“5 of the Best US Oil & Gas Dividend Stocks to Watch in 2023!
With an increasing global demand for energy, the U.S. oil and gas industry offers a way for investors to capitalize on a well-financed future. The sector is currently generating strong cash flows and attractive returns, making it an attractive option for investors. Here we present the top 5 US oil and gas dividend stocks in 2023 that are expected to provide superior returns in the upcoming years. ExxonMobil (XOM) is one of the world’s leading integrated oil and gas companies, and it also pays a high dividend. With an attractive dividend yield of 7%, this stock is currently trading below its 5-year average price to earnings ratio. It is also set to benefit from investments in advanced energy technologies and its ability to capitalize on growth in a competitive energy market. Anadarko Petroleum (APC) is another top dividend paying oil and gas company that has a nice portfolio of assets. This stock has a dividend yield of 4% and an attractive 5-year average price to earnings ratio. This stock is also known for its financial stability and its ability to pay out a secure dividend. Energy Transfer (ETP) is a leading midstream energy services provider and its dividend yield is a generous 6.7%. This company is well-positioned to benefit from an expanding US energy infrastructure and is currently trading at a favorable price to earnings ratio. Chevron Corporation (CVX) is another dividend paying oil and gas giant. This stock currently has a dividend yield of 4.92% and is also trading at a favorable price to earnings ratio. The company also has an impressive portfolio of assets that have enabled it to cash in on strong industry trends. Premier Oil (PMO) is a UK-based oil and gas company that operates in many of the world’s major markets. This stock has a decent dividend yield of 5.4% and is also trading at an attractive price to earnings ratio. The company has major expansion projects underway that are expected to boost growth and profits. Overall, these five stocks are great options for investors looking for long-term dividends in the US oil and gas industry. All of these companies are well-positioned to capitalize on industry trends and they have solid financials to buttress their prospects. We believe these stocks are all positioned to become great long-term investments.