3 picks for oil and gas companies with nearly 6% dividend yield
When picking dividend stocks, oil and gas companies have become very popular lately. Given this year's oil and gas problems, it's clear that demand for these commodities will still be strong. As a result, many energy companies are enjoying good earnings, which are reflected in their dividends. Let's take a look at 3 oil and gas companies that have a nearly 6% average dividend yield
1. Baker Hughes $BKR
Baker Hughes Company provides a portfolio of technology and services to the energy and industrial value chain worldwide. It operates in four segments: (OFS), Oilfield Equipment (OFE), Turbomachinery & Process Solutions (TPS), and Digital Solutions (DS).
- OFS: exploration, drilling, wireline, evaluation, completion, production and intervention services; and drilling and completion fluids, wireline services, well completion tools and systems, well intervention tools and services, pressure pumping systems
- Oilfield Equipment (OFE): subsea and surface wellheads, pressure management and production…
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