Four European Oil Company ADRs with Dividends Greater than 5%

I ran the stock screen to identify the largest integrated oil companies traded on the New York Stock Exchange with a market cap > $50B and dividend >=5%. The following four oil majors matched the condition:

1. BP Plc (BP)
Country: UK
Current Yield: 6.54%

2. Eni S.p.A. (E)
Country: Italy
Current Yield: 7.27%

3. TOTAL S.A (TOT)
Country: France
Current Yield: 5.49%

4. Royal Dutch Shell plc (RDS.A)
Country: The Netherlands
Current Yield: 6.17%

Out of these four large oil giants, Eni Spa is interesting because it is engaged in both the oil and gas business and electricity generation. An investor in this stock will get exposure to both the oil sector and electric utility sector of Italy.

Comments

[bc818:]

BP has a large exposure to natural gas too.

Jun 10 12:27 PM

[Pink Panther:]

My screen (markets.ft.com/screene...) shows one more match to your criteria:
Statoil (STO)

I would recommend to add one more important criteria - debt to capital. Then you get a clear winner:
Royal Dutch Shell (RDS.A)

Jun 10 01:55 PM

[David Hunkar:]

Thanks bc818 for the note.

Pink Panther - My screener did not bring up STO.Sometimes this happens due to data inconsistency between screeners. Anyway I will add debt to capital ratio in future posts of this type.

Jun 11 04:09 AM

[Clearlead:]

Oil is not BP's only game, is a major player in U.S. power trading and natural gas.

Jun 11 09:19 AM

[jack kreg:]

when looking high yielding ADR's you must also quote the taxes withheld, even though they can be off-set on your US taxes. Also, how about divident growth, what rate of dividend growth do you expect for these oil co's?
thanks, nice article.

Jun 11 11:42 AM

[bigbullfrog33:]

The author indicates that ENI (e) is paying 7.27% divident. The Company web site and Yahoo indicate the dividend is 5.40%. Who is correct?


On Jun 10 12:27 PM bc818 wrote:

> BP has a large exposure to natural gas too.

Jun 11 06:01 PM

[AssetReset:]

I get 5.13% based on a twice year dividend at today's current dividend

$1.30 x 2 = $2.60 / 50.60 (6/12/09) = %5.13

Jun 12 12:37 PM