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: 6.66 %

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 0.24 USD 9.2 M 120.00 % 0.73
Sandridge Mississippian Trust II SDR Sandridge Mississippian Trust II 0.61 USD 31 M 27.36 % 3.20
BPT BP Prudhoe Bay Royalty Trust 6.84 USD 150 M 19.58 % 2.09
VOC Energy Trust VOC VOC Energy Trust 4.61 USD 78 M 16.05 % 6.32
PermRock Royalty Trust PRT PermRock Royalty Trust 5.41 USD 66 M 15.53 % 6.04
SandRidge Permian Trust PER SandRidge Permian Trust 0.89 USD 47 M 8.17 % 2.41
Sandridge Mississippian Trust I SDT Sandridge Mississippian Trust I 0.17 USD 4.2 M 8.00 % 0.98
CHKR Chesapeake Granite Wash Trust 0.52 USD 24 M 7.22 % 2.89
Apache Corp. APA Apache Corp. 19.99 USD 7.5 B 5.00 % -7.90
Murphy Oil Corp. MUR Murphy Oil Corp. 24.44 USD 3.8 B 4.09 % 2.99
ECA Marcellus Trust I ECT ECA Marcellus Trust I 0.59 USD 10 M 3.56 % 2.50
Black Stone Minerals LP BSM Black Stone Minerals LP 11.97 USD 2.5 B 3.09 % 7.75
NRT North European Oil Royalty Trust 5.62 USD 52 M 2.85 % 6.82
ConocoPhillips COP ConocoPhillips 61.97 USD 68 B 2.71 % 8.38
Cenovus Energy, Inc. CVE Cenovus Energy, Inc. 9.29 USD 11 B 2.69 % 21.35
Occidental Petroleum Corp. OXY Occidental Petroleum Corp. 39.01 USD 35 B 2.03 % 25.33
Cimarex Energy Co. XEC Cimarex Energy Co. 47.84 USD 4.9 B 1.67 % 9.51
Vermilion Energy, Inc. VET Vermilion Energy, Inc. 14.77 USD 2.3 B 1.56 % 8.40
Devon Energy Corp. DVN Devon Energy Corp. 23.14 USD 9 B 1.56 % 7.17
EOG Resources, Inc. EOG EOG Resources, Inc. 73.96 USD 43 B 1.55 % 14.28
EQT Corp. EQT EQT Corp. 8.78 USD 2.2 B 1.37 % -3.29
Canadian Natural Resources Ltd. CNQ Canadian Natural Resources Ltd. 29.33 USD 35 B 1.28 % 11.53
PBT Permian Basin Royalty Trust 3.54 USD 160 M 1.10 % 7.54
SM Energy Co. SM SM Energy Co. 9.14 USD 1 B 1.09 % 4.56
CRT Cross Timbers Royalty Trust 7.87 USD 47 M 0.79 % 7.69
Kosmos Energy Ltd. KOS Kosmos Energy Ltd. 6.04 USD 2.4 B 0.75 % 15.46
Cabot Oil & Gas Corp. COG Cabot Oil & Gas Corp. 16.08 USD 6.6 B 0.62 % 8.43
PVL Permianville Royalty Trust 1.69 USD 56 M 0.59 % 5.65
QEP QEP Resources, Inc. 3.49 USD 830 M 0.57 % -1.34
Noble Energy, Inc. NBL Noble Energy, Inc. 21.86 USD 10 B 0.55 % -9.26
Range Resources Corp. RRC Range Resources Corp. 3.85 USD 970 M 0.52 % -0.57
Encana Corp. ECA Encana Corp. 4.05 USD 5.3 B 0.46 % 3.27
Marathon Oil Corp. MRO Marathon Oil Corp. 12.45 USD 10 B 0.40 % 11.46
Hess Corp. HES Hess Corp. 62.26 USD 19 B 0.40 % -91.45
Pioneer Natural Resources Co. PXD Pioneer Natural Resources Co. 133.90 USD 22 B 0.33 % 31.04
PHX Panhandle Oil & Gas, Inc. 12.49 USD 200 M 0.32 % 13.22
SBR Sabine Royalty Trust 38.97 USD 570 M 0.31 % 11.53
Crescent Point Energy Corp. CPG Crescent Point Energy Corp. 3.62 USD 2 B 0.28 % -1.05
Concho Resources, Inc. CXO Concho Resources, Inc. 76.50 USD 15 B 0.16 % 12.03
Enerplus Corp. ERF Enerplus Corp. 6.49 USD 1.4 B 0.15 % 4.86
CRC California Resources Corp. 7.81 USD 380 M 1.01
Denbury Resources, Inc. DNR Denbury Resources, Inc. 1.03 USD 500 M 1.27
WTI W&T Offshore, Inc. 4.43 USD 620 M 3.16
CRK Comstock Resources, Inc. 6.44 USD 1.2 B 8.04
Chesapeake Energy Corp. CHK Chesapeake Energy Corp. 0.76 USD 1.2 B 1.56

Average yield of the industry: 4.19 %

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 17.24 USD 600 M 11.58 % 10.32
TGA TransGlobe Energy Corp. 1.19 USD 86 M 5.88 % 2.46
VNOM Viper Energy Partners LP 25.08 USD 3.4 B 1.83 % 33.05
BRY Berry Petroleum Corp. 8.51 USD 690 M 1.41 % 3.89
FANG Diamondback Energy, Inc. 83.23 USD 13 B 0.23 % 11.98
MCEP Mid-Con Energy Partners LP 0.26 USD 8 M 1.64

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: 119.30 %

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 0.25 USD 5.1 M 236.69 % 0.06
EPM Evolution Petroleum Corp. 5.23 USD 170 M 1.91 % 14.02