3 Dividend Paying International Integrated Oil Companies to Own Now

Stocks of large US integrated oil companies (XOM, CVX, OXY, HES) have enjoyed a nice run-up in the last 12 months and for good reason: The turmoil in the Middle-East has sent oil futures sky-rocketing past the $100 level and economies around the world are on the mend, leading to increased demand and higher prices for crude oil.Shares of Exxon Mobil have gone up 25% since April 2010, a substantial move for the world's largest publicly owned company. Similarly, shares of Chevron gained 32%, followed by Hess Corporation 25% and Occidental Petroleum 17% (see Table 1). Table 1- Descriptive Stats - Large US Integrated Oil Stocks Stocks Market Cap (in $ billions) 52-week Performance TTMP/E Ratio Div. Yield XOM $428.2 25.3% 13.9 2.0% CVX 217.1 32.0 11.4 2.6 OXY 81.7 17.1 18.1 1.8 HES 27.2 24.6 12.5 0.5 Not suprisingly, investors warmed up to the... Read more