With 2024 year-end earnings season underway, here is a compilation of dividends declared from select upstream, midstream, downstream and service and supply companies. (Source: Shutterstock)
Here is a compilation of dividends declared from select upstream, midstream, downstream and service and supply companies during the week of Feb. 17.
Upstream
Matador Resources
Matador Resources Co. (NYSE: MTDR) announced a 25% increase on its dividend to $0.3125 per share, or $1.25 on an annualized basis. The dividend is payable March 14 to shareholders of record by Feb. 28.
Surge Energy
Calgary, Alberta-based Surge Energy Inc. (TSX: SGY) declared a cash dividend of CA$0.0433 (US$0.030) per share. The dividend is payable March 17 to shareholders of record by Feb. 28.
Devon Energy
Devon Energy Corp. (NYSE: DVN) declared a quarterly dividend of $0.24 per share, payable March 31 to shareholders of record by March 14.
Midstream
Gibson Energy
Calgary-based Gibson Energy Inc. (TSX: GEI) approved a quarterly dividend of CA$0.43 (US$0.30) per common share, representing a 5% increase to its dividend.
The dividend is payable April 17 to shareholders of record by March 31.
Downstream
Delek US Holdings
Delek US holdings Inc. (NYSE: DK) announced a quarterly dividend of $0.255 per share, payable March 10 to shareholders of record by March 3.
Service and Supply
Excelerate Energy
Excelerate Energy Inc. (NYSE: EE) announced a quarterly cash dividend of $0.66 per Class A common stock.
The dividend is payable March 27 to shareholders of record by March 12.
NOV
NOV Inc. (NYSE NOV) confirmed a regular quarterly cash dividend of $0.075 per common stock, payable March 28 to stockholders of record by March 14.
Recommended Reading
Phillips 66 Director Criticizes Activist Investor Elliott Amid Proxy Battle
2025-03-28 - A boardroom battle between U.S. refiner Phillips 66 and activist investor Elliott Investment Management has intensified with a Phillips 66 independent director leveling criticisms at Elliott in an open letter to shareholders.
Dividends Declared in Weeks of March 17, 24
2025-03-28 - Here is a compilation of dividends declared from select upstream and midstream companies during the weeks of March 17 and March 24.
Tribal Nations Step Away from Enbridge’s Line 5 Process
2025-03-26 - The U.S. Army Corps of Engineers included Line 5 on a list of projects to be considered for emergency permitting. But native groups say the potential emergency designation for the project is unfair.
Ironwood Launches Third Eagle Ford Midstream Co. After January Sale
2025-03-25 - Ironwood Midstream has launched its third iteration after having sold assets to Plains All American in January.
Elliott Sues Phillips 66 to Put Board Nominees Up for Vote
2025-03-25 - Elliott Investment Management has asked a court to order Phillips 66 to require four board seats to stand for election at its annual shareholder meeting.
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.