4 Energy Stocks Offering Dividends Worth Buying This March

Reliable Dividend Opportunities in the Energy Sector

Energy companies are often favored for their dividend payouts, thanks to the constant global demand for oil, gas, and electricity. Despite this steady need, the sector is known for its unpredictability, with geopolitical events—such as conflicts in the Middle East—frequently impacting market stability.

Prices for oil and gas, along with the value of energy stocks, can swing dramatically. For investors, a long-term approach focused on established industry leaders is typically the safest bet, as these companies have proven their resilience through market cycles.

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Below are four notable companies from the oil, gas, pipeline, and nuclear energy industries, each offering consistent dividend income and presenting attractive investment opportunities.

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1. Oneok

Oneok (NYSE: OKE) stands out as a major U.S. pipeline operator, managing over 60,000 miles of pipelines and related assets for oil and gas transportation and storage. The company’s main focus is on natural gas and natural gas liquids, which are projected to contribute the majority of its profits by 2026.

Currently, Oneok offers a 5% dividend yield, with management aiming for annual increases of 3% to 4%. The U.S. Energy Information Administration expects domestic natural gas output to climb this year and next. Analysts anticipate Oneok’s earnings will grow by about 4% annually, supporting further dividend growth.

2. Chevron

Chevron (NYSE: CVX), a leading integrated oil company, is positioned to benefit from rising oil prices. Following its acquisition of Hess, Chevron expects its production to expand by 2% to 3% each year through 2030. Even if Brent crude drops to $70 per barrel—below current levels—Chevron projects its free cash flow will increase by 10% annually.

Chevron has demonstrated its ability to navigate downturns, boasting 39 consecutive years of dividend increases. While future oil prices remain uncertain, Chevron’s steady dividend payments make it a solid choice for investors seeking stability. The stock’s current yield is 3.7%.

3. Kinder Morgan

Kinder Morgan (NYSE: KMI) ranks among North America’s largest energy infrastructure firms, operating more than 78,000 miles of pipelines and 136 terminals for oil, gas, and CO2. The company is a leader in natural gas transportation, handling around 40% of U.S. production.

Kinder Morgan has a significant presence in Texas and along the Gulf Coast, close to key natural gas export facilities. With a $10 billion backlog of projects—90% tied to natural gas power, transmission, and LNG exports—the company is poised for continued growth. Its current dividend yield is 3.5%, and it has increased payouts for nine consecutive years.

4. Constellation Energy

Nuclear power is expected to play a vital role in meeting America’s future electricity demands. Constellation Energy (NASDAQ: CEG) operates the largest fleet of nuclear plants in the country, totaling about 22 gigawatts of capacity. This positions the company well as tech firms seek sustainable energy solutions for expanding data centers. Last year, Constellation signed a 20-year agreement with Meta Platforms to supply nuclear-generated electricity.

Analysts predict robust growth for Constellation, estimating annual earnings increases of 15% over the next three to five years. While its initial dividend yield is just above 0.5%, the payout represents only 15% of projected earnings for this year. With strong growth prospects, shareholders can expect significant dividend increases in the years ahead.

Is Now the Right Time to Invest in Chevron?

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*Stock Advisor performance as of March 18, 2026.

Justin Pope does not own shares in any of the companies mentioned. The Motley Fool holds positions in Chevron, Constellation Energy, Kinder Morgan, and Meta Platforms, and recommends Oneok. For more information, see The Motley Fool’s disclosure policy.

4 Dividend Energy Stocks to Buy in March was first published by The Motley Fool.