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Lucero Energy Corp., an independent oil company, engages in the acquisition, development, and production of oil-weighted assets primarily in the Bakken and Three Forks formations in the Williston Basin area of North Dakota. It holds interests in the Middle Bakken and Three Forks Benches One, Two, Three, and Four formations, as well as Pronghorn/Sanish and Lodgepole areas. As of December 31, 2021, the company had approximately 72.0 million barrels of oil equivalent of total proved plus probable reserves. The company was formerly known as PetroShale Inc. and changed its name to Lucero Energy Corp. in May 2022. Lucero Energy Corp. was founded in 1994 and is based in Calgary, Canada.

Lucero Energy Dividend Announcement

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

Lucero Energy Dividend History

Lucero Energy Dividend Yield

Lucero Energy current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Lucero Energy stock? Use our calculator to estimate your expected dividend yield:

Lucero Energy Financial Ratios

P/E ratio7.47
PEG ratio0.07
P/B ratio0.56
ROE7.64%
Payout ratio0.00%
Current ratio2.64
Quick ratio2.64
Cash Ratio2.25

Lucero Energy Dividend FAQ

Does Lucero Energy stock pay dividends?
Lucero Energy does not currently pay dividends to its shareholders.
Has Lucero Energy ever paid a dividend?
No, Lucero Energy has no a history of paying dividends to its shareholders. Lucero Energy is not known for its dividend payments.
Why doesn't Lucero Energy pay dividends?
There are several potential reasons why Lucero Energy 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 Lucero Energy 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 Lucero Energy 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 Lucero Energy a dividend aristocrat?
Lucero Energy 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 Lucero Energy a dividend king?
Lucero Energy 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 Lucero Energy a dividend stock?
No, Lucero Energy 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 Lucero Energy stocks?
To buy Lucero Energy 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 Lucero Energy 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.