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Petrolia SE, together with its subsidiaries, operates as a rental equipment company for the oil industry in Norway, rest of Europe, Asia, Australia, and internationally. It operates in two segments, Exploration & Production, and Oil Service. The company engages in the sale and rental of drilling equipment; and rental of land rigs. It rents drilling equipment, such as drill pipes, test strings and tubing, and other equipment, as well as casing, handling, and auxiliary tools. The company also provides equipment inspection and maintenance services. In addition, it offers casing and tubing running, drilling, and make and brake services. It serves oil companies, drilling contractors, and oil service companies. The company was formerly known as Petrolia E&P Holdings SE and changed its name to Petrolia SE in January 2013. Petrolia SE was founded in 1997 and is based in Limassol, Cyprus.

Petrolia Dividend Announcement

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

Petrolia Dividend History

Petrolia Dividend Yield

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

Petrolia Financial Ratios

P/E ratio10.92
PEG ratio-18.84
P/B ratio0.62
ROE5.79%
Payout ratio0.00%
Current ratio2.16
Quick ratio2.05
Cash Ratio0.66

Petrolia Dividend FAQ

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