In light of the COVID-19 epidemic and other causes, the energy sector is undergoing significant and unprecedented changes. NextEra Energy, Inc., Chevron Corporation, and Enbridge Inc. have found themselves in an unprecedentedly turbulent situation. In 2021, renewable energy accounted for 90% of new power capacity additions globally. According to a report released in May for the year 2021, the growth of the renewables sector in the energy business is predicted to be stable and favorable. Despite the recent release of a climate change report by the United Nations, traditional energy firms and equities have remained stable. Rather than deteriorating, they have managed to rank among the best-performing companies in 2021 thus far. Since the start of 2021, shares of traditional energy companies have been notorious for guiding the S&P 500 to higher gains.
Insider Monkey looks at the 10 energy dividend stocks with over 2% yield. Scorpio Tankers Inc. is ranked 10th among energy dividend stocks with a yield of above 2% on our list. About 131 product tankers were owned, finance leased, or bareboat hired at the end of March. Helmerich & Payne, Inc. is ranked 9th. Revenue was $332.21 million, up 4.68 percent year over year and $7.49 million higher than expected. DHT Holdings, Inc. is ranked 8th among energy dividend companies with a yield of more than 2% on the list. As of March, the company had a fleet of 28 crude carriers with a capacity of 8,660,835 deadweight tons. Solaris Oilfield Infrastructure, Inc. is ranked 7th among energy dividend companies with a yield of above 2% on our list. In addition to other services, the organization provides qualified employees and logistics services. Solaris’ sales was $35.18 million, up 276.69 percent year over year and $5.86 million higher than expected. The Altus Midstream Company is a gas gathering, processing, and transmission company based in West Texas’ Permian Basin. On the list of energy dividend companies with a yield of above 2%, the company is ranked sixth. For more details, click 10 Energy Dividend Stocks With Over 2% Yield.
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