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.

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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.