Horizon Oil
Stock Code
Stock Exchange
Horizon Oil (HZN) is involved in oil exploration, development and production. HZN has exploration operations in New Zealand, PNG, the US and China. It is involved in a small-scale production joint venture with Icon Energy in the US. HZN's major project is the Maari Oilfield Project. Horizon Oil listed on the ASX in 1981. Since listing, the company has been primarily involved in oil exploration and production. In June 2003, the company sold its major New Zealand operations to Swift Energy.
Peruse the dividend history for HORIZON OIL LIMITED. A taxable payment declared by a company's board of directors and given to its shareholders out of the company's current or retained earnings, usually quarterly. Dividends are usually given as cash (cash dividend), but they can also take the form of stock (stock dividend) or other property. Dividends provide an incentive to own stock in stable companies even if they are not experiencing much growth. Companies are not required to pay dividends.
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