13 Oil Stocks with Highest Dividends

9. Viper Energy, Inc. (NASDAQ:VNOM)

Dividend Yield as of March 18: 4.76%

Next on our list of Oil Stocks with the Highest Dividends is Viper Energy, Inc. (NASDAQ:VNOM). It is a publicly traded Delaware corporation focused on owning and acquiring mineral and royalty interests, primarily in the Permian Basin.

On March 17, Mizuho analyst William Janela slightly raised the firm’s price target on Viper Energy, Inc. (NASDAQ:VNOM) from $53 to $54, while maintaining an ‘Outperform’ rating on the shares. The bumped target indicates an upside of over 14% from the current levels.

The move comes after Mizuho raised its 2026 oil price outlook by 14% to $73.25 per barrel, as the Middle East war entered its third week. The conflict has led to Tehran closing down the Strait of Hormuz and effectively choking around a fifth of the global crude oil price. As a result, oil prices have hit their highest level since Russia invaded Ukraine in 2022.

While it is still too early to tell whether the war will raise the structural price of global crude, Mizuho believes that the bias is likely higher. Overall, the analyst firm remains positive on the oil and gas sector.