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

The US is producing record amounts of oil, with over 13.49 million barrels per day in December 2024. However, falling Brent prices and the exhaustion of the Permian Basin could lead to a decline in production. Oil executives are concerned about the impact of tariffs and the uncertain political climate on their drilling plans. Despite these challenges, oil and gas companies are increasing dividends, with $49 billion distributed in Q3 2024. Natural gas, with a rising price and demand, could become a major revenue source for the industry. Warren Buffett’s Berkshire Hathaway has recently invested in an oil and gas giant.

Canadian Natural Resources Limited (NYSE:CNQ) is a top oil and gas dividend stock, with a 5.29% yield and 14 billionaire investors. The company reported strong results for 2024, achieving record production and returning billions to shareholders. CNQ has expanded its operations through strategic acquisitions, positioning itself for future growth. While CNQ ranks high for dividends, some AI stocks may offer greater returns in a shorter time frame. Overall, CNQ remains a solid choice for investors looking for consistent returns.



Read more at Yahoo Finance: Is Canadian Natural Resources Limited (CNQ) the Best Oil and Gas Dividend Stock According to Billionaires?