Investors are advised to approach the current high energy prices with caution, as historical trends indicate that volatility is a constant in the sector. The ongoing geopolitical tensions driving prices upward are not sustainable, and a decline is likely as these conflicts resolve. For conservative investors seeking reliable income, high-yield stocks like Enterprise Products Partners (EPD) and Enbridge (ENB) present attractive options, boasting distribution yields of 5.6% and 5.1%, respectively. Their business models focus on charging fees for energy infrastructure usage, making them less sensitive to fluctuating energy prices.

Chevron (CVX) also stands out as a solid choice for those inclined towards oil producers, offering a 3.7% dividend yield backed by a diversified portfolio and a strong balance sheet. Both Chevron and ExxonMobil (XOM) have demonstrated resilience through energy cycles, making them safer bets in a volatile market.

Ultimately, while high oil prices may be enticing, investors should prioritize stability and reliable dividends in their energy sector investments, especially as prices are expected to fall in the future.

Source: fool.com