe to say that the company is looking into a future where fossil fuels might no longer be as desirable or even needed.

For the most part, the company was able to turn a profit thanks to a federal tax credit, which has been put into law as an incentive for the production of alternative energy, but that just changed.

In 2018, the company was finally able to turn a profit without that tax credit. It is a young company, but it is a hungry one in the right position for the future of energy.

These are just some of the stocks to concentrate on for those interested in the energy market. It is important to pay attention to energy trends, trade wars, and presidential changes while trading in this industry