Investors are looking for which independents will offer the best dividend payouts
Shareholders set to soak up excess US cash flow
The domestic shale sector is generating considerable returns, with many operators planning to increase dividends
The US shale patch is poised to generate billions of dollars in free cash flow (FCF) this year, boosted by a rebounding WTI and restrained capex. And with much of the sector still guiding flat production growth, investors are eyeing which independents will offer the best dividend payouts. Slashing debt is the immediate priority for many following the heavy financial toll of Covid-19. Among the most debt-loaded, Houston-based producer Occidental Petroleum aims to use most of its excess near-term cash flow to pay down its mountain of debt, maintaining only a base dividend. “Firms that can will aim to deliver a portion of their free cash flow to shareholders, so high commodity prices mean
Also in this section
4 February 2025
This premier event is poised to address the evolving technology and investment demands of North America’s thriving chemical and pharmaceutical sectors
4 February 2025
The threat of Trump tariffs and the departure of Trudeau have sharpened the domestic political focus on boosting the oil and gas industry
3 February 2025
Alaska has been engulfed by a lack of consistent policymaking and highlights the challenges financing energy projects in the US
31 January 2025
Several projects are expected to boost production this year as strategically important region looks to environmental rules, fiscal policies, oil prices and demand trends longer term
