SmallCapPower | April 11, 2016: Recent headlines are enough to give any oil and gas investor the jitters. If you’re still a believer in the oil price turnaround story, though, then the companies on our list today may be a good place to start your research, as they have been increasing their dividend payout even in this challenging market.
Altagas Ltd. (TSX: ALA) – $32.73
Oil & Gas Exploration and Production
AltaGas Ltd. is a Canada-based energy infrastructure company with a focus on natural gas, power and regulated utilities. The Company operates through three segments: Gas, Power and Utilities. Gas segment serves producers in the Western Canadian Sedimentary Basin (WCSB) and transacts over 2 billion cubic feet per day (Bcf/d) of natural gas. Gas segment includes natural gas processing, transportation, storage and natural gas marketing.
-
Market Cap: $1,790,728,391
-
Operating Income (LTM): $322,400,000
-
Total Debt (LFQ): $4,150,600,000
-
Dividend Growth (1 year, LTM): 21.3%
Peyto Exploration & Development Corp. (TSX: PEY) – $28.69
Oil & Gas Exploration and Production
Peyto Exploration and Development Corp, formerly Peyto Exploration & Development Corp., is a Canada-based energy company engaged in the acquisition, exploration, development and production of oil and natural gas in Western Canada. Peyto’s wells, gas plants, gathering and sales pipelines exist in a corridor about 200 kilometers long and 30 kilometers wide right by the foothills of the Rockies halfway between the Northwest Territories and the United States.
-
Market Cap: $4,512,848,649
-
Operating Income (LTM): $256,537,000
-
Total Debt (LFQ): $1,045,000,000
-
Dividend Growth (1 year, LTM): 19.2%
Whitecap Resources Inc. (TSX: WCP) – $8.15
Oil & Gas Exploration and Production
Whitecap Resources Inc. is engaged in the exploration, development and production of crude oil, natural gas and natural gas liquids in Western Canada. The Company’s activities are concentrated primarily in northwest central Alberta and southwest Saskatchewan.
-
Market Cap: $2,373,759,509
-
Operating Income (LTM): -$608,075,000
-
Total Debt (LFQ): $876,166,000
-
Dividend Growth (1 year, LTM): 25.5%
TORC Oil & Gas Ltd. (TSX: TOG) – $7.64
Oil & Gas Exploration and Production
TORC Oil & Gas Ltd. is a Canada-based company whose principal business activity is the exploration for, and production of, petroleum and natural gas in the Western Canadian sedimentary basin.
-
Market Cap: $1,268,824,729
-
Operating Income (LTM): -$227,702,000
-
Total Debt (LFQ): $230,087,000
-
Dividend Growth (1 year, LTM): 48.1%
Cardinal Energy Ltd. (TSX: CJ) – $8.94
Oil & Gas Exploration and Production
Cardinal Energy Ltd. is a Canada-based oil-focused company engaged in the acquisition, exploration and production of petroleum and natural gas in the provinces of Alberta and Saskatchewan.
-
Market Cap (mm): $544,337,554
-
Operating Income (LTM): -$177,941,000
-
Total Debt (LFQ): $137,310,000
-
Dividend Growth (1 year, LTM): 53.2%