Top Energy Stocks by Dividends Paid
Top energy companies ranked by dividends paid, latest annual filings.
What Dividends Paid Means for Energy Companies
Dividends paid is the cash a producer or refiner returned to shareholders over the latest fiscal year, from the financing section of the cash flow statement. Energy cash flows track commodity prices, so many companies split the payment in two: a modest base dividend sized to survive a low-price year, plus variable or special distributions that scale with realized prices when the cycle is generous.
Why It Matters Less in Energy
That structure makes a single year's total an unreliable guide to the next one. A figure here can halve without any change in policy, because the variable half was never a commitment, and the same company can sit near the top of this ranking in one cycle and far below it in another. The base payment, reserve life, and balance sheet strength describe the durable part; the total alone does not.
What to Read Alongside
Read it next to Net Income for the earnings the payment came from, Free Cash Flow for the cash the year produced, and Share Buybacks for the other flexible channel producers use.
| # | Symbol | Company | Sector | ||
|---|---|---|---|---|---|
| 1 | XOM | ExxonMobil Holdings Corporation | Energy | $17.23B | $758.81B |
| 2 | CVX | Chevron Corporation | Energy | $12.75B | $455.11B |
| 3 | SHEL | Shell plc | Energy | $8.47B | $303.69B |
| 4 | TTE | TotalEnergies SE | Energy | $8.12B | $206.72B |
| 5 | PBR | Petróleo Brasileiro S.A. - Petrobras | Energy | $8.11B | $145.00B |
| 6 | ENB | Enbridge Inc. | Energy | $5.99B | $107.56B |
| 7 | BP | BP p.l.c. | Energy | $5.06B | $130.14B |
| 8 | EQNR | Equinor ASA | Energy | $4.79B | $113.92B |
| 9 | COP | ConocoPhillips | Energy | $4.00B | $181.85B |
| 10 | E | Eni S.p.A. | Energy | $3.61B | $86.58B |
| 11 | CNQ | Canadian Natural Resources Limited | Energy | $3.55B | $113.61B |
| 12 | KMI | Kinder Morgan, Inc. | Energy | $2.60B | $75.61B |
| 13 | OKE | ONEOK, Inc. | Energy | $2.58B | $60.75B |
| 14 | TRP | TC Energy Corporation | Energy | $2.56B | $65.07B |
| 15 | WMB | The Williams Companies, Inc. | Energy | $2.44B | $87.76B |
| 16 | EOG | EOG Resources, Inc. | Energy | $2.16B | $85.85B |
| 17 | SU | Suncor Energy Inc. | Energy | $2.05B | $93.85B |
| 18 | WDS | Woodside Energy Group Ltd | Energy | $2.01B | $44.98B |
| 19 | PSX | Phillips 66 | Energy | $1.92B | $115.81B |
| 20 | SLB | SLB N.V. | Energy | $1.60B | $78.35B |
| 21 | OXY | Occidental Petroleum Corporation | Energy | $1.59B | $64.05B |
| 22 | WES | Western Midstream Partners, LP | Energy | $1.43B | $18.66B |
| 23 | VLO | Valero Energy Corporation | Energy | $1.41B | $122.88B |
| 24 | FANG | Diamondback Energy, Inc. | Energy | $1.16B | $58.00B |
| 25 | MPC | Marathon Petroleum Corporation | Energy | $1.14B | $132.17B |
| 26 | CVE | Cenovus Energy Inc. | Energy | $1.05B | $61.19B |
| 27 | IMO | Imperial Oil Limited | Energy | $1.02B | $65.19B |
| 28 | BKR | Baker Hughes Company | Energy | $910.00M | $55.60B |
| 29 | TS | Tenaris S.A. | Energy | $900.36M | $29.94B |
| 30 | EXE | Expand Energy Corporation | Energy | $765.00M | $21.77B |
| 31 | HAL | Halliburton Company | Energy | $579.00M | $29.31B |
| 32 | VG | Venture Global, Inc. | Energy | $465.00M | $34.40B |
| 33 | LNG | Cheniere Energy, Inc. | Energy | $451.00M | $62.08B |
| 34 | PR | Permian Resources Corporation | Energy | $447.71M | $21.58B |
