Hinto Energy, Inc., together with its subsidiary, South Uintah Gas Properties, Inc. engages in the acquisition, exploration, and development of oil and gas properties in the rocky mountain region. The company's properties include the Natural Buttes field in Uintah County; the Greater Cisco Springs field in Grand County; the Mason Lakes and the Ragged Point fields in Musselshell County, Montana; and the Medina County field in Ohio. As of December 31, 2014, its proved undeveloped reserves include 41,515 Bbls of oil and 419,233 MScf of natural gas. The company was founded in 1997 and is based in Greenwood Village, Colorado. On August 16, 2017, an involuntary petition for liquidation under Chapter 7 was filed against Hinto Energy, Inc. in the U.S. Bankruptcy Court for the District of Colorado. On October 31, 2017, the involuntary petition was approved by the Court and the Chapter 7 petition was converted to Chapter 11 reorganization. On December 14, 2017, the the case was converted to liquidation under Chapter 7.
HINTO Energy Dividend Announcement
• HINTO Energy does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on HINTO Energy dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.
HINTO Energy Dividend History
HINTO Energy Dividend Yield
HINTO Energy current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing HINTO Energy stock? Use our calculator to estimate your expected dividend yield:
HINTO Energy Financial Ratios
HINTO Energy Dividend FAQ
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.
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