NWX.V - Newport Exploration Ltd.
| Previous Close | 0.3200 |
| Open | 0.3200 |
| Bid | 0.2950 x 0 |
| Ask | 0.3200 x 0 |
| Day's Range | 0.3200 - 0.3200 |
| 52 Week Range | 0.2500 - 0.4500 |
| Volume | 50,000 |
| Avg. Volume | 68,540 |
| Market Cap | 33.418M |
| Beta (5Y Monthly) | 1.16 |
| PE Ratio (TTM) | 5.52 |
| EPS (TTM) | 0.0580 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.04 (12.50%) |
| Ex-Dividend Date | Feb. 20, 2020 |
| 1y Target Est | N/A |
CNW GroupNewport Well Positioned to Maintain Quarterly Dividend
VANCOUVER , March 30, 2020 /CNW/ - Newport Exploration Ltd ("Newport" or the "Company") is pleased to provide shareholders and investors with an update on its quarterly dividend payment schedule as a result of recent global activity in the oil markets. As the Company's Gross Overriding Royalty ("GOR") business model relies upon the operations of Beach Energy Ltd ("Beach") in Australia , the Company is also providing a summary of a news release made by Beach dated March 27 th, 2020.
- CNW Group
Newport Receives AUD$3,602,465 (Gross)/AUD$2,521,726 (Net) Quarterly Royalty Payment
VANCOUVER, March 2, 2020 /CNW/ - Newport Exploration Ltd ("Newport" or "the Company") is pleased to report its after tax 2.5% Gross Overriding Royalty ("GOR") payment from Beach Energy Ltd. ("Beach") for the November 2019 to January 2020 quarter. The AUD$2,521,726 payment received by Newport is net of 30% withholding taxes (AUD$1,080,739) in accordance with the Australian Tax Office. Newport has approximately CDN$7.2 million in its Treasury, comprised of cash, cash equivalents, and short-term investments.
CNW GroupBeach's Half Year Report Highlights 100% Successful Appraisal and Development Drilling in Four Oil Fields in ex PEL 91, Bauer-39 Production, Several New Well Locations Identified, Two Successful Gas Wells, Infrastructure Upgrades
VANCOUVER, Feb. 11, 2020 /CNW/ - Newport Exploration Ltd ("Newport" or "the Company") is pleased to report on highlights of Beach Energy Ltd.'s ("Beach") Report for the Half Year ended 31st December, 2019, as reported in a news release by Beach on 11th February, 2020. The highlights reported in this news release relate to production and drilling activities on licenses in the Cooper Basin, Australia over which the Company has a 2.5% Gross Overriding Royalty ("GOR"). Beach drilled 20 oil development wells on ex PEL 91, with a 100% success rate.
CNW GroupNewport Announces First Quarterly $0.01 Cash Dividend
VANCOUVER, Feb. 10, 2020 /CNW/ - Newport Exploration Ltd ("Newport" or "the Company") is pleased to announce, its first quarterly cash dividend ("the Dividend") of $0.01 per share to its shareholders of record at the close of business on February 24th, 2020. The Dividend payment date is March 9th, 2020. The Dividend, fully approved by the Board of Directors, is not subject to any changes and has been designated as an "eligible dividend" for Canadian income tax purposes.
CNW GroupNewport Reports that Production Growth Continues with 16% Increase in Quarterly Oil Production from ex PEL 91
VANCOUVER, Jan. 29, 2020 /CNW/ - Newport Exploration Ltd ("Newport" or "the Company") is pleased to provide an update on production and drilling activities on licenses in the Cooper Basin, Australia over which the Company has a 2.5% gross overriding royalty ("GOR"). This information was reported by Beach Energy Ltd ("Beach") (ASX:BPT.AX - News) in its FY2020 Second Quarter Activities Report dated 29th January, 2020. Beach report that their quarterly oil production from ex PEL 91 increased 16%, with ex PEL 91 reporting production of 1,556kboe, up from 1,337kboe in Q1.
CNW GroupNewport Announces Quarterly Dividend Policy
VANCOUVER , Dec. 12, 2019 /CNW/ - Newport Exploration Ltd ("Newport" or "the Company") is pleased to report on proposed corporate policy with respect to dividend payments to be made to shareholders of record in 2020 and beyond, together with a summary of Management's strategy. Going forward, Management proposes to pay a quarterly 'fixed distribution' dividend of $0.01 per share commencing in March, 2020, with subsequent dividend payments every three months. Notwithstanding their recent success and aggressive exploration and development plans proposed by Beach Energy Ltd ("Beach") for the Western Flank and Cooper Basin for FY2020, with the uncertainty that currently exists in the global oil and gas sector, the Company considers it prudent to fix the quarterly dividend at $0.01 per share.
CNW GroupNewport Announces Election of Directors
Trading Symbol: NWX (TSX-V) VANCOUVER , Dec. 6, 2019 /CNW/ - Newport Exploration Ltd ("Newport" or "the Company") is pleased to announce that the nominees listed in the management information ...
CNW GroupNewport Receives AUD$2,200,918 Net Quarterly Royalty Payment
VANCOUVER, Dec. 3, 2019 /CNW/ - Newport Exploration Ltd ("Newport" or "the Company") is pleased to report that it has received its after tax 2.5% Gross Overriding Royalty ("GOR") payment from Beach Energy Ltd. ("Beach") for the three-month period August 2019 to October 2019. The AUD$2,200,918 payment received by Newport of is net of 30% Australian withholding taxes (AUD$943,250) in accordance with the Australian Tax Office. Newport has approximately CDN$5.3 million in the Treasury, comprised of cash, cash equivalents, and short-term investments.
- Simply Wall St.
Do Directors Own Newport Exploration Ltd. (CVE:NWX) Shares?
The big shareholder groups in Newport Exploration Ltd. (CVE:NWX) have power over the company. Large companies usually...
- CNW Group
Beach report increased production, continued drilling success, and plans for FY2020 exploration and development in the Cooper Basin, Australia
VANCOUVER, Oct. 29, 2019 /CNW/ - Newport Exploration Ltd ("Newport" or "the Company") is pleased to provide an update on production, drilling activities, and proposed exploration and development on licenses in the Cooper Basin, Australia over which the Company has a 2.5% gross overriding royalty ("GOR"). This information was reported by Beach Energy Ltd ("Beach") (ASX:BPT.AX - News) in its FY2020 First Quarter Activities Report dated 28th October, 2019, and in Beach's 'US and Canada Roadshow Presentation' dated 29th October, 2019, and reference should be made to their website for their interpretation and guidance. Beach report, Western Flank quarterly production was 2.1 MMboe, 7% higher than the prior quarter and was driven by both strong gas and oil production.
- Baystreet
Algonquin, Cogeco at 52-Week Highs
Algonquin Power & Utilities Corp. (T.AQN) hit a new 52-week high of $17.96 Tuesday. No news announcements ...
