Invest Daily Pro
  • Economy
  • Investing
No Result
View All Result
  • Economy
  • Investing
No Result
View All Result
Invest Daily Pro
No Result
View All Result
Home Investing

5 Top Canadian Oil and Gas Dividend Stocks in 2025

by Invest Daily Pro
January 22, 2025
in Investing
0
5 Top Canadian Oil and Gas Dividend Stocks in 2025
0
SHARES
3
VIEWS
Share on FacebookShare on Twitter

Canadian oil and gas stocks have faced a rollercoaster ride over the past few years.

However, analysts remain optimistic about the sector, and there are signs that oil and gas companies in Canada may be in a multi-year bull market. The top oil and gas stocks on the TSX and TSXV have been posting gains despite volatile market conditions, and many companies offer strong payouts for dividend investors.

Canadian energy stocks that pay dividends — a portion of corporate profits shared on a specific timeline — are attractive to those who prefer a long-term approach to wealth creation. Dividend investing allows for a steady flow of income and the opportunity to increase equity holdings.

Investors should look for stocks with high dividend yields, which is based on annual dividend income per share divided by price per share. For example, if a dividend stock has a share price of C$10.00 and pays a C$0.25 dividend every quarter, it has a dividend yield of 10 percent. Of course, as share prices fluctuate, so too will dividend yields, so investors should perform due diligence when choosing which company to invest in.

The ability to offer a dividend payment points to the financial health of a company, making it a point of pride for companies in the oil and gas industry.

1. Cardinal Energy (TSX:CJ)

Company Profile

Dividend yield: 10.6 percent
Debt-to-equity ratio: 0.08
Market cap: C$1.08 billion

Cardinal Energy is an oil-focused company with operations centered on low-decline light, medium and heavy oil in Alberta and Saskatchewan, Canada. It also produces liquid and conventional natural gas.

The company reported that its Q3 2024 production decreased by 3 percent from the previous quarter to 21,128 barrels of oil equivalent per day (boe/d) ‘as planned Company owned and unplanned third-party facility turnarounds impacted the third quarter production.’

Cardinal Energy pays a monthly dividend of C$0.06 per share. Its January dividend will be paid on February 18, 2025, to shareholders of record as of January 31.

2. InPlay Oil (TSX:IPO)

Dividend yield: 10.11 percent
Debt-to-equity ratio: 0.2
Market cap: C$160.41 million

InPlay Oil is an oil and natural gas company with operations concentrated in West Central Alberta. In its financial and operating highlights for the period ending September 30, 2024, the company reported that its average production for the quarter came in at 8,206 boe/d, down from 8,657 in the prior quarter due in part to shut-ins on natural gas production with the plan of bringing it online during the winter season, which sees higher prices.

InPlay pays a monthly dividend of C$0.015 per share. It will pay its next dividend on January 31, 2025, to shareholders of record as of January 15.

3. Petrus Resources (TSX:PRQ)

Company Profile

Dividend yield: 8.33 percent
Debt-to-equity ratio: 0.2
Market cap: C$180.16 million

Petrus Resources has developed an extensive inventory of low risk oil and natural gas development assets in Alberta. Its operating areas are Ferrier, North Ferrier and Thorsby. For the period ending September 30, 2024, the company reported average production of 9,215 boe/d, a 3 percent drop from production reported in the previous quarter due to scheduled maintenance and ‘strategic shutins due to low natural gas prices.’

Petrus Resources began paying dividends in Q4 2023 and pays a monthly dividend of C$0.01 per share. The company will pay its next dividend on January 31, 2025, to shareholders of record as of January 15.

4. Surge Energy (TSX:SGY)

Company Profile

Dividend yield: 8.18 percent
Debt-to-equity ratio: 0.31
Market cap: C$613.33 million

Surge Energy is an oil-focused exploration and production company with assets in two of Canada’s premiere conventional oil growth plays: Sparky and SE Saskatchewan. In its financial and operating highlights for the period ending September 30, 2024, the company reported that in Q3 average production increased from the previous quarter to 23,795 boe/d.

