With 2024 fourth quarter and year-end earnings season underway, below is a compilation of dividends declared from select upstream, midstream and downstream companies.
Riley Exploration Permian Inc. (NYSE American: REPX) declared a cash dividend on its common stock of $0.38 per share. The dividend is payable Feb. 6 to stockholders of record by Jan. 23.
SLB Ltd. (NYSE: SLB) approved a 3.6% increase on its quarterly cash dividend to about $0.29 per share.
The dividend is payable April 3 to shareholders of record by Feb.5.
Calgary, Alberta-based Surge Energy Inc. (TSX: SGY) confirmed a cash dividend of approximately CA$0.043 per share (US$0.03), payable Feb. 18 to shareholders of record by Jan. 31.
Calgary-based Whitecap Resources Inc. (TSX: WCP) declared a cash dividend of approximately CA$0.06 per common share (US$0.04), payable Feb. 18 to shareholders of record by Jan. 31.
Enterprise Products Partners LP (NYSE: EPD) declared a quarterly cash distribution of about $0.54 per unit, or $2.14 per unit on an annualized basis.
The distribution is payable Feb. 14 to unitholders of record by Jan. 31.
Genesis Energy LP (NYSE: GEL) announced a cash distribution for its common unit holders and Class A convertible preferred unit holders.
Each common unit holder will be paid a quarterly distribution of approximately $0.17 per unit, or $0.66 per unit on an annualized basis.
Each holder of preferred units will be paid a quarterly distribution of about $0.95 per unit, or $3.79 per unit on an annualized basis.
Both distributions will be payable Feb. 14 to holders of record by Jan. 31.
Plains All American Pipeline (Nasdaq: PAA) approved a quarterly distribution of $0.38 per unit, payable in Feb. 14 to unitholders of record by Jan. 31.
The dividend represents a 20% increase, or a $0.25 per unit increase, from the prior distribution in November 2024.
Targa Resources Corp. (NYSE: TRGP) declared a quarterly cash dividend of $0.75 per common share, or $3 per share on an annualized basis.
The dividend is payable Feb. 14 to holders of record by Jan. 31.
Valero Energy Corp. (NYSE: VLO) approved an increased quarterly cash dividend on its common stock to $1.13 per share. The dividend is payable March 3 to holders of record by Jan. 30.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.