| 35 | AM | Antero Midstream Corporation | Energy | $439.01M | $9.87B |
| 36 | SOBO | South Bow Corporation | Energy | $416.00M | $7.44B |
| 37 | EQT | EQT Corporation | Energy | $389.63M | $34.30B |
| 38 | DINO | HF Sinclair Corporation | Energy | $376.00M | $22.27B |
| 39 | APA | APA Corporation | Energy | $360.00M | $18.10B |
| 40 | VNOM | Viper Energy, Inc. | Energy | $328.00M | $16.94B |
| 41 | DTM | DT Midstream, Inc. | Energy | $324.00M | $12.95B |
| 42 | NE | Noble Corporation plc | Energy | $320.37M | $7.63B |
| 43 | DVN | Devon Energy Corporation | Energy | $319.00M | $56.80B |
| 44 | CHRD | Chord Energy Corporation | Energy | $317.76M | $8.54B |
| 45 | OVV | Ovintiv Inc. | Energy | $308.00M | $20.07B |
| 46 | GLNG | Golar LNG Limited | Energy | $305.85M | $4.62B |
| 47 | FRO | Frontline plc | Energy | $207.04M | $12.30B |
| 48 | BWLP | BW LPG Limited | Energy | $199.85M | $3.95B |
| 49 | TRMD | TORM plc | Energy | $199.70M | $4.22B |
| 50 | KNTK | Kinetik Holdings Inc. | Energy | $193.73M | $9.09B |
| 51 | NOV | NOV Inc. | Energy | $190.00M | $7.20B |
| 52 | NFG | National Fuel Gas Company | Energy | $188.44M | $7.76B |
| 53 | MUR | Murphy Oil Corporation | Energy | $186.21M | $6.34B |
| 54 | NOG | Northern Oil and Gas, Inc. | Energy | $173.40M | $3.03B |
| 55 | MTDR | Matador Resources Company | Energy | $163.10M | $7.44B |
| 56 | FLNG | FLEX LNG Ltd. | Energy | $162.27M | $1.54B |
| 57 | KGS | Kodiak Gas Services, Inc. | Energy | $159.56M | $4.60B |
| 58 | TPL | Texas Pacific Land Corporation | Energy | $147.80M | $23.00B |
| 59 | INSW | International Seaways, Inc. | Energy | $144.61M | $5.82B |
| 60 | AROC | Archrock, Inc. | Energy | $141.60M | $5.25B |
| 61 | CRC | California Resources Corporation | Energy | $136.00M | $4.86B |
| 62 | PBF | PBF Energy Inc. | Energy | $125.60M | $9.55B |
| 63 | PTEN | Patterson-UTI Energy, Inc. | Energy | $122.45M | $4.67B |
| 64 | DHT | DHT Holdings, Inc. | Energy | $118.91M | $3.97B |
| 65 | CRGY | Crescent Energy Company | Energy | $115.12M | $5.46B |
| 66 | MGY | Magnolia Oil & Gas Corporation | Energy | $113.10M | $7.27B |
| 67 | LPG | Dorian LPG Ltd. | Energy | $105.01M | $2.36B |
| 68 | HP | Helmerich & Payne, Inc. | Energy | $100.73M | $3.98B |
| 69 | VTS | Vitesse Energy, Inc. | Energy | $92.13M | $772.61M |
| 70 | SM | SM Energy Company | Energy | $92.00M | $9.55B |
| 71 | RRC | Range Resources Corporation | Energy | $85.68M | $12.52B |
| 72 | TK | Teekay Corporation Ltd. | Energy | $85.27M | $1.30B |
| 73 | DEC | Diversified Energy Company | Energy | $85.00M | $996.90M |
| 74 | STNG | Scorpio Tankers Inc. | Energy | $82.52M | $4.36B |
| 75 | FTI | TechnipFMC plc | Energy | $82.30M | $27.61B |
| 76 | CAPL | CrossAmerica Partners LP | Energy | $80.01M | $847.45M |
| 77 | NAT | Nordic American Tankers Limited | Energy | $76.20M | $1.67B |
| 78 | CCJ | Cameco Corporation | Energy | $76.20M | $34.44B |
| 79 | WFRD | Weatherford International plc | Energy | $72.00M | $6.42B |
| 80 | TNK | Teekay Tankers Ltd. | Energy | $69.00M | $3.50B |
| 81 | LB | LandBridge Corporation | Energy | $63.71M | $6.13B |
| 82 | DK | Delek US Holdings, Inc. | Energy | $62.00M | $4.80B |
| 83 | TEN | Tsakos Energy Navigation Limited | Energy | $60.14M | $1.66B |
| 84 | GRNT | Granite Ridge Resources, Inc. | Energy | $57.69M | $779.53M |
| 85 | LBRT | Liberty Energy Inc. | Energy | $54.48M | $2.62B |
