Latest news with #ExxonMobil
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3 hours ago
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How Investing $500 Monthly in This Vanguard ETF Could Create Nearly $5,700 in Annual Dividend Income
The Vanguard Energy ETF currently offers the highest dividend yield of all Vanguard ETFs. Investing $500 monthly in this ETF over 30 years could easily generate nearly $5,700 in annual dividend income at the end of the period. The actual dividend income received could vary, but the chances are good that the amount could be higher than $5,700. 10 stocks we like better than Vanguard World Fund - Vanguard Energy ETF › Mick Jagger and the Rolling Stones had it right when they sang, "Time Is on My Side." If you're looking to build up solid dividend income, time is on your side, too. Time is only one of the necessary ingredients, though. You'll also need money to invest regularly. And you'll need a good investment vehicle that pays attractive dividends. I think the Vanguard Energy ETF (NYSEMKT: VDE) fits the bill nicely. Here's how investing $500 monthly in this Vanguard ETF could create nearly $5,700 in annual dividend income. Vanguard markets 97 exchange-traded funds (ETFs). Why go with the Vanguard Energy ETF as a key component of your dividend income strategy? The short answer is that this ETF's dividend yield of 3.16% is currently the highest in the Vanguard family. Granted, you can get higher yields from other Vanguard funds. However, they're all bond funds that pay interest rather than dividends. We're focusing solely on dividend income. The Vanguard Energy ETF owns 116 energy stocks, most of which pay dividends. Its top holdings include dividend stars such as ExxonMobil, Chevron, ConocoPhillips, The Williams Companies, and EOG Resources. Dividends are typically a core component of the value proposition that energy stocks offer to investors. It shouldn't be surprising, therefore, that the Vanguard Energy ETF pays a more attractive dividend yield than even the Vanguard High Dividend Yield ETF does. How can investing $500 per month in the Vanguard Energy ETF create nearly $5,700 in annual dividend income? The Rolling Stones had the answer: time. Let's suppose that you invest $500 per month in this Vanguard ETF for 30 years. That's not too much of a stretch for many investors. If you start contributing money at age 30 and continue until you're 60, you'll achieve the goal. At the end of the 30 years, your total amount invested will be $180,000. The math to reach this number is straightforward. Investing $500 per month, multiplied by 12 months per year, multiplied by 30 years equals $180,000. If we assume that the Vanguard Energy ETF pays the same 3.16% dividend yield at the end of the period that it does today, your annual dividend income will be $5,688. That's not far below the $5,700 mentioned. Is it possible that your actual dividend income at the end of 30 years could be much lower than $5,700? Sure. If the Vanguard Energy ETF cuts its dividend payout significantly, your dividend income will be reduced. There's historical precedent for this. The oil price collapse that began in 2015 caused many energy companies in the ETF's portfolio to cut their dividends. However, I think the odds are pretty good that you could receive dividend income that's higher than $5,700 if you invest $500 monthly in this Vanguard ETF for 30 years. That's especially likely if you reinvest the dividends you receive along the way. Using the dividends to buy more shares can boost your total dividend income quite a bit over time. There's also a decent chance that the Vanguard Energy ETF will increase its dividend payout over the next three decades. Interestingly, even though the ETF slashed its dividend in 2015, its dividend has more than quadrupled since the fund's inception in September 2004. In addition, the Vanguard Energy ETF's current dividend almost exactly matches its average dividend since the ETF was launched. It's not at an unusually high level that might make a dividend cut likely. Keep in mind, too, that we're only talking about dividend income. Your income could be even greater if you decide to sell some shares every now and then at the end of the 30 years. And the amount of your investment could be much greater than the $180,000 used in our calculation. Time really can be on an investor's side. Before you buy stock in Vanguard World Fund - Vanguard Energy ETF, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Vanguard World Fund - Vanguard Energy ETF wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $671,477!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,010,880!* Now, it's worth noting Stock Advisor's total average return is 1,047% — a market-crushing outperformance compared to 180% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of July 7, 2025 Keith Speights has positions in Chevron, ExxonMobil, and Williams Companies. The Motley Fool has positions in and recommends Chevron, EOG Resources, and Vanguard Whitehall Funds-Vanguard High Dividend Yield ETF. The Motley Fool has a disclosure policy. How Investing $500 Monthly in This Vanguard ETF Could Create Nearly $5,700 in Annual Dividend Income was originally published by The Motley Fool Fehler beim Abrufen der Daten Melden Sie sich an, um Ihr Portfolio aufzurufen. Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten
