(Source: Shutterstock)
The board of power construction company Argan Inc. has declared a regular quarterly cash dividend, the company announced in a June 20 press release.
The dividend will amount to $0.25 per share of common stock, and will be payable on July 31 to all stockholders of record as of July 21.
Argan Inc. primarily provides construction services for the power industry, including the renewable energy sector. Its corporate headquarters is based in Rockville, Maryland.
Recommended Reading
Haynesville DUC Count Questioned as US Gas Production Forecast to Slip
2023-08-20 - The U.S. Energy Information Administration sees natural gas output falling by 147 MMcf/d in September, but the Haynesville Shale and Appalachia region continue to pump out more gas than last year.
Eni Resumes Production in Three Libyan Exploration Assets
2023-08-03 - Eni’s security risk assessment of the exploration assets yielded positive results and the force majeure was lifted.
$70, $80, $90? No Matter WTI Price, Production to Creep Along
2023-09-25 - As public E&Ps hold fast with capital discipline, even exuberant prices might not be enough to substantially bump up production, although private operators remain a wild card, analysts said.
US Drillers Cut Oil and Gas Rigs for 10th Time in 11 Weeks: Baker Hughes
2023-07-14 - U.S. oil rigs fell to 537 this week, while gas rigs dropped to 133.
Permian, Appalachian Basins Biggest Players in NatGas Production Increase, IEA Says
2023-07-19 - New IEA report depicts the U.S. boosting production and Europe’s high sensitivity to Russia’s gas supply.