Jul. 20 at 12:58 AM
$XOP
Let it run. The next breakout is coming.
I will use this next leg higher to eliminate this position.
Instead of holding the basket in energy, I’m going to hold individual tickers.
Mainly looking to focus on solid balance sheets, low DTI and secure dividend history.
Currently holding 26% energy allocation and eventually will hold 30% weight. However, my holdings will look much different come year end.
Currently holding the following energy plays.
APA
$COP
DVN
EGY
$EOG
ET
MGY
$NOG
PBR-A
PROP
REI
RNGR
$XOM
XOP
By year end I only want
COP
EOG
ET
MGY
NOG
XOM
Holding XOM, COP, EOG, MGY, NOG, and ET because they combine rock-solid, low-debt balance sheets with the lowest drilling breakeven costs in the energy sector to guarantee absolute dividend safety during a market crash. This precise mix removes geographic redundancy and expensive debt-refinancing risks, concentrating your capital in asset-backed cash machines that thrive under sticky inflation & high interest rates.
