When investors tend to focus on the energy sector, they do so from the point of view of scoring some hefty capital gains. Shale superstars like EOG Resources (EOG) haven’t disappointed on that front. As hydraulic fracturing continues to take hold and production here at home continues to rise, shares of EOG stock and its kin have surged to new highs.
That’s all well and good, but investors looking for income and steady dividends from their energy investments are often left out in the cold. That’s because in order to get that rising production, energy companies need to spend major dollar amounts on CAPEX spending. Those big costs often don’t leave much in the way of cash leftover to pay shareholders in the form of dividends.
However, if investors are willing to do some digging, there are plenty of energy stocks — across up- mid- and downstream subsectors — that are paying out yields in excess of 5%.
Here are four companies paying out some of the best yields.