Yahoo
a day ago
- Business
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Chevron says offshore well start-up caused Mars crude quality issues
By Arathy Somasekhar HOUSTON (Reuters) -The start-up of an offshore well caused zinc contamination in Mars crude, Chevron said on Friday, leading to the tightening crude oil supply in the key Gulf Coast refining hub and the government releasing barrels from its emergency stockpile. Inventories of crude oil along the U.S. Gulf Coast had fallen to their lowest seasonally in seven years at the end of last week, thanks to recent wildfires in Canada that cut supplies and cancellations of licenses that allowed for U.S. import of Venezuelan crude. The U.S. Department of Energy on Friday said it would provide up to 1 million barrels of crude oil from the Strategic Petroleum Reserve to Exxon Mobil's Baton Rouge refinery in Louisiana, citing an offshore supply disruption. Exxon told its trading counterparts that it will not buy the Mars crude oil grade until the zinc contamination issue is fixed, Reuters reported on Thursday. The oil major requested the barrels from the SPR after the zinc contamination was identifiecrud in Mars crude, two sources familiar with the matter said. Mars, a medium sour crude produced off the coast of Louisiana, is preferred by refineries along the Gulf Coast because of its properties and proximity. Refiners are typically configured to run certain grades of oil for ideal yields of different types of fuels. Switching to other crude grades can be operationally challenging and limit production, shrinking margins. The exchange of oil was authorized to help maintain stable regional supply of transportation fuels across Louisiana and the broader Gulf Coast, the DOE said, adding that the exchange will not impact or delay the department's ongoing efforts to refill the reserve. Exxon will resupply the crude, along with additional barrels to the SPR, the department added. Exxon declined to provide additional details. Zinc does not typically occur naturally in crude oil and industry sources said they worried that running crude with zinc could cause damage to refining units and to catalysts used in processing oil. TIGHT SUPPLY, STRONG DEMAND The Mars crude stream is a mix of oil from various platforms off the Gulf Coast. About 575,000 barrels per day of oil move on the Mars system to the coast, according to research firm Energy Aspects. Prices for Mars traded on Friday at a 15-cent a barrel premium to U.S. crude at the Cushing, Oklahoma, hub. It had eased to as little as a 10-cent discount earlier in the week, compared with a $1 premium at the end of June. Chevron said it was working to resolve issues and it does not expect an impact to current production guidance. Supplies of medium and heavy crude oil along the U.S. Gulf have tightened in recent months as Washington in late May terminated a group of licenses that had authorized partners of oil company PDVSA to take Venezuelan crude bound for U.S. and European refineries. Declining oil production in Mexico has also reduced exports to the U.S., while the recent wildfires in Canada also cut supplies that are usually imported. The opening of the expanded Trans Mountain pipeline last year has also redirected some Canadian oil flows to China and the U.S. West Coast, rather than the U.S. Gulf Coast. Meanwhile, demand for refined products, including gasoline and distillates, rose to 20.9 million bpd last week, the highest seasonally in five years thanks to strong driving demand.
Yahoo
2 days ago
- Business
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DOE approves giving ExxonMobil a million barrels of oil from reserve
July 11 (UPI) -- The U.S. Department of Energy announced Friday it has approved an exchange from the Strategic Petroleum Reserve, or SPR, with the ExxonMobil Corp. to ease issues that affect crude oil deliveries to the company's Baton Rouge, La., refinery. According to a press release from the DOE, U.S. Secretary of Energy Chris Wright sanctioned the move to help keep the regional supply of transportation fuels across Louisiana and the broader Gulf Coast stable. The DOE says this will also keep the SPR's operational flexibility as is and won't either impact or delay the Department's continuing efforts toward refilling the reserve. The agreement will provide up to one million barrels of crude oil from the SPR to ExxonMobil to support the restoration of refinery operations that had been diminished due to an offshore supply disruption. The release states that ExxonMobil will eventually return the borrowed oil, as well as an unannounced amount of additional barrels of crude to the SPR at no cost to taxpayers. Under the exchange agreement, DOE will provide up to 1 million barrels of crude oil from the SPR. The exchange will support ExxonMobil's restoration of refinery operations that were reduced due to an offshore supply disruption. ExxonMobil will return the borrowed crude along with additional barrels of crude oil for the SPR at no cost to the taxpayer. "Investing in American energy enables energy independence and truly unleashes America's ability to serve as the world leader in global energy," Wright said in an X post Friday.