| 86 | BTE | Baytex Energy Corp. | Energy | $50.46M | $3.87B |
| 87 | WHD | Cactus, Inc. | Energy | $37.44M | $4.49B |
| 88 | BTU | Peabody Energy Corporation | Energy | $36.50M | $2.73B |
| 89 | RES | RPC, Inc. | Energy | $35.12M | $1.41B |
| 90 | WTTR | Select Water Solutions, Inc. | Energy | $33.66M | $2.68B |
| 91 | REPX | Riley Exploration Permian, Inc. | Energy | $33.33M | $1.15B |
| 92 | EGY | VAALCO Energy, Inc. | Energy | $26.48M | $683.75M |
| 93 | CNR | Core Natural Resources, Inc. | Energy | $26.26M | $4.39B |
| 94 | GPRK | GeoPark Limited | Energy | $24.20M | $724.24M |
| 95 | SEI | Solaris Energy Infrastructure, Inc. | Energy | $21.76M | $6.26B |
| 96 | HPK | HighPeak Energy, Inc. | Energy | $20.91M | $1.44B |
| 97 | CMBT | Cmb.Tech NV | Energy | $20.16M | $5.33B |
| 98 | EFXT | Enerflex Ltd. | Energy | $17.00M | $2.86B |
| 99 | SD | SandRidge Energy, Inc. | Energy | $15.86M | $547.60M |
| 100 | NVGS | Navigator Holdings Ltd. | Energy | $14.76M | $1.32B |
No companies match this search.
This list ranks the total dollars paid out over the latest fiscal year, so the largest companies lead it; a big payout says nothing about the yield a share buys today. A company whose balance sheet runs above 150 times its market cap is left out, because at that gap the accounts are not in US dollars.
How this ranking is built
Companies are ranked by dividends paid as reported in their most recent annual filing with the SEC. Figures shown are in US dollars (or percent, as noted), rounded to two decimals.
- Source: annual 10-K / 20-F filings from companies trading on US exchanges (NYSE, Nasdaq, AMEX).
- Fiscal year: whichever annual period the company has most recently filed. Fiscal years don't always align with the calendar year, so the "as of FY" stamp above reflects the most common year across the table.
- Filtered out: warrants, preferred shares, and duplicate listings that share a parent company's financials.
- Size floor: A company qualifies at $500 million in market cap or above. Below that, one mis-stated figure outranks the companies the list is about.
- Currency check: A company whose annual revenue runs above 15 times its market cap is left out, because at that gap the two figures are not in the same currency.
- Currency check: A company whose balance sheet runs above 150 times its market cap is left out for the same reason.
- Update cadence: refreshed as companies file new annual reports (typically within 60–90 days of fiscal year end).
Not financial advice. This is a research tool, not a recommendation.
Frequently asked questions
Why do energy dividend totals swing so much?
Many producers pay a base dividend sized for a weak price environment and add a variable or special payment tied to cash flow when prices are strong. The base is meant as a commitment; the variable part is not. A total that includes a large variable component in a high-price year can fall by half the next year without the board changing policy at all.
Can a company pay more in dividends than it earned?
Yes, for a year or longer. Cash on hand, asset sales, or borrowing can fund a payment the current year's profit does not cover, which happens often in commodity businesses where earnings fall faster than policy adjusts. Whether it continues depends on cash generation and the balance sheet, so the total is read next to free cash flow rather than on its own.