Newport Exploration (TSE:NWX) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Newport Exploration Ltd has re-elected its board members and reappointed key executives, signaling strong support from shareholders. Due to decreasing oil production and low Brent Crude prices, the company has decided to terminate its fixed dividend distribution and revert to special dividend payments to preserve shareholder value.
For further insights into TSE:NWX stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue