Better Energy Stock: Diamondback Energy vs. Chevron
When considering energy stock investments, it’s crucial to address this question, even though the solutions may not be instantly obvious. It’s worth mentioning that these companies are exceptionally managed and have a lower “break-even” oil price for operations as a point of pride. This break-even oil price is the minimum cost at which oil is required to cover the company’s operational costs, maintenance capital spending on existing wells, and base dividend payments.