(Source: Shutterstock)
Here is a compilation of dividends declared from select E&Ps for the fourth quarter of 2024 in the week of Nov. 11.
Upstream
Diversified Energy
Diversified Energy Co. (NYSE: DEC) declared an interim dividend of $0.29 per share.
Diversified said the dividend is payable March 31, 2025 to holders of record by Feb. 28, 2025.
Evolution Petroleum
Evolution Petroleum Corp. (NYSE American: EPM) announced a quarterly dividend of $0.12 per common share for the second-quarter 2025.
The dividend is payable Dec. 31 to common stockholders of record by Dec. 13.
Mach Natural Resources
Mach Natural Resources LP (NYSE: MNR) declared a quarterly cash distribution of $0.60 per unit, payable Dec. 10 to unitholders of record by Nov. 26.
Surge Energy
Calgary, Alberta-based Surge Energy Inc. confirmed a cash dividend CA$0.043 (US$0.31) per share.
The dividend is payable Dec. 16 to shareholders of record by Nov. 30.
Suncor Energy
Calgary-based Suncor Energy (TSX: SU; NYSE:SU) approved an increased quarterly dividend of CA$0.57 (US$0.40) per common share.
The dividend is payable Dec. 24 to shareholders of record by Dec. 3 and represents a 5% increase over the previous quarter’s dividend.
VAALCO Energy
VAALCO Energy Inc. (NYSE: EGY) declared a quarterly cash dividend of approximately $0.063 per share of common stock, or $0.25 per share on an annualized basis.
The dividend is payable Dec. 20 to stockholders of record by Nov. 22.
Recommended Reading
EIA: NatGas Storage Withdrawal Eclipses 300 Bcf
2025-01-30 - The U.S. Energy Information Administration’s storage report failed to lift natural gas prices, which have spent the week on a downturn.
EQT: Gas Demand Likely to Outpace Midstream Sector’s Ability to Supply
2025-02-19 - Most infrastructure projects being built will not come online for another year—too late for the quickening pace of gas demand.
US NatGas Prices Hit 23-Month High on Increased LNG Feedgas, Heating Demand
2024-12-24 - U.S. natural gas futures hit a 23-month high on Dec. 24 in thin pre-holiday trading.
EIA: NatGas Storage Plunges, Prices Soar
2025-01-16 - Frigid weather and jumping LNG demand have pushed natural gas above $4/MMBtu.
NatGas Prices, E&Ps Take a Hit from DeepSeeking Missile
2025-01-28 - E&Ps such as Expand Energy and EQT Corp. saw share prices drop on news of less power-intensive AI, but analysts predict the natural gas market will rebound as LNG exports and overall power demand continues to increase.
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.