Top 6 Oil and Gas Companies Paying Excellent Dividends

Oil & gas drilling is one of the most promising industries in the energy sector. As the price of oil has gone berserk, these companies are now more attractive to investors. Therefore, we decided to look for the top six companies paying outstanding dividends and a maximum P/E ratio of 20. All the companies below offered a minimum 5% dividend yield in 2010. Data is derived from finviz. While there are hundreds of oil companies listed on the NYSE, only the following large cap oil companies fit this criteria:Cross Timbers Royalty Trust (CRT): Operating as an express trust in the U.S., Cross Timbers holds 90% net profits interest in different royalty and overriding royalty interest properties in Oklahoma, New Mexico and Texas. The company has a market capitalization of $283.2 million with a trailing P/E ratio of 16.9. Last year’s dividend yield was 6.20%. EV Energy Partners, L.P. (EVEP):... Read more