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Prospex Energy PLC operates as an oil and gas investment company in Europe. The company holds interest in the Tesorillo Project that comprises two petroleum exploration licenses, the Tesorillo and Ruedalabola permits, which cover an area of approximately 38,000 hectares located in Cadiz Province in southern Spain; and a 17% working interest in the Podere Gallina exploration permit in Po Valley Basin, Italy. It also holds 49.9% interest in El Romeral gas and power operation, including three producing wells comprising El Ciervo-1, Santa Clara-1, and Sevilla-3. The company was formerly known as Prospex Oil and Gas Plc and changed its name to Prospex Energy PLC in July 2020. Prospex Energy PLC was incorporated in 1999 and is based in London, the United Kingdom.

Prospex Energy Dividend Announcement

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

Prospex Energy Dividend History

Prospex Energy Dividend Yield

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

Prospex Energy Financial Ratios

P/E ratio-0.02
PEG ratio0.01
P/B ratio0.00
ROE-4.52%
Payout ratio0.00%
Current ratio21.06
Quick ratio42.10
Cash Ratio0.01

Prospex Energy Dividend FAQ

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