Oil prices are notoriously volatile. In the past three years, the primary U.S. oil price benchmark, West Texas Intermediate, has ranged from a low of around $35 a barrel to a peak of more than $120. That volatility greatly affects the cash flows of companies focused on producing oil, which can affect their ability to pay dividends.
However, some energy stocks are relatively immune to the impacts of oil price volatility. These three stand out to a few Fool.com contributors as ideal oil dividend stocks because of their ability to withstand the ebbs and flows of oil prices. Here’s a look at why they believe these energy companies are no-brainers for those seeking steady income from the oil patch.
This post originally appeared at The Motley Fool.