(Source: Shutterstock)
Here is a compilation of dividends declared by select E&Ps for third-quarter 2024.
Upstream
Hess
Hess Corp. (NYSE: HES) declared an increased regular quarterly dividend of $0.50 per share on its common stock.
The dividend represents an approximately 14% increase compared to the second quarter, or $0.25 increase per share on an annualized basis.
The dividend is payable Sept. 30 to stockholders of record by Sept. 16.
Permian Resources
Permian Resources Corp. (NYSE:PR) announced an increase to its quarterly base dividend from $0.06 per share to $0.15 per share, or $0.60 per share annually.
The dividend represents a 150% increase to the company’s prior base dividend.
Unit Corp.
Unit Corp.’s (OTCQX: UNTC) previously announced quarterly cash dividend of $1.25 per share of common stock now has a payment and record date.
The dividend will be payable Sept. 27 to shareholders of Sept. 16 and will be funded by cash on Unit’s balance sheet.
Paramount Resources
Calgary, Alberta-based Paramount Resources Ltd. (TSX: POU) has declared a cash dividend of CA$0.15 (US$0.11) per common share.
The dividend is payable Sept. 27 to shareholders of record by Sept. 16.
Tourmaline Oil
Tourmaline Oil Corp.’s (TSXL: TOU) board of directors has declared a quarterly cash dividend on its common shares of CA$0.35 per share (US$0.26).
The dividend is payable Sept. 27 to shareholders of record by Sept. 13.
Recommended Reading
Baker Hughes Wins Contracts for Woodside’s Louisiana LNG Project
2024-12-30 - Bechtel has ordered gas technology equipment from Baker Hughes for the first phase of Woodside Energy Group’s Louisiana LNG development.
SM Energy Adds Petroleum Engineer Ashwin Venkatraman to Board
2024-12-04 - SM Energy Co. has appointed Ashwin Venkatraman to its board of directors as an independent director and member of the audit committee.
Chevron Names Laura Lane as VP, Chief Corporate Affairs Officer
2025-01-13 - Laura Lane will succeed Al Williams in overseeing Chevron Corp.’s government affairs, communication and social investment activities.
Plains All American Prices First M&A Bond of Year
2025-01-13 - U.S. integrated midstream infrastructure company Plains All American Pipeline on Jan. 13 priced a $1 billion investment-grade bond offering, the year's first to finance an acquisition.
Gigablue Enters CCS Agreement with Investment Firm SkiesFifty
2025-01-14 - Carbon removal company and investment firm SkiesFifty have partnered to sequester 200,000 tons of CO2 over the next four years.
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.