4 Energy Companies That Recently Pumped Up Their Dividends
CVECenovus Energy(CVE) Zacks Investment Research·2024-05-14 23:30

The price of oil might have slumped below $80 recently but remains more than 10% higher for the year. With Energy still one of the top-performing sectors in 2024, we turn our attention to how some of the constituent companies are using this favorable landscape to return excess free cash flow to shareholders through dividends. The Energy sector's volatile nature, defined by sudden shifts in fortunes, is well-known. While investments in oil and natural gas have always been prone to price fluctuations, recent ...