Global oil & gas winners through the lens of dividends
SPMI Dividend Forecasting team projects the Oil & Gas sector to relinquish its position as the largest dividend-paying sector in 2024 with aggregate dividend at USD 310.7bn, sliding down to the second place behind Banks and followed by Industrials Goods & Services. However, anchored by solid dividend commitment against prevailing geopolitical headwinds, numerous Oil & Gas companies manage to deliver consistent and appealing dividend yields with forward median of 4.84%.
This report selects a list of 30 stocks with attractive yield varying across companies' types, sizes, and geographical locations. Further, it has explored some special topics including buybacks, National Oil Companies (NOCs), and back-testing results of baskets of U.S Energy large caps using forecasting and trailing data.
For more information, please contact dividendsupport@spglobal.com
S&P Global provides industry-leading data, software and technology platforms and managed services to tackle some of the most difficult challenges in financial markets. We help our customers better understand complicated markets, reduce risk, operate more efficiently and comply with financial regulation.
This article was published by S&P Global Market Intelligence and not by S&P Global Ratings, which is a separately managed division of S&P Global.