Want Decades of Passive Income? 3 High Yield Energy Stocks to Buy Right Now

If there's one theme in the energy sector that has gotten plenty of attention over the years, it is the global transition from dirty carbon fuels to cleaner alternatives. It is a very real phenomenon, though it is happening much more slowly than clean energy proponents would like. And that creates an interesting investment opportunity that even passive income investors who love high-yield dividend stocks can jump on.Here's why Enbridge (NYSE: ENB), TotalEnergies (NYSE: TTE), and Brookfield Renewable (NYSE: BEP)(NYSE: BEPC) are three interesting stocks to examine right now given this heightened interest, especially if you are looking to build a passive income stream in the energy sector that will last for decades into the future.Roughly 50% of Enbridge's earnings before interest, taxes, depreciation, and amortization (EBITDA) comes from oil pipelines. Another 25% is derived from natural gas pipelines. At the start of 2023, those two figures were 57% and 28%, which is an important change because it was driven by the Canadian midstream giant's acquisition of natural gas utilities. Its utility division grew from 12% of EBITDA to 22%, with a 3% exposure to renewable power staying largely the same.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool