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CM - Upstream Capital Briefs - January 10, 2020
Northern Oil and Gas will begin paying dividends to its shareholders in April, with the first payout at $0.15 per common share. The maiden dividend represents a 3% annual yield based on the current price of Northern’s NYSEtraded shares. Chairman Bahram Akradi called the new dividend “a conservative but meaningful step.” Startup Ossidiana Energy Holdings announced that it has received a round of funding from new investor Warburg Pincus. The Oklahoma-based company focuses on......
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