(Source: Shutterstock)
Here is a compilation of dividends and distributions declared from select upstream, midstream and service and supply companies from Sept. 30 to Oct. 11.
Upstream
EQT
EQT Corp. (NYSE: EQT) declared a quarterly cash dividend on its common stock of $0.1575 per share, payable Dec. 2 to holders of record by Nov. 6.
Murphy Oil
Murphy Oil Corp. (NYSE: MUR) declared a quarterly cash dividend on its common stock of $0.30 per share, or $1.20 per share on an annualized basis.
The dividend is payable Dec. 2 to stockholders of record by Nov. 18.
Riley Permian
Riley Exploration Permian Inc. (NYSE American: REPX) approved an increased dividend on its common stock of $0.38 per share.
This represents a 6% increase from the previous dividend of $0.36 per share distributed in the four quarters prior, Riley Permian said.
The dividend is payable Nov. 7 to stockholders of record by Oct. 24.
Midstream
Targa Resources
Targa Resources Corp. (NYSE: TRGP) announced a quarterly cash dividend of $0.75 per common share, or $3 per share on an annualized basis.
The dividend will be payable Nov. 15 to holders of record by Oct. 31.
Enterprise Products Partners
Enterprise Products Partners LP (NYSE: EPD) announced a quarterly cash distribution of $0.525 per unit, or $2.10 per unit on an annualized basis.
The distribution will be payable Nov. 14 to common unitholders of record by Oct. 31.
This distribution represents a 5% increase over the distribution declared with respect to the third quarter of 2023.
Genesis Energy
Genesis Energy LP (NYSE: GEL) declared a quarterly cash distribution for Class A convertible preferred unit holders.
Each common unit holder will receive $0.165 per share, or $0.66 per share on an annualized basis.
Each preferred unit holder will be paid a distribution of $0.95 per share, or $3.8 per share on an annualized basis.
Both distributions will be payable Nov. 14 to holders of record by Oct. 31.
USA Compression Partners
USA Compression Partners LP (NYSE: USAC) announced a cash distribution of $0.525 per common unit, or $2.10 per share on an annualized basis.
The dividend will be payable Nov. 1 to unitholders of record by Oct. 21.
Service and Supply
NW Natural Holding
Northwest Natural Holding Co. (NYSE: NWN) has declared a quarterly dividend of $0.49 per share on its common stock.
The dividend will be payable Nov. 15 to shareholders of record by Oct. 31.
Recommended Reading
Chevron Targets Up to $8B in Free Cash Flow Growth Next Year, CEO Says
2025-01-08 - The No. 2 U.S. oil producer expects results to benefit from the start of new or expanded oil production projects in Kazakhstan, U.S. shale and the offshore U.S. Gulf of Mexico.
Riverstone’s Leuschen Plans to IPO Methane-Mitigation-Focused SPAC
2025-01-21 - The SPAC will be Riverstone Holdings co-founder David Leuschen’s eighth, following the Permian Basin’s Centennial Resources, the Anadarko’s Alta Mesa Holdings and the Montney’s Hammerhead Resources.
Lion Equity Partners Buys Global Compression from Warren Equipment
2025-01-09 - Private equity firm Lion Equity Partners has acquired Warren Equipment Co.’s Global Compression Services business.
Not Sweating DeepSeek: Exxon, Chevron Plow Ahead on Data Center Power
2025-01-31 - The launch of the energy-efficient DeepSeek chatbot roiled tech and power markets in late January. But supermajors Exxon Mobil and Chevron continue to field intense demand for data-center power supply, driven by AI technology customers.
Utica’s Infinity Natural Resources Seeks $1.2B Valuation with IPO
2025-01-21 - Appalachian Basin oil and gas producer Infinity Natural Resources plans to sell 13.25 million shares at a public purchase price between $18 and $21 per share—the latest in a flurry of energy-focused IPOs.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.