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: 2.64 %

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
PermRock Royalty Trust PRT PermRock Royalty Trust 5.21 USD 62 M 16.12 % 5.82
SandRidge Permian Trust PER SandRidge Permian Trust 0.90 USD 47 M 8.92 % 2.42
Sandridge Mississippian Trust I SDT Sandridge Mississippian Trust I 0.17 USD 4.2 M 8.00 % 0.98
BPT BP Prudhoe Bay Royalty Trust 7.36 USD 160 M 5.76 % 2.24
CHKR Chesapeake Granite Wash Trust 0.66 USD 32 M 5.59 % 3.70
ECA Marcellus Trust I ECT ECA Marcellus Trust I 0.61 USD 11 M 3.10 % 2.60
Black Stone Minerals LP BSM Black Stone Minerals LP 10.37 USD 2.1 B 2.89 % 6.55
VOC Energy Trust VOC VOC Energy Trust 4.03 USD 71 M 2.73 % 5.52
Occidental Petroleum Corp. OXY Occidental Petroleum Corp. 42.12 USD 38 B 1.88 % 27.35
NRT North European Oil Royalty Trust 4.27 USD 39 M 1.87 % 6.24
Vermilion Energy, Inc. VET Vermilion Energy, Inc. 14.33 USD 2.3 B 1.61 % 8.15
PBT Permian Basin Royalty Trust 4.02 USD 180 M 1.25 % 8.57
Canadian Natural Resources Ltd. CNQ Canadian Natural Resources Ltd. 30.09 USD 36 B 1.25 % 11.83
PVL Permianville Royalty Trust 2.00 USD 67 M 1.23 % 6.69
CRT Cross Timbers Royalty Trust 9.09 USD 54 M 1.17 % 8.88
SM Energy Co. SM SM Energy Co. 8.53 USD 1 B 1.17 % -5.13
Murphy Oil Corp. MUR Murphy Oil Corp. 22.00 USD 3.4 B 1.14 % 3.10
ROYT Pacific Coast Oil Trust 0.39 USD 15 M 0.99 % 1.19
Apache Corp. APA Apache Corp. 28.40 USD 11 B 0.88 % -11.22
Kosmos Energy Ltd. KOS Kosmos Energy Ltd. 5.28 USD 2.1 B 0.86 % 12.72
QEP QEP Resources, Inc. 2.60 USD 660 M 0.77 % -1.00
ConocoPhillips COP ConocoPhillips 58.44 USD 64 B 0.72 % 9.09
Cenovus Energy, Inc. CVE Cenovus Energy, Inc. 9.04 USD 11 B 0.69 % 6.76
Cabot Oil & Gas Corp. COG Cabot Oil & Gas Corp. 15.35 USD 6.3 B 0.65 % 7.81
PHX Panhandle Oil & Gas, Inc. 6.27 USD 110 M 0.64 % -2.01
Range Resources Corp. RRC Range Resources Corp. 3.14 USD 820 M 0.64 % -0.46
Noble Energy, Inc. NBL Noble Energy, Inc. 19.16 USD 8.9 B 0.63 % -5.67
SBR Sabine Royalty Trust 36.18 USD 530 M 0.61 % 10.65
EQT Corp. EQT EQT Corp. 5.81 USD 1.5 B 0.52 % -2.17
Cimarex Energy Co. XEC Cimarex Energy Co. 43.30 USD 4.4 B 0.51 % -19.88
Encana Corp. ECA Encana Corp. 3.79 USD 4.9 B 0.49 % 3.06
Marathon Oil Corp. MRO Marathon Oil Corp. 10.11 USD 8.2 B 0.49 %
Devon Energy Corp. DVN Devon Energy Corp. 20.97 USD 8.6 B 0.43 % -22.34
Hess Corp. HES Hess Corp. 64.42 USD 20 B 0.39 %
Pioneer Natural Resources Co. PXD Pioneer Natural Resources Co. 142.25 USD 24 B 0.39 % 31.68
EOG Resources, Inc. EOG EOG Resources, Inc. 74.21 USD 44 B 0.39 % 14.32
Crescent Point Energy Corp. CPG Crescent Point Energy Corp. 3.18 USD 1.8 B 0.31 % -0.93
Concho Resources, Inc. CXO Concho Resources, Inc. 79.38 USD 16 B 0.25 % -22.19
Enerplus Corp. ERF Enerplus Corp. 5.04 USD 1.2 B 0.20 % 3.78
CRC California Resources Corp. 7.59 USD 320 M 0.98
Denbury Resources, Inc. DNR Denbury Resources, Inc. 0.93 USD 460 M 1.14
WTI W&T Offshore, Inc. 3.38 USD 500 M 2.41
Chesapeake Energy Corp. CHK Chesapeake Energy Corp. 0.45 USD 940 M 0.92
CRK Comstock Resources, Inc. 6.73 USD 1.3 B 8.40

Average yield of the industry: 2.43 %

Calculated as the simple average of company dividend yields in this group.
Ticker Company name Close Price Capitalization Dividend Yield P/E ratio
TGA TransGlobe Energy Corp. 1.20 USD 89 M 5.83 % 2.52
DMLP Dorchester Minerals LP 15.92 USD 550 M 2.27 % 9.72
VNOM Viper Energy Partners LP 23.57 USD 3.6 B 1.91 % 28.16
BRY Berry Petroleum Corp. 7.28 USD 610 M 1.65 % 3.29
FANG Diamondback Energy, Inc. 74.97 USD 13 B 0.50 % 54.65
MCEP Mid-Con Energy Partners LP 0.24 USD 7.7 M 1.55

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: 83.65 %

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 0.36 USD 7.7 M 165.29 % 0.08
EPM Evolution Petroleum Corp. 5.00 USD 170 M 2.00 % 16.19