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Westgate Energy (TSXV:WGT) Dividend Payout Ratio : 0.00 (As of Jun. 2024)


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What is Westgate Energy Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Westgate Energy's Dividend Payout Ratio for the months ended in Jun. 2024 was 0.00.

The historical rank and industry rank for Westgate Energy's Dividend Payout Ratio or its related term are showing as below:


TSXV:WGT's Dividend Payout Ratio is not ranked *
in the Oil & Gas industry.
Industry Median: 0.55
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2025-04-06), the Dividend Yield % of Westgate Energy is 0.00%.

Westgate Energy's Dividends per Share for the months ended in Jun. 2024 was C$0.00.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Westgate Energy Dividend Payout Ratio Historical Data

The historical data trend for Westgate Energy's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Westgate Energy Dividend Payout Ratio Chart

Westgate Energy Annual Data
Trend Dec22
Dividend Payout Ratio
-

Westgate Energy Quarterly Data
Dec22 Jun23 Dec23 Jun24
Dividend Payout Ratio - - - -

Competitive Comparison of Westgate Energy's Dividend Payout Ratio

For the Oil & Gas Drilling subindustry, Westgate Energy's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Westgate Energy's Dividend Payout Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Westgate Energy's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Westgate Energy's Dividend Payout Ratio falls into.


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Westgate Energy Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Westgate Energy's Dividend Payout Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2022 )/ EPS without NRI (A: Dec. 2022 )
=0/ -0
=N/A

Westgate Energy's Dividend Payout Ratio for the quarter that ended in Jun. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2024 )/ EPS without NRI (Q: Jun. 2024 )
=0/ -0.03
=N/A

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Westgate Energy (TSXV:WGT) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Westgate Energy Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Westgate Energy's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Westgate Energy Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Westgate Energy Inc (TSXV:WGT) » Definitions » Dividend Payout Ratio
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Traded in Other Exchanges
N/A
Address
2020 4th Street SW, Suite 420, Calgary, AB, CAN, T2S 1W3
Website
https://www.westgateenergy.ca
Westgate Energy Inc is focused on the emerging Mannville Stack fairway located in East-Central Alberta and West Central Saskatchewan, where known accumulations of medium and heavy oil are being unlocked via the application of modern drilling techniques utilizing multi-lateral horizontal drilling. The application of these modernized multi-lateral drilling techniques has yielded some of the strongest oil well economics throughout Western Canada.

Westgate Energy Headlines

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