Presidio Production (NYSE:FTW) Upgraded by Zacks Research to Hold Rating

Zacks Research upgraded shares of Presidio Production (NYSE:FTW) to a hold rating in a report released on Tuesday morning,Zacks.com reports.

Other equities research analysts have also issued research reports about the company. Wall Street Zen upgraded Presidio Production to a “sell” rating in a research report on Saturday, May 9th. William Blair assumed coverage on Presidio Production in a research report on Monday. They issued an “outperform” rating on the stock. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

Presidio Production Trading Up 1.2%

Presidio Production stock opened at $12.22 on Tuesday. Presidio Production has a 12 month low of $9.50 and a 12 month high of $17.20.

Presidio Production (NYSE:FTW) last released its quarterly earnings data on Friday, May 15th. The company reported ($3.56) EPS for the quarter. Analysts anticipate that Presidio Production will post -0.68 earnings per share for the current year.

Presidio Production Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 15th. Stockholders of record on Tuesday, June 1st will be paid a dividend of $0.3375 per share. This represents a $1.35 annualized dividend and a dividend yield of 11.0%. The ex-dividend date of this dividend is Tuesday, June 1st.

About Presidio Production

Presidio Production Co is a U.S.-based energy company focused on acquiring, operating and optimizing mature oil and gas assets with a disciplined, technology-driven model.