Dividends → Oil Refining/Marketing

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: 3.24 %

Calculated as the simple average of company dividend yields in this group.
Ticker Company name Close Price Capitalization Dividend Yield P/E ratio
Andeavor Logistics LP ANDX Andeavor Logistics LP 32.17 USD 7.9 B 12.81 % 12.65
TRGP Targa Resources Corp. 39.26 USD 9.1 B 9.27 % -27.92
Enable Midstream Partners LP ENBL Enable Midstream Partners LP 9.92 USD 4.3 B 3.33 % 8.37
Western Midstream Partners LP WES Western Midstream Partners LP 19.29 USD 8.7 B 3.21 % 14.11
Phillips 66 PSX Phillips 66 118.36 USD 53 B 3.04 % 11.83
PBFX PBF Logistics LP 20.95 USD 1.3 B 2.48 % 12.36
NuStar Energy LP NS NuStar Energy LP 28.71 USD 3.1 B 2.09 % -10.71
CVI CVR Energy, Inc. 46.52 USD 4.7 B 1.72 % 11.18
PBF Energy, Inc. PBF PBF Energy, Inc. 33.46 USD 4 B 0.90 % -44.36
Valero Energy Corp. VLO Valero Energy Corp. 100.61 USD 41 B 0.89 % 18.14
Delek US Holdings, Inc. DK Delek US Holdings, Inc. 35.49 USD 2.6 B 0.85 % 7.05
Marathon Petroleum Corp. MPC Marathon Petroleum Corp. 64.69 USD 42 B 0.82 % 13.72
HFC HollyFrontier Corp. 52.54 USD 8.5 B 0.67 % 10.39
Ultrapar Participaçoes SA UGP Ultrapar Participaçoes SA 4.95 USD 5.4 B 17.48

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:

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: 0.76 %

Calculated as the simple average of company dividend yields in this group.
Ticker Company name Close Price Capitalization Dividend Yield P/E ratio
Adams Resources & Energy, Inc. AE Adams Resources & Energy, Inc. 31.62 USD 130 M 0.76 % 78.31