Dividends → Oil & Gas Production

Dividends represent one part of the company’s profits from the previous period. The company distributes them between its owner-shareholders. Businesses may pay out dividends, but they are not obliged to. The method that is used to calculate the dividend is described in the company's dividend policy or articles of association. The clearer and more transparent the calculation principle, the more investors love the company. Many factors affect whether dividends are paid out. The main ones are the need for financing by major shareholders and tax optimization. So, if the state in the person of a fund or state-supported organization is one of the shareholders, the payment of regular dividends is practically guaranteed. The same is true, but to a lesser extent, in the case of a serious debt burden that is incurred by one of the business owners.

Average yield of the industry: 7.43 %

Calculated as the simple average of company dividend yields in this group.
Ticker Company name Close Price Capitalization Dividend Yield P/E ratio
Sandridge Mississippian Trust II SDR Sandridge Mississippian Trust II 0.61 USD 31 M 27.36 % 3.20
BPT BP Prudhoe Bay Royalty Trust 8.07 USD 180 M 27.31 % 1.95
SandRidge Permian Trust PER SandRidge Permian Trust 1.64 USD 82 M 21.71 % 3.99
Sandridge Mississippian Trust I SDT Sandridge Mississippian Trust I 0.52 USD 15 M 20.03 % 3.00
Vermilion Energy, Inc. VET Vermilion Energy, Inc. 15.01 USD 2.2 B 18.39 % 8.66
VOC Energy Trust VOC VOC Energy Trust 5.12 USD 86 M 16.02 % 7.06
CHKR Chesapeake Granite Wash Trust 0.93 USD 46 M 13.89 % 4.44
NRT North European Oil Royalty Trust 6.84 USD 63 M 12.87 % 8.51
PermRock Royalty Trust PRT PermRock Royalty Trust 6.91 USD 82 M 12.16 % 6.65
ROYT Pacific Coast Oil Trust 2.10 USD 80 M 11.83 % 6.43
Black Stone Minerals LP BSM Black Stone Minerals LP 13.84 USD 1.5 B 10.69 % 9.21
PBT Permian Basin Royalty Trust 5.01 USD 220 M 10.59 % 10.16
ECA Marcellus Trust I ECT ECA Marcellus Trust I 1.43 USD 25 M 10.36 % 4.89
PVL Permianville Royalty Trust 2.50 USD 80 M 10.32 % 6.93
CRT Cross Timbers Royalty Trust 9.51 USD 60 M 8.47 % 7.50
Occidental Petroleum Corp. OXY Occidental Petroleum Corp. 44.57 USD 39 B 7.09 % 8.81
SBR Sabine Royalty Trust 41.96 USD 620 M 6.55 % 12.16
Canadian Natural Resources Ltd. CNQ Canadian Natural Resources Ltd. 23.40 USD 28 B 6.41 % 7.75
Murphy Oil Corp. MUR Murphy Oil Corp. 18.97 USD 3 B 5.27 % 9.88
Apache Corp. APA Apache Corp. 20.84 USD 7.5 B 4.80 % -11.14
Kosmos Energy Ltd. KOS Kosmos Energy Ltd. 6.26 USD 2.5 B 2.89 % -23.80
Cenovus Energy, Inc. CVE Cenovus Energy, Inc. 8.17 USD 10 B 2.45 % 48.43
ConocoPhillips COP ConocoPhillips 51.47 USD 57 B 2.37 % 8.26
Noble Energy, Inc. NBL Noble Energy, Inc. 21.51 USD 10 B 2.23 % -11.17
Cabot Oil & Gas Corp. COG Cabot Oil & Gas Corp. 16.47 USD 6.8 B 2.19 % 8.37
QEP QEP Resources, Inc. 4.01 USD 890 M 2.00 % -1.38
Range Resources Corp. RRC Range Resources Corp. 4.10 USD 1 B 1.95 % -0.63
Cimarex Energy Co. XEC Cimarex Energy Co. 41.05 USD 3.9 B 1.95 % 6.62
Enerplus Corp. ERF Enerplus Corp. 6.50 USD 1.4 B 1.85 % 4.68
Encana Corp. ECA Encana Corp. 4.22 USD 5.6 B 1.78 % 3.62
Hess Corp. HES Hess Corp. 59.82 USD 18 B 1.67 % -373.88
Marathon Oil Corp. MRO Marathon Oil Corp. 12.45 USD 9.7 B 1.61 % 10.55
Devon Energy Corp. DVN Devon Energy Corp. 22.54 USD 8.7 B 1.60 % 2.76
EOG Resources, Inc. EOG EOG Resources, Inc. 75.92 USD 43 B 1.51 % 12.29
PHX Panhandle Oil & Gas, Inc. 11.20 USD 180 M 1.43 % 11.85
Pioneer Natural Resources Co. PXD Pioneer Natural Resources Co. 124.61 USD 21 B 1.41 % 23.39
Crescent Point Energy Corp. CPG Crescent Point Energy Corp. 3.00 USD 1.5 B 1.33 % -1.01
SM Energy Co. SM SM Energy Co. 9.81 USD 1 B 1.02 % 23.55
EQT Corp. EQT EQT Corp. 12.36 USD 3 B 0.97 % -8.78
Concho Resources, Inc. CXO Concho Resources, Inc. 71.63 USD 14 B 0.70 % 28.28
CRC California Resources Corp. 9.77 USD 440 M 1.36
Denbury Resources, Inc. DNR Denbury Resources, Inc. 1.06 USD 470 M 1.28
WTI W&T Offshore, Inc. 4.39 USD 590 M 3.68
CRK Comstock Resources, Inc. 5.36 USD 1 B 6.87
Chesapeake Energy Corp. CHK Chesapeake Energy Corp. 1.39 USD 2.1 B 2.25

Average yield of the industry: 6.26 %

Calculated as the simple average of company dividend yields in this group.
Ticker Company name Close Price Capitalization Dividend Yield P/E ratio
DMLP Dorchester Minerals LP 17.54 USD 610 M 11.74 % 11.03
FANG Diamondback Energy, Inc. 95.81 USD 16 B 0.78 % 15.50
MCEP Mid-Con Energy Partners LP 13 M -2.90
TGA TransGlobe Energy Corp. 100 M 5.40
BRY Berry Petroleum Corp. 670 M 9.81
VNOM Viper Energy Partners LP 3.7 B 40.81

Average yield of the industry:

Calculated as the simple average of company dividend yields in this group.
Ticker Company name Close Price Capitalization Dividend Yield P/E ratio

Average yield of the industry: 65.96 %

Calculated as the simple average of company dividend yields in this group.
Ticker Company name Close Price Capitalization Dividend Yield P/E ratio
SNMP Sanchez Midstream Partners LP 0.48 USD 8.3 M 125.00 % -0.39
EPM Evolution Petroleum Corp. 5.79 USD 190 M 6.91 % 11.54