Dividend Stocks Newsletter for 7/31/2025

In 1976, a Chevron drilling crew struck an energy source three miles beneath the California desert, powerful enough to run a city, with no fuel costs and no carbon output.

Chevron buried the project. So did Unocal and Texaco after finding the same thing. Decades later, that same technology has landed a 15-year contract with Google, a $100 million check from Bill Gates, and a tax advantage from Washington running through 2033.

Electricity costs for utilities serving 13 states jumped from 2.2 billion to 14.7 billion in a single year, nearly seven times higher, as AI data centers strain the power grid.

One energy source runs around the clock without fuel, sunlight, or wind, and its federal tax credits remain in place through 2033. Google has signed a 15-year contract, and Bill Gates has invested 100 million.

A newly public clean energy company raised nearly 10 billion dollars in the biggest clean energy IPO ever, despite having zero commercial plants running.

Meanwhile, a 60 year old energy company posts nearly 1 billion dollars in annual revenue, has not missed a dividend in two decades, and holds a 15 year contract with Google.

With a federal Credit Termination Date looming for solar and wind, and geothermal land recently selling for 206 times asking price, the pricing gap may be closing fast.