Dividend paying oil and gas stocks

Exploration and production dividends track the commodity. Many E&P names run a modest base dividend plus a variable top-up, so the trailing yield can overstate what you'll receive at a lower oil price.

36 operating companies currently paying a dividend, median yield 3.55%. Funds and ETFs are excluded on purpose — this is companies only. Prices as of Sep 3, 2026.

Dividend payers
36
Median yield
3.55%
Payout under 60%
18 of 36
Room to keep raising
Highest yield
DMLP 17.41%
4 raised recently1 cut recently1 pay monthly0 with 10+ year raise streaks (of 10 tracked)Largest: EOG $76.6B
Highest yielding oil & gas e&p dividend stocks
  1. 1DMLPDorchester Minerals, L.P.17.41%
  2. 2EPMEvolution Petroleum Corporation13.41%
  3. 3KRPKimbell Royalty Partners, LP12.60%
  4. 4PVLPermianville Royalty Trust11.85%
  5. 5FTWPresidio Production Company11.71%
  6. 6VTSVitesse Energy, Inc.9.93%
  7. 7BSMBlack Stone Minerals, L.P.8.72%
  8. 8GRNTGranite Ridge Resources, Inc.8.66%
  9. 9HESMHess Midstream LP Class A Share representing a limited partner Interest7.92%
  10. 10DECDiversified Energy Company7.38%
Safest payouts (low payout, high quality)
  1. 1OVVOvintiv Inc. (DE)1.82% · payout 34%
  2. 2EQTEQT Corporation1.19% · payout 15%
  3. 3APAAPA Corporation2.26% · payout 21%
  4. 4CHRDChord Energy Corporation Common Stock3.51% · payout 35%
  5. 5MTDRMatador Resources Company2.51% · payout 25%
  6. 6SMSM Energy Company2.34% · payout 18%
  7. 7MGYMagnolia Oil & Gas Corporation2.65% · payout 28%
  8. 8REPXRiley Exploration Permian, Inc.3.80% · payout 28%
  9. 9DECDiversified Energy Company7.38% · payout 19%
  10. 10WTIW&T Offshore, Inc.1.03% · payout 9%
Fastest dividend growth (5-yr CAGR)
  1. 1PRPermian Resources Corporation128.9%/yr
  2. 2SMSM Energy Company118.7%/yr
  3. 3EQTEQT Corporation84.3%/yr
  4. 4GRNTGranite Ridge Resources, Inc.76.5%/yr
  5. 5MTDRMatador Resources Company63.5%/yr
  6. 6RRCRange Resources Corporation31.0%/yr
  7. 7APAAPA Corporation27.2%/yr
  8. 8NOGNorthern Oil and Gas, Inc.26.9%/yr
  9. 9OVVOvintiv Inc. (DE)26.2%/yr
  10. 10CRCCalifornia Resources Corporation25.5%/yr
Monthly dividend payers in this sector
  1. 1PVLPermianville Royalty Trust11.85%

