PetroBakken Energy Ltd. Plans Mar 13 Dividend of $0.08 (PBN)
PetroBakken Energy (TSE:PBN) announced a mar 13 dividend on Friday, March 15th. Stockholders of record on Sunday, March 31st will be paid a dividend of $0.08 per share on Monday, April 15th.
PBN has been the subject of a number of recent research reports. Analysts at Raymond James cut their price target on shares of PetroBakken Energy from $13.00 to $10.50 in a research note to investors on Friday. Finally, analysts at Fraser Mackenzie cut their price target on shares of PetroBakken Energy from $17.00 to $12.50 in a research note to investors on Wednesday.
PetroBakken Energy (TSE: PBN) traded up 4.87% on Friday, hitting $9.69. PetroBakken Energy has a 52-week low of $7.60 and a 52-week high of $17.70. The stock’s 50-day moving average is currently $8.5. The company has a price-to-earnings ratio of 42.00.
PetroBakken Energy Ltd. (PetroBakken) is an oil and gas exploration and production company. PetroBakken’s activity is focused in three main areas of western Canada; southeast Saskatchewan, central Alberta and northeast British Columbia.
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