Should You Ignore Chevron and Buy This Magnificent High-Yield Energy Stock Instead?

Chevron (NYSE: CVX) is a very well-run energy company. And it offers an attractive 4.3% dividend yield backed by 37 years worth of annual dividend increases. If you are looking for a diversified energy stock with a high yield, it would make a great addition to your portfolio. But if you care more about yield than about diversification, you might be better off with Enterprise Products Partners (NYSE: EPD). Here's why.Chevron is what is known as an integrated energy major. The "major" part is related to its size and industry position, noting that, given its $270 billion market cap, it is one of the largest energy companies on the planet. Its business is spread around the world, giving it a material amount of geographic diversification. But that isn't the only diversification it has.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool