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: 6.89 %

Calculated as the simple average of company dividend yields in this group.
Ticker Company name Close Price Capitalization Dividend Yield P/E ratio
ROYT Pacific Coast Oil Trust 0.27 USD 10 M 105.78 % 0.83
Sandridge Mississippian Trust II SDR Sandridge Mississippian Trust II 0.61 USD 31 M 27.36 % 3.20
Vermilion Energy, Inc. VET Vermilion Energy, Inc. 14.79 USD 2.3 B 18.66 % 8.41
BPT BP Prudhoe Bay Royalty Trust 7.21 USD 150 M 18.57 % 2.20
VOC Energy Trust VOC VOC Energy Trust 4.92 USD 84 M 15.04 % 6.74
PermRock Royalty Trust PRT PermRock Royalty Trust 6.40 USD 78 M 13.13 % 6.16
PVL Permianville Royalty Trust 1.91 USD 63 M 11.94 % 6.39
Sandridge Mississippian Trust I SDT Sandridge Mississippian Trust I 0.16 USD 4.6 M 8.27 % 1.07
SandRidge Permian Trust PER SandRidge Permian Trust 0.95 USD 50 M 7.72 % 2.55
CHKR Chesapeake Granite Wash Trust 0.60 USD 28 M 6.23 % 3.35
Apache Corp. APA Apache Corp. 23.91 USD 9 B 4.18 % -9.45
Murphy Oil Corp. MUR Murphy Oil Corp. 24.33 USD 3.8 B 4.11 % 2.98
Black Stone Minerals LP BSM Black Stone Minerals LP 12.37 USD 2.5 B 2.99 % 8.00
ConocoPhillips COP ConocoPhillips 58.25 USD 64 B 2.88 % 7.88
ECA Marcellus Trust I ECT ECA Marcellus Trust I 0.74 USD 13 M 2.82 % 3.16
Cenovus Energy, Inc. CVE Cenovus Energy, Inc. 9.27 USD 11 B 2.70 % 21.30
NRT North European Oil Royalty Trust 5.99 USD 55 M 2.67 % 7.45
Occidental Petroleum Corp. OXY Occidental Petroleum Corp. 38.95 USD 35 B 2.03 % 25.29
Range Resources Corp. RRC Range Resources Corp. 4.23 USD 1.1 B 1.89 % -0.62
Cimarex Energy Co. XEC Cimarex Energy Co. 46.86 USD 4.8 B 1.71 % 9.28
Devon Energy Corp. DVN Devon Energy Corp. 22.56 USD 8.7 B 1.60 % 6.99
EOG Resources, Inc. EOG EOG Resources, Inc. 73.48 USD 43 B 1.57 % 14.18
Hess Corp. HES Hess Corp. 68.02 USD 21 B 1.47 % -99.91
Canadian Natural Resources Ltd. CNQ Canadian Natural Resources Ltd. 28.02 USD 33 B 1.34 % 11.02
EQT Corp. EQT EQT Corp. 10.35 USD 2.6 B 1.16 % -3.87
SM Energy Co. SM SM Energy Co. 9.19 USD 1 B 1.09 % 4.59
CRT Cross Timbers Royalty Trust 8.34 USD 50 M 0.91 % 8.15
SBR Sabine Royalty Trust 39.60 USD 580 M 0.81 % 11.72
PBT Permian Basin Royalty Trust 3.83 USD 180 M 0.72 % 8.16
Kosmos Energy Ltd. KOS Kosmos Energy Ltd. 7.22 USD 2.9 B 0.63 % 18.47
QEP QEP Resources, Inc. 3.49 USD 830 M 0.57 % -1.34
Noble Energy, Inc. NBL Noble Energy, Inc. 20.88 USD 10 B 0.57 % -8.85
Cabot Oil & Gas Corp. COG Cabot Oil & Gas Corp. 18.17 USD 7.4 B 0.55 % 9.53
Encana Corp. ECA Encana Corp. 4.36 USD 5.7 B 0.43 % 3.53
Marathon Oil Corp. MRO Marathon Oil Corp. 12.10 USD 9.7 B 0.41 % 11.13
Pioneer Natural Resources Co. PXD Pioneer Natural Resources Co. 134.28 USD 22 B 0.33 % 31.13
PHX Panhandle Oil & Gas, Inc. 13.49 USD 220 M 0.30 % 14.27
Crescent Point Energy Corp. CPG Crescent Point Energy Corp. 4.02 USD 2.2 B 0.25 % -1.17
Concho Resources, Inc. CXO Concho Resources, Inc. 73.16 USD 15 B 0.17 % 11.50
Enerplus Corp. ERF Enerplus Corp. 6.39 USD 1.4 B 0.16 % 4.79
CRC California Resources Corp. 8.67 USD 430 M 1.12
Denbury Resources, Inc. DNR Denbury Resources, Inc. 1.06 USD 510 M 1.30
WTI W&T Offshore, Inc. 4.40 USD 620 M 3.13
Chesapeake Energy Corp. CHK Chesapeake Energy Corp. 0.70 USD 1.1 B 1.43
CRK Comstock Resources, Inc. 6.77 USD 1.3 B 8.45

Average yield of the industry: 4.05 %

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 17.95 USD 620 M 11.12 % 10.75
TGA TransGlobe Energy Corp. 1.18 USD 86 M 5.93 % 2.44
VNOM Viper Energy Partners LP 24.33 USD 3.3 B 1.89 % 32.06
BRY Berry Petroleum Corp. 11.31 USD 920 M 1.06 % 5.17
FANG Diamondback Energy, Inc. 77.09 USD 12 B 0.24 % 11.10
MCEP Mid-Con Energy Partners LP 0.32 USD 9.9 M 2.02

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: 89.13 %

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 0.34 USD 6.8 M 176.47 % 0.08
EPM Evolution Petroleum Corp. 5.61 USD 180 M 1.78 % 15.04