Table of Contents

company-logo

Eco (Atlantic) Oil & Gas Ltd. engages in the identification, acquisition, exploration, and development of the petroleum, natural gas, and shale gas properties in the Republic of Namibia and the Co-Operative Republic of Guyana. The company holds a 15% working interest in the Orinduik block comprising 1,800 square kilometers located in the Suriname Guyana basin; and interests in the Canje Block covering an area of 4,800 square kilometers located in Guyana. It also holds 85% working interest in the Cooper Block, which covers an area of approximately 5,788 square kilometers; 85%working interest in the Sharon Block, which covers an area of approximately 5,700 square kilometers; 85% working interest in the Guy License covering an area of approximately 11,457 square kilometers; and an 85% working interest in the Tamar Block that covers an area of approximately 5,649 square kilometers located in the Walvis Basin offshore, Namibia. In addition, the company engages in the development of solar projects. Eco (Atlantic) Oil & Gas Ltd. is headquartered in Toronto, Canada.

Eco Atlantic Oil & Gas Dividend Announcement

• Eco Atlantic Oil & Gas does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Eco Atlantic Oil & Gas dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Eco Atlantic Oil & Gas Dividend History

Eco Atlantic Oil & Gas Dividend Yield

Eco Atlantic Oil & Gas current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Eco Atlantic Oil & Gas stock? Use our calculator to estimate your expected dividend yield:

Eco Atlantic Oil & Gas Financial Ratios

P/E ratio-2.24
PEG ratio-0.13
P/B ratio1.67
ROE-54.88%
Payout ratio0.00%
Current ratio1.68
Quick ratio1.68
Cash Ratio1.50

Eco Atlantic Oil & Gas Dividend FAQ

Does Eco Atlantic Oil & Gas stock pay dividends?
Eco Atlantic Oil & Gas does not currently pay dividends to its shareholders.
Has Eco Atlantic Oil & Gas ever paid a dividend?
No, Eco Atlantic Oil & Gas has no a history of paying dividends to its shareholders. Eco Atlantic Oil & Gas is not known for its dividend payments.
Why doesn't Eco Atlantic Oil & Gas pay dividends?
There are several potential reasons why Eco Atlantic Oil & Gas would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Eco Atlantic Oil & Gas ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Eco Atlantic Oil & Gas has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Eco Atlantic Oil & Gas a dividend aristocrat?
Eco Atlantic Oil & Gas is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Eco Atlantic Oil & Gas a dividend king?
Eco Atlantic Oil & Gas is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Eco Atlantic Oil & Gas a dividend stock?
No, Eco Atlantic Oil & Gas is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Eco Atlantic Oil & Gas stocks?
To buy Eco Atlantic Oil & Gas you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Eco Atlantic Oil & Gas stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.