3 Energy Stocks to Buy With $500 and Hold Forever
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Traditional energy sources remain indispensable despite the global shift toward renewables. Oil and gas infrastructure continues to underpin the economy, with rising electricity demand from AI and data centers further bolstering the sector. A $500 investment in energy demands a focus on balance sheet strength, dividends, and dual exposure to legacy and transitional energy markets.
ExxonMobil exemplifies this strategy. The oil giant's 2030 plan targets $20 billion in new earnings and $30 billion in added cash flow, deploying $140 billion across projects—including $30 billion for carbon capture and lithium initiatives. Its $18.5 billion cash reserve underscores resilience.
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