Energy company shareholders getting paid back after years of famine
In this post, I examine the dividend streams of the four major oilsands producers as well as other major producers of oil and natural gas. The PDF figures which follow indicate the dividends paid or declared by 18 of Canada's largest oil and gas producers over the last 10 or so years. Overall there was a notable drop in dividends paid beginning in 2016, about one year after the significant plunge in oil prices. Beginning in late 2020, with a recovery in oil prices, there has been a significant increase in dividends going to shareholders.
Up until 2021 oil and gas shareholders suffered capital losses on the prices of their shares. Those investors that sold their shares at significant losses are regretting the rebound in oil and gas company shares.
Logos of the Big Four
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