From Yahoo Finance: 2025-03-31 09:26:00

The US is producing a record-breaking 13.49 million barrels of oil per day, but faces a potential decline due to falling Brent prices. The Permian Basin, a key oil field, is nearing peak output. Oil executives are unhappy with tariff policies affecting drilling plans. Despite challenges, energy companies have increased dividends to record levels, focusing on natural gas revenue to maintain payouts.

Exxon Mobil Corporation leads the list of the 12 Best Oil and Gas Dividend Stocks according to billionaires. Exxon reported strong financial performance in 2024, with $34 billion in earnings and $55 billion in cash flow. The company achieved record production and sales volumes, growing earnings and cash flow at impressive rates. Exxon has paid dividends for 143 years and plans to repurchase $20 billion in shares annually through 2026.

Exxon Mobil Corporation remains a top choice for investors, ranking 1st among the best oil and gas dividend stocks. While XOM has potential for growth, some AI stocks may offer higher returns in a shorter time frame. For investors seeking promising AI stocks, consider exploring opportunities in the market. Check out our report on the cheapest AI stock with significant upside potential for more insights.

Read more: Is Exxon Mobil Corporation (XOM) the Best Oil and Gas Dividend Stock According to Billionaires?