Surge Energy pays a monthly cash dividend, which it raised from C$0.04 to C$0.043 per share in June 2024. On February 18, 2025, the company will make its next dividend payout, which will be made to shareholders of record as of January 31.

5. Peyto Exploration & Development (TSX:PEY)

Company Profile

Dividend yield: 7.78 percent
Debt-to-equity ratio: 0.5
Market cap: C$3.36 billion

Last on this list of top Canadian oil and gas dividend stocks is Peyto Exploration & Development, which conducts unconventional natural gas exploration, development and production in the Deep Basin in Alberta. The company reported that its Q2 2024 production volumes averaged 120,031 boe/d, up 23 percent year-over-year, which it attributed mainly to the Repsol Canada Energy Partnership acquisition that closed in Q4 2023.

Currently, Peyto pays its shareholders a monthly dividend of C$0.11 per common share, and plans to make a dividend payout on February 14, 2025, to shareholders of record as of January 31.

Securities Disclosure: I, Melissa Pistilli, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

ShareTweetPin

Related Posts

Blue Lagoon’s Dome Mountain Joins BC’s Select List of Permitted Projects
Investing

Blue Lagoon’s Dome Mountain Joins BC’s Select List of Permitted Projects

June 2, 2025
Harmony Gold to Acquire MAC Copper in US$1.03 Billion Deal
Investing

Harmony Gold to Acquire MAC Copper in US$1.03 Billion Deal

June 2, 2025
Editor’s Picks: Gold Faces Bumpy Week on Trade Tensions, Platinum Stages Breakout
Investing

Editor’s Picks: Gold Faces Bumpy Week on Trade Tensions, Platinum Stages Breakout

June 1, 2025
Top 5 Canadian Mining Stocks This Week: Adyton Sparkles with 97 Percent Gain
Investing

Top 5 Canadian Mining Stocks This Week: Adyton Sparkles with 97 Percent Gain

May 31, 2025
NVIDIA Rallies After Strong Q1, AI Demand Outshines China Export Hit
Investing

NVIDIA Rallies After Strong Q1, AI Demand Outshines China Export Hit

May 31, 2025
CDX May Investor Presentation
Investing

CDX May Investor Presentation

May 30, 2025
Next Post
VRIC 2025: Experts Tout Hard Assets, Energy as Sure Bets Amid Uncertainty

VRIC 2025: Experts Tout Hard Assets, Energy as Sure Bets Amid Uncertainty

Recommended

Collaboration with The 38th Match results in Jim Daly’s release of his wackiest football song yet, “A Cultured Left Foot”

Collaboration with The 38th Match results in Jim Daly’s release of his wackiest football song yet, “A Cultured Left Foot”

January 7, 2025
PSE seeks to include issuers in blackout rule

PSE seeks to include issuers in blackout rule

October 1, 2024
InstaPay, PESONet transactions jump by 34.6%

InstaPay, PESONet transactions jump by 34.6%

August 22, 2024
The Trends Impacting UK Businesses in 2025

The Trends Impacting UK Businesses in 2025

December 19, 2024
Unveiling the Truth: Blockchain’s Transparency Revolution

Unveiling the Truth: Blockchain’s Transparency Revolution

August 28, 2024
Additional SUC funding sought

Additional SUC funding sought

October 7, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 InvestDailyPro. All Rights Reserved.

    Disclaimer: InvestDailyPro.com, its managers, its employees, and assigns (collectively InvestDailyPro ) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    No Result
    View All Result
    • About us
    • Contact us
    • Home
    • Privacy Policy
    • Suspicious engagement
    • Terms & Conditions
    • Terms & Conditions
    • Thank you

    Copyright © 2024 investdailypro.com | All Rights Reserved