Presidio Production Company records 26,133boe/d in third-quarter daily net production
FTW Presidio Production Co
$10.45 +2.25%
View chart & analysis → - 1Presidio Production Company increased its annual dividend to $1.50 per share.
- 2Presidio Production Company confirmed $17 million in year-to-date cumulative lease sales.
- 3Presidio Production Company recorded a net loss of $46.4 million this quarter.
So what's the key point?
Presidio Production Company raised its dividend to $1.50 per share but reported a $46.4 million loss this quarter. This means the company increased the money paid to shareholders while recording a deficit.
Source The Motley Fool +1 · View original ↗
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