Oil prices have experienced significant volatility this year, largely driven by escalating tensions in the Iran conflict. Brent crude, which began the year at approximately $60 per barrel, surged to nearly $120 before settling below $110 recently. This unpredictability presents unique opportunities for investors in energy stocks, particularly those that can perform well regardless of price fluctuations.

Two strategies stand out: first, consider investing in companies like ExxonMobil (XOM), which is focused on enhancing profitability through low-cost, high-margin assets and structural cost savings. Exxon’s strategic plan aims for substantial earnings growth, potentially generating $145 billion in surplus cash by 2030, even if oil prices decline. Second, pipeline operators like Kinder Morgan (KMI) offer a more stable investment avenue, with minimal exposure to commodity prices due to their reliance on long-term contracts and regulated rate structures, ensuring steady cash flow.

In this volatile environment, diversifying into resilient oil stocks or pipeline companies can provide investors with a hedge against market fluctuations while positioning for potential growth.

Source: fool.com