Here is a compilation of dividends declared from select upstream, midstream and service and supply companies.
Upstream
APA
APA Corp. (Nasdaq: APA) has declared a regular cash dividend on its common share at a rate of $0.25 per share.
The dividend is payable Nov. 22 to stockholders of record by Oct. 22.
SM Energy
SM Energy Co. (NYSE: SM) approved an increased quarterly cash dividend of $0.20 per share on its common stock outstanding.
The dividend will be payable Nov. 4 to stockholders of record by Oct. 25.
Peyto Exploration & Development
Calgary, Alberta-based Peyto Exploration & Development Corp. (TSX: PEY) confirmed a monthly dividend of CA$0.11 (US$0.08) per common share.
The dividend is payable Oct. 15 to shareholders of record by Sept. 30.
Whitecap Resources
Calgary-based Whitecap Resources Inc. (TSX: WCP) confirmed a cash dividend of CA$0.0608 (US$0.045) per common share.
The dividend will be payable Oct. 15 to shareholders of record by Sept. 30.
Tamarack Valley Energy
Calgary-based Tamarack Valley Energy Ltd. (TSX: TVE) announced a monthly cash dividend on its common shares of CA$0.0125 (US$0.0092) per share.
The dividend will be payable Oct. 15 to shareholders of record by Sept. 30.
Surge Energy
Calgary-based Surge Energy Inc. (TSX: SGY) confirmed a cash dividend of CA$0.0433 (US$0.32) payable Oct. 15 to shareholders of record by Sept. 30.
ARC Resources
Calgary-based ARC Resources (TSX: ARX) announced a quarterly eligible dividend of CA$0.17 (US$0.13) per share. The dividend is payable Oct. 15 to shareholders of record by Sept. 27.
Minerals and Royalties
Permianville Royalty Trust
Permianville Royalty Trust (NYSE: PVL) announced a cash distribution of $0.014 per unit. The distribution is payable Oct. 15 to unitholders of record Sept. 30.
Midstream
NGL Energy
NGL Energy Partners LP (NYSE: NGL) declared a distribution for its 12.806% Class B and 12.716% Class C preferred units.
Class B units will receive a quarterly distribution of $0.8004 and Class C units will receive a quarterly distribution of $0.7947 per unit on Oct. 15 to shareholders of record by Oct. 1.
NGL also declared a quarterly cash distribution for Class D preferred units in the amount of $19.24 million. The distribution will be made Oct. 15 to holders of record Oct. 1.
Service and Supply
Argan
Argan Inc.’s (NYSE: AGX) board of directors declared a 25% increase in the quarterly cash dividend from $0.30 to $0.375 per common share.
The dividend will be payable Oct. 31 to stockholders of record by Oct. 23.
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