(Source: Shutterstock)
Here is a compilation of dividends declared from select upstream and midstream companies in fourth-quarter 2024 during the weeks of Nov. 25 and Dec. 2.
Upstream
Hess
Hess Corp. (NYSE: HES) declared a regular quarterly dividend of $0.50 per share.
The dividend is payable Dec. 31 to holders of record by Dec. 16.
NOG
Northern Oil and Gas Inc. (NYSE: NOG) announced a cash dividend of $0.42 per share on its common stock, representing a 5% increase year-over-year.
The dividend is payable Jan. 31, 2025, to stockholders of record by Dec. 30.
PrairieSky Royalty
Calgary, Alberta-based PrairieSky Royalty Ltd. (TSX: PSK) announced a quarterly cash dividend of CA$0.25 (US$.18) per common share, payable Jan. 15, 2025, to shareholders of record by Dec 31.
Range Resources
Range Resources Corp. (NYSE: RRC) declared a quarterly cash dividend of $0.08 per share on its common stock. The dividend is payable Dec. 27 to stockholders of record by Dec. 13.
Unit Corp.
Unit Corp. (OTCQX: UNTC) declared a quarterly cash dividend of $1.25 per share on its common stock, payable Dec. 27 to shareholders of record by Dec. 17.
The company also declared a special cash dividend of $2 per share of common stock. This dividend is payable Dec. 27 to shareholders of record by Dec. 17.
Midstream
AltaGas
Calgary-based AltaGas Ltd. (TSX: ALA) announced a 6% increase on its common share dividend to CA$0.315 (US$0.22) per common share, or CA$1.26 (US$1.19) per share on an annualized basis.
The dividend is payable March 31, 2025, to common shareholders of record by March 17.
Enbridge
Calgary-based Enbridge Inc. declared a 3% increase to its dividend to CA$0.9425 (US$0.67) per common share, payable March 1, 2025, to shareholders of record by Feb. 15.
Recommended Reading
BP Cuts Over 5% of Workforce to Reduce Costs
2025-01-16 - BP will cut over 5% of its global workforce as part of efforts to reduce costs and rebuild investor confidence.
Confirmed: Liberty Energy’s Chris Wright is 17th US Energy Secretary
2025-02-03 - Liberty Energy Founder Chris Wright, who was confirmed with bipartisan support on Feb. 3, aims to accelerate all forms of energy sources out of regulatory gridlock.
Trump Nominates E&P Advocate Sgamma to Head Bureau of Land Management
2025-02-12 - If confirmed by the Senate, Kathleen Sgamma, president of the Western Energy Alliance, would oversee management of approximately 245 million acres of surface lands.
Q&A: Petrie Partners Co-Founder Offers the Private Equity Perspective
2025-02-19 - Applying veteran wisdom to the oil and gas finance landscape, trends for 2025 begin to emerge.
Pearl Energy Investments Closes Fund IV with $999.9MM
2025-02-04 - Pearl Energy Investments’ Fund IV met its hard cap within four months of launching and closed on Jan. 31.
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.