UPI
2 days ago
- Business
- UPI
DOE approves giving ExxonMobil a million barrels of oil from reserve
Energy Secretary Chris Wright at the U.S. Capitol in Washington, D.C. (pictured in May), said, "Investing in American energy enables energy independence and truly unleashes America's ability to serve as the world leader in global energy." File File Photo by Bonnie Cash/UPI | License Photo July 11 (UPI) -- The U.S. Department of Energy announced Friday it has approved an exchange from the Strategic Petroleum Reserve, or SPR, with the ExxonMobil Corp. to ease issues that affect crude oil deliveries to the company's Baton Rouge, La., refinery. According to a press release from the DOE, U.S. Secretary of Energy Chris Wright sanctioned the move to help keep the regional supply of transportation fuels across Louisiana and the broader Gulf Coast stable. The DOE says this will also keep the SPR's operational flexibility as is and won't either impact or delay the Department's continuing efforts toward refilling the reserve. The agreement will provide up to one million barrels of crude oil from the SPR to ExxonMobil to support the restoration of refinery operations that had been diminished due to an offshore supply disruption. The release states that ExxonMobil will eventually return the borrowed oil, as well as an unannounced amount of additional barrels of crude to the SPR at no cost to taxpayers. Under the exchange agreement, DOE will provide up to 1 million barrels of crude oil from the SPR. The exchange will support ExxonMobil's restoration of refinery operations that were reduced due to an offshore supply disruption. ExxonMobil will return the borrowed crude along with additional barrels of crude oil for the SPR at no cost to the taxpayer. "Investing in American energy enables energy independence and truly unleashes America's ability to serve as the world leader in global energy," Wright said in an X post Friday.
Yahoo
2 days ago
- Business
- Yahoo
ExxonMobil May Sell Singapore Fuel Retail Business in $1B Deal
Exxon Mobil Corporation XOM is in talks to divest its entire network of 59 gasoline stations in Singapore to Aster Chemicals and Energy, a joint venture between global commodities giant Glencore and Indonesia's Chandra Asri Group, according to a Bloomberg report. The deal, if finalized, could be valued at around $1 billion. A sale would mark a strategic shift for ExxonMobil, enabling it to redeploy capital toward higher-growth opportunities. The move aligns with CEO Darren Woods' broader strategy to streamline the company's downstream portfolio and concentrate on high-return investments, particularly in upstream oil and gas production and low-carbon initiatives. ExxonMobil has operated in Singapore for more than 130 years, primarily under the Esso brand. While the gas station divestiture would mark a significant change, the company maintains a sizable footprint in the city-state, including a refinery, chemical and lubricant manufacturing plants, a fuel terminal and an LPG bottling facility. According to the report, Aster Chemicals and Energy has been actively expanding its presence in Southeast Asia's energy sector. Its recent acquisitions include Shell's Singapore refining and chemicals assets, as well as Chevron Phillips Singapore Chemicals' polyethylene manufacturing facility on Jurong Island. Winning the bid for ExxonMobil's retail network would further consolidate Aster's position in the region's downstream market. Discussions are currently centered on finalizing the price and transaction structure. While no definitive agreement has been announced, the potential exit underscores ExxonMobil's global restructuring efforts and Aster's growing appetite for Southeast Asia's energy infrastructure. XOM currently carries a Zack Rank #3 (Hold). Investors interested in the energy sector may look at a few better-ranked stocks like The Williams Companies, Inc. WMB, W&T Offshore, Inc. WTI and Oceaneering International, Inc. OII, each carrying a Zacks Rank #2 (Buy) at present. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Williams Companies' strong base business performance and strategic expansions, such as the $1.6 billion Socrates project, further boost its outlook. Additionally, Williams' increased dividend, robust pipeline, and favorable credit rating upgrade suggest a solid foundation for long-term growth. The Zacks Consensus Estimate for WMB's 2025 EPS is pegged at $2.11. W&T Offshore benefits from its prolific Gulf of America assets, which offer low decline rates, strong permeability and significant untapped reserves. The company's acquisition of six shallow-water fields in the GoA added 18.7 million barrels of proved reserves and 60.6 million barrels of proved plus probable reserves. The firm is focused on strategically allocating capital toward organic projects, which should boost its production outlook. WTI has a Value Score of B. Oceaneering International delivers integrated technology solutions across all stages of the offshore oilfield lifecycle. With a geographically diverse asset portfolio and a balanced revenue mix between domestic and international operations, the company effectively mitigates risk. As a leading provider of offshore equipment and technology solutions to the energy sector, OII benefits from strong relationships with top-tier customers, ensuring revenue visibility and business stability. The Zacks Consensus Estimate for OII's 2025 EPS is pegged at $1.79. The company has a Value Score of B. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Williams Companies, Inc. (The) (WMB) : Free Stock Analysis Report Exxon Mobil Corporation (XOM) : Free Stock Analysis Report W&T Offshore, Inc. (WTI) : Free Stock Analysis Report Oceaneering International, Inc. (OII) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
