The world is in a state of turmoil as people look to contain the spread of COVID-19, and one of the worst-hit industries is energy. But don’t run for the hills. There are some interesting companies in the sector that have what it takes to survive this rough patch. They will likely thrive when this situation eventually passes. For those with a little moxie, it may actually be a good time to look at energy stocks Chevron Corporation (NYSE:CVX), Enterprise Products Partners (NYSE:EPD), and Total SA (NYSE:TOT).
1. A conservative giant
Chevron is one of the largest and strongest integrated energy companies on the planet. The best example of the company’s strength is its rock-solid balance sheet, where financial debt to equity sits at roughly 0.25