(Source: Shutterstock)
With third-quarter 2024 earnings season underway, here is a compilation of dividends declared from select upstream and midstream companies in the week of Oct. 14.
Upstream
Black Stone Minerals
Black Stone Minerals LP (NYSE: BSM) approved a cash distribution of $0.375 per common unit.
The distribution is payable Nov. 15 to unitholders of record by Nov. 8.
Dorchester Minerals
Dorchester Minerals LP (Nasdaq: DMLP) announced a cash distribution of $0.995 per common unit payable Nov. 7 to common unitholders of record by Oct. 28.
Freehold Royalties
Calgary, Alberta-based Freehold Royalties Ltd. (TSX: FRU) has declared a dividend of CA$0.09 (US$0.065) per common share.
The dividend will be payable Nov. 15 to shareholders of record by Oct. 31.
Liberty Energy
Liberty Energy Inc. (NYSE: LBRT) declared a cash dividend of $0.08 per share of Class A common stock, payable Dec. 20 to shareholders of record by Dec. 6.
Matador Resources
Matador Resources Co. (NYSE: MTDR) announced an increase to its quarterly cash dividend of $0.25 per share.
The dividend will be payable Dec. 6 to shareholders of record by Nov. 15.
The dividend represents a 25% increase from the previous rate of $0.20 per share.
Surge Energy
Calgary-based Surge Energy (TSX: SGY) confirmed a cash dividend of CA$0.0433 (US$0.031) per share, payable Nov. 15 to shareholders of record by Oct. 31.
Whitecap Resources
Calgary-based Whitecap Resources Inc. (TSX: WCP) confirmed a cash dividend of CA$0.0608 (US$0.044) per common share.
The dividend will be payable Nov. 15 to shareholders of record by Oct. 31.
Midstream
EnLink Midstream
EnLink Midstream LLC (NYSE: ENLC) announced a quarterly cash distribution of $0.1325 per common unit.
The distribution will be payable Nov. 14 to unitholders of record by Nov. 1.
Global Partners
Global Partners LP (NYSE: GLP) declared a quarterly cash distribution of $0.59375 per unit on its 9.5% fixed-rate Series B preferred units.
The distribution will be payable Nov. 15 to Series B unitholders of record by Nov. 1.
Kinetik
Kinetik Holdings Inc. (NYSE: KNTK) declared an increased quarterly cash dividend of $0.78 per share, or $3.12 per share on an annualized basis.
The dividend is payable Nov. 7 to shareholders of record by Sept. 30 and represents a 4% increase to the previous quarterly dividend.
Martin Midstream Partners
Martin Midstream Partners LP (Nasdaq: MMLP) announced a cash distribution of $0.005 per common unit.
The distribution is payable Nov. 14 to unitholders of record by Nov. 7.
ONEOK
ONEOK Inc. (NYSE: OKE) declared a quarterly dividend of $0.99 per share, or $3.96 per share on an annualized basis.
The dividend is payable Nov. 14 to shareholders of record by Nov. 1.
Western Midstream
Western Midstream LP (NYSE: WES) declared a quarterly cash distribution of $0.8750 per unit, or $3.50 per share on an annualized basis.
The distribution is payable Nov. 14 to unitholders of record by Nov. 1.
Recommended Reading
Smart Tech Moves to the Hazardous Frontlines of Drilling
2024-10-08 - In the quest for efficiency and safety, companies such as Caterpillar are harnessing smart technology on drilling rigs to create a suite of technology that can interface old and new equipment.
E&P Highlights: Aug. 12, 2024
2024-08-12 - Here’s a roundup of the latest E&P headlines, with a major project starting production in the Gulf of Mexico and the latest BLM proposal for oil and gas leases in North Dakota.
Nabors Takes to Global Expansion in 3Q as Rig Count Shrinks in Lower 48
2024-10-25 - Nabors Industries saw broad growth across key international geographies in third-quarter 2024, with more rig deployments expected.
E&P Highlights: Sept. 23, 2024
2024-09-23 - Here's a roundup of the latest E&P headlines, including Turkey receiving its first floating LNG platform and a partnership between SLB and Aramco.
E&P Highlights: Aug. 19, 2024
2024-08-19 - Here’s a roundup of the latest E&P headlines including new seismic solutions being deployed and space exploration intersecting with oil and gas.
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.