Dividend investors may want to consider the following oil and gas companies since their forward dividend yields, as of Friday, were more than double the S&P 500 Index's dividend yield of 1.86%.
Shares of Evolution Petroleum Corp. EPM were trading around $6.96 on Friday. Following a 12% decrease for the 52 weeks through April 5, the forward dividend yield is 5.75% compared to the industry median of 3.52%.
The stock has a market cap of approximately $230.98 million, a price-book ratio of 2.89 versus the industry median of 1.3 and an enterprise value to earnings before interest, taxes, depreciation and amortization ratio of 7.49 versus an industry median of 7.99. The 14-day relative strength index is 50.49, suggesting the stock is neither overbought nor oversold.
The share price is currently below the 200, 100 and 50-day simple moving average lines. The 52-week range is $6.17 to $12.83.
GuruFocus assigned a 9 out of 10 rating for both the financial strength and the profitability and growth of the Houston-based oil and gas operator.
Wall Street issued a hold recommendation rating with an average target price of $9.75 per share of Evolution Petroleum.
Shares of Williams Companies Inc. WMB were trading around $29.11 on Friday. For the 52 weeks through April 5, the stock gained 19% and the forward dividend yield climbed to 5.22% versus the industry median of 8.78%.
The company has a market capitalization of $35.27 billion, a price-book ratio of 2.43 versus an industry median of 1.74 and an EV-EBITDA ratio of 18.61 versus the industry median of 12.84.
The 14-day relative strength index is 64.12, suggesting the stock is neither oversold nor overbought.
Shares are currently trading above the 200, 100 and 50-day simple moving average lines. The 52-week range is $20.36 to $32.22.
GuruFocus rated the Tulsa, Oklahoma-based midstream oil and gas company's financial strength and profitability and growth 4 out of 10.Â
Wall Street issued a buy recommendation rating for shares of Williams Companies with an average target price per share of $32.10.
Archrock Inc. AROC was trading around $10.33 per share on Friday. For the 52 weeks through April 5, the stock climbed 15%, pushing the forward dividend yield up to 5.11% compared to the industry median of 2.7%.
The company has a market capitalization of $1.35 billion, a price-book ratio of 1.56 versus an industry median of 1.19 and an EV-EBITDA ratio of 9.44 versus an industry median of 11.92. The 14-day relative strength index is 61.16, indicating the stock is neither overbought nor oversold.
The share price is below the 200-day simple moving average line, but above the 100 and 50-day lines. The 52-week range is $7.26 to $13.75.
GuruFocus assigned a financial strength rating of 3 out of 10 and a profitability and growth rating of 5 out of 10.
Wall Street issued a buy recommendation rating for shares of the Houston-based oil and gas infrastructure provider. The average target price is $14.30.
Disclosure: I have no positions in any securities mentioned.
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