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: 3.25 %

Calculated as the simple average of company dividend yields in this group.
Ticker Company name Close Price Capitalization Dividend Yield P/E ratio
PermRock Royalty Trust PRT PermRock Royalty Trust 2.06 USD 25 M 40.88 % 3.14
SandRidge Permian Trust PER SandRidge Permian Trust 0.43 USD 24 M 18.60 % 1.37
BPT BP Prudhoe Bay Royalty Trust 4.04 USD 86 M 10.50 % 2.44
Sandridge Mississippian Trust I SDT Sandridge Mississippian Trust I 0.17 USD 4.2 M 8.00 % 0.98
CHKR Chesapeake Granite Wash Trust 0.40 USD 19 M 7.23 % 2.92
Occidental Petroleum Corp. OXY Occidental Petroleum Corp. 12.95 USD 12 B 6.10 % -3.07
ECA Marcellus Trust I ECT ECA Marcellus Trust I 0.47 USD 8.1 M 4.05 % 6.03
Kosmos Energy Ltd. KOS Kosmos Energy Ltd. 1.82 USD 730 M 2.48 % -3.97
Canadian Natural Resources Ltd. CNQ Canadian Natural Resources Ltd. 18.10 USD 22 B 2.35 % 9.02
QEP QEP Resources, Inc. 0.85 USD 220 M 2.34 % 0.53
NRT North European Oil Royalty Trust 4.72 USD 40 M 2.33 % 8.14
Vermilion Energy, Inc. VET Vermilion Energy, Inc. 4.97 USD 810 M 2.31 % -0.79
Murphy Oil Corp. MUR Murphy Oil Corp. 11.95 USD 1.9 B 2.09 % 2.87
VOC Energy Trust VOC VOC Energy Trust 2.03 USD 35 M 1.48 % 3.08
Cenovus Energy, Inc. CVE Cenovus Energy, Inc. 4.33 USD 5.4 B 1.44 % 23.67
ROYT Pacific Coast Oil Trust 0.28 USD 11 M 1.36 % 0.87
Black Stone Minerals LP BSM Black Stone Minerals LP 6.34 USD 1.3 B 1.26 % 5.02
Devon Energy Corp. DVN Devon Energy Corp. 10.81 USD 4.5 B 1.02 % -2.16
ConocoPhillips COP ConocoPhillips 42.18 USD 46 B 1.00 % 13.13
Marathon Oil Corp. MRO Marathon Oil Corp. 5.34 USD 4.5 B 0.94 % 16.65
PVL Permianville Royalty Trust 1.65 USD 56 M 0.93 % 5.16
Cimarex Energy Co. XEC Cimarex Energy Co. 26.28 USD 2.8 B 0.84 % -2.58
CRT Cross Timbers Royalty Trust 7.20 USD 46 M 0.78 % 7.22
EOG Resources, Inc. EOG EOG Resources, Inc. 50.97 USD 30 B 0.74 % 13.96
Pioneer Natural Resources Co. PXD Pioneer Natural Resources Co. 91.60 USD 15 B 0.60 % 21.98
SBR Sabine Royalty Trust 27.98 USD 410 M 0.54 % 9.81
Hess Corp. HES Hess Corp. 47.47 USD 15 B 0.53 % -5.02
Cabot Oil & Gas Corp. COG Cabot Oil & Gas Corp. 19.84 USD 7.7 B 0.50 % 17.31
Encana Corp. ECA Encana Corp. 3.79 USD 4.9 B 0.49 % 3.06
PBT Permian Basin Royalty Trust 3.67 USD 180 M 0.45 % 8.10
Enerplus Corp. ERF Enerplus Corp. 2.69 USD 620 M 0.37 % -2.78
Concho Resources, Inc. CXO Concho Resources, Inc. 54.52 USD 11 B 0.37 % -1.15
Range Resources Corp. RRC Range Resources Corp. 5.99 USD 1.5 B 0.33 % -0.95
SM Energy Co. SM SM Energy Co. 3.52 USD 420 M 0.28 % -0.94
PHX Panhandle Oil & Gas, Inc. 4.18 USD 76 M 0.24 % -0.99
Apache Corp. APA Apache Corp. 10.79 USD 4.5 B 0.23 % -0.51
EQT Corp. EQT EQT Corp. 13.34 USD 3.4 B 0.22 % -2.16
Noble Energy, Inc. NBL Noble Energy, Inc. 10.10 USD 4.6 B 0.20 % -0.81
Crescent Point Energy Corp. CPG Crescent Point Energy Corp. 1.40 USD 770 M 0.18 % -0.30
Sandridge Mississippian Trust II SDR Sandridge Mississippian Trust II 0.61 USD 31 M 3.20
CRC California Resources Corp. 1.33 USD 65 M -2.29
Denbury Resources, Inc. DNR Denbury Resources, Inc. 0.21 USD 120 M 0.31
Chesapeake Energy Corp. CHK Chesapeake Energy Corp. 13.01 USD 130 M -0.01
WTI W&T Offshore, Inc. 2.61 USD 370 M 5.10
CRK Comstock Resources, Inc. 5.36 USD 1 B 9.40

Average yield of the industry: 4.34 %

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. 0.54 USD 39 M 12.96 % -0.76
DMLP Dorchester Minerals LP 11.59 USD 410 M 4.12 % 8.79
BRY Berry Petroleum Corp. 4.29 USD 350 M 2.80 % -8.60
VNOM Viper Energy Partners LP 10.52 USD 1.7 B 0.95 % -5.52
FANG Diamondback Energy, Inc. 42.94 USD 6.8 B 0.87 % -111.79
MCEP Mid-Con Energy Partners LP 2.36 USD 4.1 M -0.77

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: 93.08 %

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 0.32 USD 7.5 M 185.13 % 30.58
EPM Evolution Petroleum Corp. 2.44 USD 82 M 1.02 % 7.00