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

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By Keith Speights – Apr 27, 2026 at 4:04AM ESTKey PointsEnbridge is a hybrid energy/utilities stock with a stable, relatively low-risk business model.Enterprise Products Partners ranks among the most dependable passive-income machines in the energy sector.Chevron boasts an impressive record of 39 consecutive dividend increases.Income investors have several go-to sectors. Utilities are perennially popular. REITs are attractive to investors looking for especially juicy yields. But the energy sector is another source of dependable, inflation-resistant income. Energy demand holds up well through most market cycles, even recessions. Midstream energy companies and integrated oil and gas companies, in particular, stand out for their ability to generate stable cash flow. Do you want decades of passive income? Here are three energy stocks to buy right now. Image source: Getty Images. 1. Enbridge Enbridge (ENB +1.52%) is a Calgary, Alberta-based company that owns a massive pipeline network. Its pipelines transport roughly 30% of the crude oil produced in North America and one-fifth of the natural gas consumed in the U.S. In recent years, Enbridge has also invested heavily in renewable energy. However, Enbridge isn't just an energy stock; it's also a utility stock. The company's acquisitions have catapulted it into the top spot among North American natural gas utilities by volume. Enbridge's natural gas business now serves 7.1 million customers. ExpandNYSE: ENBEnbridgeToday's Change(1.52%) $0.80Current Price$53.30Key Data PointsMarket Cap$116BDay's Range$52.51 - $53.4252wk Range$43.59 - $55.44Volume1.8KAvg Vol5.2MGross Margin32.74%Dividend Yield5.13% The midstream/utility leader recently increased its dividend by 3%. This marked Enbridge's 31st consecutive year of dividend hikes. The company's forward dividend yield of 5.4% is sure to catch the eye of many income investors. Enbridge's business model is stable and relatively low risk. The company's management team is also trustworthy, achieving financial guidance for an impressive 20 consecutive years. As a bonus, Enbridge has visible growth through the end of the decade, with around $50 billion of opportunities identified over the next four years. 2.
Enterprise Products Partners Enterprise Products Partners (EPD +0.42%) is another midstream leader that income investors should like. This master limited partnership (MLP) owns over 50,000 miles of pipeline, more than 300 million barrels of liquids storage, 45 natural gas processing trains, 27 fractionators, and 21 deepwater docks. Around 55% of Enterprise Products Partners' gross operating margin stems from natural gas liquids (NGLs). The rest of the company's margin is split roughly equally between its crude oil, natural gas, and petrochemical operations. ExpandNYSE: EPDEnterprise Products PartnersToday's Change(0.42%) $0.16Current Price$38.00Key Data PointsMarket Cap$82BDay's Range$37.49 - $38.0352wk Range$29.66 - $39.73Volume4.1Avg Vol4.8MGross Margin12.86%Dividend Yield5.72% Enterprise Products Partners ranks among the most dependable passive-income machines in the energy sector, having increased its distribution for 27 consecutive years. It also offers one of the most lucrative distributions, with a yield currently topping 5.8%. This pipeline stock is as stable as they come.
Enterprise Products Partners is the only midstream energy infrastructure company with an A- credit rating (indicating low risk). Around 90% of Enterprise's long-term contracts are inflation-resistant due to escalation provisions. The MLP also has solid growth prospects, driven in part by surging demand for natural gas-fired power plants to supply electricity to data centers. 3. Chevron Investors seeking passive income don't have to limit themselves to the midstream part of the energy sector. Chevron (CVX 1.27%) is an integrated energy major that ranks as the world's third-largest energy company by market cap. Chevron's upstream operations have the highest margins in the industry. The company is the global leader in natural gas production. It boasts the largest retail market share. Chevron's U.S. refining net cash margin also leads the industry. ExpandNYSE: CVXChevronToday's Change(-1.27%) $-2.39Current Price$185.21Key Data PointsMarket Cap$370BDay's Range$183.20 - $186.4252wk Range$133.77 - $214.71Volume9KAvg Vol13MGross Margin14.66%Dividend Yield3.73% Few energy companies come with a more impressive dividend track record than Chevron. The oil and gas giant has increased its dividend for 39 consecutive years. Its forward dividend yield of 3.8% is well below Chevron's average yield over the last 10 years, though, because its stock has performed so well. Chevron is built to last, with its roots dating back to 1879. The company is also poised for solid growth. Management expects Chevron's earnings per share to increase by an average of at least 10% per year. Read NextApr 26, 2026 •By Matt DiLalloOil Has Doubled From $70 to $100-Plus Since the Iran War Began. How to Position Now.Apr 25, 2026 •By Reuben Gregg BrewerWant Decades of Passive Income? 4 Energy Stocks to Buy Right NowApr 21, 2026 •By Matt DiLalloBrent Crude Dipped Below $100. Don't Bet on It Staying There.Apr 21, 2026 •By Matt DiLalloSet It and Forget It: 3 Monster Dividend Stocks Worth Holding for 10 YearsApr 21, 2026 •By Reuben Gregg BrewerBuy These 3 High-Yield Energy Stocks Now and Let the Dividends Compound ForeverApr 20, 2026 •By Robin Hartill, CFP8 Best Index Funds to Buy in April 2026About the AuthorKeith Speights is a contributing Motley Fool healthcare analyst covering publicly traded companies across pharmaceuticals, biotechnology, medical devices, technology, and marijuana. Prior to The Motley Fool, Keith was CEO of Constant Care Technology, a healthcare technology company; vice president of American HealthTech, a healthcare software company; and a director of operations for Blue Cross Blue Shield of Mississippi, a health insurer. He holds a B.S. in Industrial Engineering from Mississippi State University.TMFFishBizStocks MentionedChevronNYSE: CVX$185.21(-1.27%)-$2.39EnbridgeNYSE: ENB$53.30(+1.52%)+$0.80Enterprise Products PartnersNYSE: EPD$38.00(+0.42%)+$0.16*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
