Energy stocks to buy now do not include Saudi Arabia’s national oil company Aramco, which just completed its $25.6 billion initial public offering (IPO).

The huge offering lets the Saudi royal family retain 98.5 percent of Aramco’s shares, but investors may prefer different energy sector companies that offer better potential for share price appreciation, dividend payouts and no threat of undue influence by the nation’s rulers. Less traditional energy investments that are part of diversified companies with other businesses offer investors reduced risk.

A big deterrent for U.S. investors to buy Aramco’s shares is that they will be listed on the Saudi Stock Exchange, the Tadawul. Since the stock will not be available on U.S. stock exchanges, shareholders will lack the protection of investing in companies that comply with the rules and regulations of the U.S. Securities and Exchange Commission (SEC).

Aramco’s IPO price reached the top of its range of 32 Saudi riyals, or $8.53, per share, and surpassed the world’s previous largest initial offering of $25 billion in September 2014 by Alibaba Group (NYSE:BABA). The IPO values Aramco at $1.7 trillion to give it the distinction as the world’s largest listed company by market capitalization.

Paul Dykewicz interviews Hilary Kramer, whose new 2-Day Trader service is 20 out of 25 in recommending profitable trades averaging 8.7 percent returns since its launch.

To read the rest of Paul’s weekly investment column, please click here.

Paul Dykewicz, www.pauldykewicz.com, is an accomplished, award-winning journalist who has written for Dow Jones, the Wall Street Journal, Investor’s Business Daily, USA Today, the Journal of Commerce,Seeking Alpha, GuruFocus and other publications and websites. Paul is the editor of StockInvestor.com and DividendInvestor.com, a writer for both websites and a columnist. He further is the editorial director of Eagle Financial Publications in Washington, D.C., where he edits monthly investment newsletters, time-sensitive trading alerts, free e-letters and other investment reports. Paul previously served as business editor of Baltimore’s Daily Record newspaper. Paul also is the author of an inspirational book, “Holy Smokes! Golden Guidance from Notre Dame’s Championship Chaplain,” with a foreword by former national championship-winning football coach Lou Holtz. Follow Paul on Twitter @PaulDykewicz.