In this article, we are going to discuss the 10 best high yield energy stocks to buy now.
The energy industry is known for its strong commitment to shareholders and generous payouts. According to figures from Janus Henderson, the oil, gas, and energy sector reported an annual underlying dividend growth rate of 3% last year. The sector distributed $166.2 billion in dividends in 2024, up significantly from $118.9 billion it paid in 2018.
However, sustaining such a high level of payouts is getting increasingly difficult. With gains of just under 2% since the beginning of 2025, the overall energy sector is lagging significantly behind the overall market, which has risen by 16.56% as of the writing of this piece. This is primarily due to a 15% drop in global crude oil prices, driven by increased production, an escalating global trade war, and a shaky demand outlook.
The low-priced environment has forced the oil and gas operators to find other avenues of increasing profits and hence pay hefty payouts, including cost-cutting by way of improving efficiency, and investing in other sources of energy, such as LNG and nuclear.
With that said, here are the Best Energy Dividend Stocks to Buy Now.
Our Methodology
To collect data for this article, we observed various companies operating in the energy sector and then shortlisted the ones with annual dividend yields of over 4% as of November 1, 2025, and that have maintained their dividend policies over the last few years. The following are the Best Energy Dividend Stocks with High Yields.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 427.7% since May 2014, beating its benchmark by 264 percentage points (see more details here).
11. Chevron Corporation (NYSE:CVX)
Dividend Yield as of November 1: 4.34%
Chevron Corporation (NYSE:CVX) manufactures and sells a range of high-quality refined products, including gasoline, diesel, marine and aviation fuels, premium base oil, finished lubricants, and fuel oil additives.
Chevron Corporation (NYSE:CVX) remains resilient despite a low-price environment, and the oil giant reported strong results for its third quarter on October 31, topping expectations in both earnings and revenue. Chevron completed the acquisition of Hess in July, and the combined company produced 4.1 million barrels of oil equivalent per day (boepd) in Q3, up significantly from 3.4 million boepd in the same quarter last year. The company also continues to work on improving efficiency and is on track to achieve $2 billion to $3 billion in cost reductions next year.
Chevron Corporation (NYSE:CVX) generated free cash flow of $4.9 billion during the quarter and returned $6 billion to shareholders in the form of dividends and share repurchases. The company’s diverse industry exposure and strong financial position have allowed it to grow its annual dividends for 38 consecutive years, putting it among the Top 15 Dividend Growth Stocks for Long-Term Investors.
10. NorthWestern Energy Group, Inc. (NASDAQ:NWE)
Dividend Yield as of November 1: 4.42%
NorthWestern Energy Group, Inc. (NASDAQ:NWE) is a utility company providing reliable and affordable electricity and natural gas to customers in Montana, South Dakota, and Nebraska.
NorthWestern Energy Group, Inc. (NASDAQ:NWE) revealed a strong performance in its third quarter report on October 30, with the company beating estimates and recording growth in both earnings and revenue. NWE’s adjusted EPS of $0.79 was up by over 21% YoY and topped consensus by $0.04, while its revenue of $387 million grew by 12% compared to the same period last year and beat expectations by $11 million. Moreover, the utility revealed that its merger with Black Hills is expected to close in the back half of 2026.
NorthWestern Energy Group, Inc. (NASDAQ:NWE) also reaffirmed its $2.7 billion capital investment plan for 2025-2029, which is expected to support a 4% to 6% long-term EPS and rate base growth rate.
NorthWestern Energy Group, Inc. (NASDAQ:NWE) also declared a quarterly dividend of $0.66 per share and reiterated its commitment to maintaining a dividend payout ratio within its targeted range of 60-70% over the long term.