: The SPDR S&P Oil & Gas Exploration & Production ETF (XOP) targets smaller, more aggressive drillers.
: Known for a "fortress" balance sheet and a consistent track record of returning cash to shareholders. best way to buy oil stocks
If you want to avoid the volatility of oil prices, look at Master Limited Partnerships (MLPs) that own pipelines and storage tanks. : The SPDR S&P Oil & Gas Exploration
: The VanEck Oil Services ETF (OIH) focuses on the companies that provide the equipment and technology for drilling. 2. Individual "Supermajor" Stocks (Best for Income) best way to buy oil stocks
Instead of picking one winner, you buy a basket of dozens of energy companies. This lowers the risk of a single company’s failure ruining your portfolio.