Sunday , 14 April 2024

These 5 Energy-Related Stocks Yield Hefty Dividends

The U.S. Dollar has appreciated somewhat due to the recent Brexit fears, also bringing down the price of oil…[but, moving forward,] we believe oil prices have a clear path towards US$55-60/barrel…[As such,] we suggest investors take a look at the five energy-related stocks [described below]…that also…[generate] hefty dividend yields.


1. Black Diamond Group Ltd. (TSE:BDI) – $5.30
Oil Related Services and Equipment

Black Diamond Group Limited is a Canada-based company that rents and sells modular workforce accommodation and space rental solutions to customers in Canada, the United States and Australia. The Company offers lodging and other support services related to remote workforce accommodation and space rentals. It operates through the segments, including Structures, Logistics, Energy Services and International.

  • Market Cap: 217,837,536.60
  • Revenues: 235,372,000
  • Total Debt: 157,707,000
  • Dividend Yield: 17.0%


2. Northern Blizzard Resources Inc. (TSE:NBZ) – $4.94
Oil & Gas Exploration and Production

Northern Blizzard Resources Inc. is a Canada-based crude oil production and development company focused on maximizing oil recovery from its heavy oil resource base. The Company is engaged in the exploration for and the acquisition, development and production of petroleum and natural gas reserves in western Canada. The Company’s properties include Cactus Lake, Winter, Court, Smiley, Coleville, Cuthbert, Thermal, Westhazel, Hearts Hill, Mantario and Senlac.

  • Market Cap: 575,194,423.36
  • Revenues: 343,100,000
  • Total Debt: 359,141,000
  • Dividend Yield: 15.4%

SciVac3. Strad Energy Services Ltd. (TSE:SDY) – $1.45
Oil Related Services and Equipment

Strad Energy Services Ltd. is engaged in providing a range of well-site and energy infrastructure solutions, including Surface Equipment, Environmental and Access Matting, Solids Control and Waste Management, EcoPond (frac-water storage), Drill Pipe and Matting Manufacturing. Its commodity exposure includes conventional and unconventional oil, liquids rich natural gas, and dry natural gas, as well as exposure to Energy Infrastructure projects related to oil sands, pipelines and power transmission.

  • Market Cap: 215,285,203.21
  • Revenues: 92,436,000
  • Total Debt: 16,229,000
  • Dividend Yield: 14.5%

SciVac4. Essential Energy Services Ltd. (TSE:ESN) – $0.62
Oil Related Services and Equipment

Essential Energy Services Ltd. provides oilfield services to oil and gas exploration and production companies in western Canada. The Company operates through two segments: Well Servicing, and Downhole Tools & Rentals.

  • Market Cap: 114,570,744.63
  • Revenues: 145,209,000
  • Total Debt: 27,078,000
  • Dividend Yield: 12.6%

SciVac5. Journey Energy Inc. (TSE:JOY) – $1.86
Oil & Gas Exploration and Production

Journey Energy Inc. is an exploration and production company that is engaged in the exploration, development and production of crude oil and natural gas in the province of Alberta, Canada.

  • Market Cap: 54,153,802.00
  • Revenues: 94,887,000
  • Total Debt: 94,779,000
  • Dividend Yield: 11.6%

Disclosure: The above article has been edited ([ ]) and abridged (…) by the editorial team at (Your Key to Making Money!) to provide a fast and easy read.
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