These Energy Stocks Have Grown Dividends More Than 10% Year-Over-Year

Wall St. Watchdog reveals companies in the Utilities sector that have grown their dividends by more than 10% year-over-year.

  • ENSCO PLC (NYSE:ESV): This company has grown its dividend by 975.00% year-over-year and its current year dividend per share estimate is $1.39. The shares recently traded at $50.96 and its market capitalization is $11,642,340,000. About the company: Ensco PLC is an international offshore contract drilling company. The Company’s operations are concentrated in the geographic regions of Asia Pacific (which includes Asia, the Middle East, Australia and New Zealand), Europe/Africa and North and South America.
  • National-Oilwell Varco, Inc. (NYSE:NOV): This company has grown its dividend by 310.00% year-over-year and its current year dividend per share estimate is $0.44. The shares recently traded at $77.58 and its market capitalization is $32,822,330,000. About the company: National Oilwell Varco Inc. designs, manufactures, and sells machinery, equipment, and downhole products used in oil and gas drilling and production. The Company also provides oilfield inspection and other services, and supply chain integration services to the upstream oil and gas industry.
  • Cenovus Energy Inc (NYSE:USA) (NYSE:CVE): This company has grown its dividend by 250.72% year-over-year and its current year dividend per share estimate is $0.86. The shares recently traded at $37.44 and its market capitalization is $28,219,511,828. About the company: Cenovus Energy Inc. is an integrated oil company. The Company comprises natural gas, crude oil, and natural gas liquids reserves. Cenovus Energy has established natural gas and crude oil production in Alberta and Saskatchewan as well as refineries in Illinois and Texas.
  • EXCO Resources Inc (NYSE:XCO): This company has grown its dividend by 180.00% year-over-year and its current year dividend per share estimate is $0.15. The shares recently traded at $15.94 and its market capitalization is $3,408,216,000. About the company: EXCO Resources, Inc. explores for oil and natural gas. The Company operates in onshore locations in the United States.
  • SeaDrill Limited (NYSE:SDRL): This company has grown its dividend by 141.43% year-over-year and its current year dividend per share estimate is $2.97. The shares recently traded at $33.51 and its market capitalization is $15,364,770,000. About the company: Seadrill Ltd. provides contract drilling services. The Company’s fleet includes semisubmersible rigs and jackup rigs.
  • BreitBurn Energy Partners L.P. (NASDAQ:BBEP): This company has grown its dividend by 120.67% year-over-year and its current year dividend per share estimate is $1.70. The shares recently traded at $19.11 and its market capitalization is $1,128,253,000. About the company: BreitBurn Energy Partners L.P. is an independent oil and gas partnership focused on the acquisition, exploitation and development of oil and gas properties. The Company primarily manages its oil and gas producing properties for the purpose of generating cash flow and making distributions to its unitholders.
  • Noble Corporation (NYSE:NE): This company has grown its dividend by 94.44% year-over-year and its current year dividend per share estimate is $0.69. The shares recently traded at $35.11 and its market capitalization is $8,853,564,000. About the company: Noble Corporation provides diversified services for the oil and gas industry. The Company provides contract drilling services with its fleet of offshore drilling units located in markets worldwide. Noble also provides labor contract drilling services, well site and project management services, and engineering services.
  • Permian Basin Royalty Trust (NYSE:PBT): This company has grown its dividend by 70.63% year-over-year and its current year dividend per share estimate is $0.75. The shares recently traded at $21.94 and its market capitalization is $1,022,597,000. About the company: Permian Basin Royalty Trust was formed by overriding royalty interests in certain oil and gas producing properties, located in the Permian Basin in Texas. The Trust received these interests from Southland Royalty Company.
  • Canadian Natural Resource Ltd (NYSE:USA) (NYSE:CNQ): This company has grown its dividend by 42.86% year-over-year and its current year dividend per share estimate is $0.36. The shares recently traded at $38.22 and its market capitalization is $42,095,554,638. About the company: Canadian Natural Resources Ltd. acquires, explores for, develops, and produces natural gas, crude oil, and related products. The Company operates in the Canadian provinces of Alberta, northeastern British Columbia and Saskatchewan. Canadian Natural also operates in areas which have access for exploration activities and where pipeline systems already exist.
  • Cimarex Energy Co. (NYSE:XEC): This company has grown its dividend by 33.33% year-over-year and its current year dividend per share estimate is $0.24. The shares recently traded at $80.80 and its market capitalization is $6,911,632,000. About the company: Cimarex Energy Co. explores for and produces crude oil and natural gas in the United States. The Company conducts activities primarily in Oklahoma, Kansas, Louisiana, and Texas.
  • Suncor Energy Inc. (NYSE:USA) (NYSE:SU): This company has grown its dividend by 33.33% year-over-year and its current year dividend per share estimate is $0.45. The shares recently traded at $36.07 and its market capitalization is $56,849,324,990. About the company: Suncor Energy, Inc. is a integrated energy company focused on developing the Athabasca oil sands basin. The Company extracts and upgrades oil sands into refinery feedstock and diesel fuel, explores for, develops and produces natural gas, refines crude oil and markets a range of petroleum and petrochemical products, and operates crude oil pipelines and retail petroleum stations.
  • Talisman Energy Inc. (NYSE:USA) (NYSE:TLM): This company has grown its dividend by 22.50% year-over-year and its current year dividend per share estimate is $0.26. The shares recently traded at $17.77 and its market capitalization is $18,368,950,000. About the company: Talisman Energy Inc. is an independent oil and gas producer. The Company has operations in North America, the North Sea, and Indonesia. Talisman is also conducting exploration in Southeast Asia, Algeria, Qatar, Colombia and Trinidad.
  • Core Laboratories N.V. (NYSE:CLB): This company has grown its dividend by 20.00% year-over-year and its current year dividend per share estimate is $1.00. The shares recently traded at $106.93 and its market capitalization is $4,981,350,000. About the company: Core Laboratories N.V. provides reservoir description, production enhancement, and reservoir management services. The Company’s customers include major, national, and independent oil and gas producers. Core also manufactures and sells petroleum reservoir rock and fluid analysis instrumentation and other integrated systems.
  • Walter Energy, Inc. (NYSE:WLT): This company has grown its dividend by 18.75% year-over-year and its current year dividend per share estimate is $0.48. The shares recently traded at $110.48 and its market capitalization is $6,874,709,000. About the company: Walter Energy, Inc. mines coal. The Company produces metallurgical and steam and industrial coal,; manufactures blast furnace, foundry, industrial and buckwheat coke; and produces light oil, coal tar, and ammonium sulfate. Walter Energy also degasifies coalbeds and sells the gas to a utility.
  • Peabody Energy Corporation (NYSE:BTU): This company has grown its dividend by 18.00% year-over-year and its current year dividend per share estimate is $0.34. The shares recently traded at $54.02 and its market capitalization is $14,625,190,000. About the company: Peabody Energy Corporation mines and markets predominantly low sulfur coal, primarily for use by electric utilities. The Company also trades coal and emission allowances. Peabody owns and operates mines in Arizona, Colorado, New Mexico and Wyoming, Illinois, Indiana, and Australia. The Company also a minority interest in a Venezuelan mine through a joint venture.

(Note: Selected financial data are sourced from screener.co.  All data are assumed to be accurate.)

Advantage: Check out our interactive stock charts, fundamentals, Twitter stream, and more >>

Improve Your 2011 Financial Health: Join the winning team of stock pickers with Wall St. Cheat Sheet’s acclaimed premium newsletter >>