Top 9 Energy Stocks with Great Dividends

The political chaos in North Africa and Middle East caused Brent oil price to hit $110 a barrel for the first time since 2008. Although IMF spokesman David Hawley stated that much of the increase in oil prices through early January reflected increasing global demand as the world economy recovers from the financial crisis; there is a possibility that the retail price per gallon might reach a new record high above $4. Legendary investors George Soros and Jim Rogers are among the several hedge fund managers who are bullish about commodities. T. Boone Pickens has been investing in energy stocks. Boone Pickens is extremely bullish about 10 energy stocks and he added new money in these holdings during the most recent quarter. John Burbank’s Passport Capital is also extremely bullish about energy shares (See Passport’s bullish comments about oil). While the increasing gasoline costs are definitely not good for consumers,... Read more