All 36 oil & gas e&p dividend payers

36 shown · click any column to sort

CompanyIndustryYieldAnnual $PayoutDiv growthStreakQualitySize1Y
EOG Resources, Inc.
Oil & Gas Exploration2.82%$4.0831%+22.8%39$76.6B+19.4%
Occidental Petroleum Corporation
Oil & Gas Exploration1.85%$1.1230%+3.2%4y32$60.6B+28.8%
Diamondback Energy, Inc.
Oil & Gas Exploration2.17%$4.4079%+21.7%1y56$56.8B+39.6%
Devon Energy Corporation
Oil & Gas Exploration2.62%$1.2823%+7.1%35$53.7B+35.1%
EQT Corporation
Oil & Gas Exploration1.19%$0.6615%+84.3%73$34.8B+6.5%
Expand Energy Corporation
Oil & Gas Exploration2.32%$2.3028%0.0%†27$22.9B+1.3%
Permian Resources Corporation
Oil & Gas Exploration2.70%$0.6440%+128.9%*60$19.9B+63.0%
Ovintiv Inc. (DE)
Oil & Gas Exploration1.82%$1.2034%+26.2%79$18.2B+52.0%
VNOMcut
Viper Energy, Inc.
Oil & Gas Exploration2.58%$1.1697%+7.4%†43$16.1B+13.7%
APA Corporation
Oil & Gas Exploration2.26%$1.0021%+27.2%73$15.5B+82.5%
Range Resources Corporation
Oil & Gas Exploration0.94%$0.4011%+31.0%*62$9.9B+20.2%
SM Energy Company
Oil & Gas Exploration2.34%$0.8818%+118.7%65$8.9B+29.2%
Chord Energy Corporation Common Stock
Oil & Gas Exploration3.51%$5.2035%+1.0%†73$8.1B+36.2%
MTDRraised
Matador Resources Company
Oil & Gas Exploration2.51%$1.5025%+63.5%*5y69$7.4B+18.3%
Magnolia Oil & Gas Corporation
Oil & Gas Exploration2.65%$0.7228%+14.5%*5y65$6.4B+8.9%
Murphy Oil Corporation
Oil & Gas Exploration3.75%$1.4067%+15.8%36$5.4B+41.9%
HESMMLP
Hess Midstream LP Class A Share representing a limited partner Interest
Oil & Gas Exploration7.92%$3.16105%+10.8%15$5.1B-3.3%
California Resources Corporation
Oil & Gas Exploration3.03%$1.6238%+25.5%*5y60$4.8B+5.2%
Crescent Energy Company
Oil & Gas Exploration3.36%$0.48600%-8.7%*39$4.6B+49.0%
BSMMLP
Black Stone Minerals, L.P.
Oil & Gas Exploration8.72%$1.28100%+14.7%18$3.1B+20.6%
Northern Oil and Gas, Inc.
Oil & Gas Exploration6.95%$1.80462%+26.9%*4y40$2.8B-0.4%
Atlas Energy Solutions Inc.
Oil & Gas Exploration5.58%$0.25808%2y9$1.6B+20.7%
KRPMLPraised
Kimbell Royalty Partners, LP
Oil & Gas Exploration12.60%$1.88178%+13.0%8$1.5B+8.4%
DMLPMLPraised
Dorchester Minerals, L.P.
Oil & Gas Exploration17.41%$5.09145%+14.8%9$1.4B+14.9%
Diversified Energy Company
Oil & Gas Exploration7.38%$1.1619%+7.1%†64$1.1B-0.6%
Riley Exploration Permian, Inc.
Oil & Gas Exploration3.80%$1.6028%+6.6%*5y65$932M+44.7%
Vitesse Energy, Inc.
Oil & Gas Exploration9.93%$1.75352%-8.1%†22$733M-31.7%
Granite Ridge Resources, Inc.
Oil & Gas Exploration8.66%$0.44244%+76.5%*1y33$670M-6.3%
VAALCO Energy, Inc.
Oil & Gas Exploration4.14%$0.2593%+24.4%*1y49$635M+52.3%
W&T Offshore, Inc.
Oil & Gas Exploration1.03%$0.049%0.0%†61$587M+109.9%
SandRidge Energy, Inc.
Oil & Gas Exploration3.59%$0.5222%+87.9%†57$531M+21.3%
Presidio Production Company
Oil & Gas Exploration11.71%$1.45+21.8%*12$340M+9.6%
Epsilon Energy Ltd.
Oil & Gas Exploration3.99%$0.2593%0.0%*9$190M+4.0%
Evolution Petroleum Corporation
Oil & Gas Exploration13.41%$0.48600%+22.4%26$133M-27.7%
Permianville Royalty Trust
Oil & Gas Exploration11.85%$0.22110%1$61M-8.9%
VOCraised
VOC Energy Trust
Oil & Gas Exploration33.33%$1.12100%+14.1%9$58M+21.9%

Operating companies only — ETFs, closed-end funds, ADRs and preferred shares or baby bonds are excluded. Payout ratio and raise-streak data isn't published for every company; blanks mean we don't have it rather than zero. * marks a 3-year growth rate where 5 years isn't available; † marks a 12-month growth rate shown because the longer rate is distorted by a stock split.

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Frequently asked

How many oil & gas e&p stocks pay a dividend?

We currently track 36 oil & gas e&p operating companies paying a dividend, with a median yield of 3.55%. ETFs, closed-end funds and ADRs are excluded from this count — those are funds, not companies.

Which oil & gas e&p stock has the highest dividend yield?

DMLP shows the highest trailing yield in the sector at 17.41%. Treat the very top of any yield list with suspicion: an unusually high figure is often a special or one-off payment sitting in the trailing rate, or a share price that has collapsed.

Are high-yield oil & gas e&p dividends safe?

Yield alone tells you nothing about safety. In this sector 18 of 36 companies pay out 60% or less of earnings, which is the group with genuine room to keep raising. 1 have cut their dividend recently, and 4 have raised.

Do any oil & gas e&p companies pay monthly dividends?

Yes — 1 oil & gas e&p companies pay monthly rather than quarterly. They are listed in the monthly payers section above.

How often is this list updated?

Nightly. Prices, yields, payout ratios and performance come from our own data pipeline, and this page reflects prices as of Sep 3, 2026. New dividend initiations and cuts are picked up automatically.

Disclaimer: The information provided on this website/service is for informational purposes only and does not constitute financial, investment, or legal advice. Investing in stocks involves high risk, including the loss of principal. We are not responsible for any financial losses or damages resulting from your reliance on this data. Always consult with a qualified financial professional before making investment decisions.

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