NDIC Daily Report From Yesterday, Posted; Speaking Of Dividends; Nothing Else To Talk About; Quiet Tuesday; No Wells Coming Off Confidential List -- March 3, 2020

Market: as noted earlier, I am not following the market. I have not checked in for over a week now. I do however look at dividend announcements. I may have missed some but here are two biggies:

• EOG announced an increase in its dividend, and it was not trivial;
• SRE announced an increase in its dividend; 

EOG, link here, go to February 27, 2020, announced, 38 cents/share; also here;

EOG Resources pays an annual dividend of $1.15 per share, with a dividend yield of 1.83%. EOG's next quarterly dividend payment will be made to shareholders of record on Thursday, April 30. The company has grown its dividend for the last 2 consecutive years and is increasing its dividend by an average of 19.73% each year. EOG Resources pays out 23.09% of its earnings out as a dividend.

SRE, link here, go to February 25, 2020, announced, $1.05/share:

Sempra Energy pays an annual dividend of $3.87 per share, with a dividend yield of 2.72%. SRE's next quarterly dividend payment will be made to shareholders of record on Wednesday, April 15. The company has grown its dividend for the last 9 consecutive years and is increasing its dividend by an average of 5.56% each year. Sempra Energy pays out 57.08% of its earnings out as a dividend. 

AMGN: link here, increased quarterly dividend by 10.3%, from $1.45 to $1.60, Feb/Mar 2020;

Amgen pays an annual dividend of $6.40 per share, with a dividend yield of 3.13%. AMGN's next quarterly dividend payment will be made to shareholders of record on Friday, March 6. The company has grown its dividend for the last 9 consecutive years and is increasing its dividend by an average of 11.64% each year. Amgen pays out 43.18% of its earnings out as a dividend.

Others:

• Concho Resources: link here; hikes quarterly dividend 60% to 20 cents / share
• FLS, announces an increase in its dividend to 20 cents/share.
• SUNCOR: a 10.7% increase;
• UPS: an increase of 5.2%
•  Wisdom Tree, a number of "funds": an increase of 800%; 172%; 216%, 267:, etc.
• SPDR Dow Jones Industrial Average ETF: up 480%
• UNP, BAX: unchanged;

Most interesting: I did not see any companies of note/importance (to me) cutting dividends. Of course, my blinders were on. LOL.

Disclaimer: this is not an investment site.  Do not make any investment, financial, career, travel, job, or relationship decisions based on what you read here or think you may have read here. 

**********************************

Back to the Bakken

Active rigs:

$47.70	3/3/2020	03/03/2019	03/03/2018	03/03/2017	03/03/2016
Active Rigs	52	67	59	45	35

 
No wells coming off the confidential list today.

Daily activity report, yesterday, March 2, 2020:

Four new permits, #37417 - #37421, inclusive:

• Operator: Petro-Hunt
• Field: Burke
• Comments: 
• Petro-Hunt has permits for a 5-well Blikre/Powell pas in SESW section 31-159-93, East Tioga oil field;

Four permits renewed:

• Lime Rock: a Harlan Rebsom permit, a State Dvorak permit, both permits in Dunn County
• EOG: a Hardscrabble permit in Williams County
• Whiting: a Bartleson permit in Mountrail County 

Five permits canceled:

• QEP: five MHA permits, four in Dunn County; one in Mountrail County

**********************************

Backyard Patio 

Juvenile cardinal:

One can see a red flash on the developing crest, as well as a red flash on the left wing. Up until a few days ago, the parents were arriving first, and the baby would arrive shortly thereafter. For the past two days, the baby has been arriving first, and the parents not showing up at all (at least while I'm there to see them in the morning). That suggests to me the parents are focusing on their second clutch of the season.