Presidio closed its acquisition of Canyon Creek assets
The $83 million deal enters the Arkoma Basin, funded via ABS Warehouse Facility, and expected to increase dividend to $1.50 per share.
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Oil and gas well acquisition and emissions management company
bypresidio.comLast updated
In short: Presidio debuted on the NYSE through a business combination, closed an $83 million acquisition, and reported strong Q1 2026 earnings.
The $83 million deal enters the Arkoma Basin, funded via ABS Warehouse Facility, and expected to increase dividend to $1.50 per share.
Inclusion expected to expand shareholder base and enhance trading liquidity.
The company reported $30M expected Q2 Adjusted EBITDA, declared a dividend, and launched a new AI division to boost production.
The $83 million deal supports an expected dividend increase to $1.50 per share and establishes a platform in the Arkoma Basin.
Presidio Production Company (NYSE: FTW) ("Presidio" or the "Company"), a differentiated oil and gas operator focused on the acquisition and optimization of mature, producing oil...
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