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Oil Companies Lift Their Dividends as Cash Rolls In

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Oil Companies Lift Their Dividends as Cash Rolls In | Barron’s

It was a busy week for dividend increases at energy companies, a bonus for investors who have scored as the stocks have taken off this year.

The sector is prospering as Russia’s war against Ukraine has lifted prices for oil, natural gas, and refined products such as gasoline. Among those that said they planned to boost their payouts were


EOG Resources

(ticker: EOG),


Marathon Petroleum

(MPC), and


ConocoPhillips

(COP).

: Here’s why the Federal Reserve let inflation run up to a 40-year high and how it roiled the stock market this week

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