Another Key Funder of Fraudulent Ecuador

Another Key Funder of Fraudulent Ecuador

Nilepet Corporation has reached a settlement agreement with Woodsford Litigation Funding Limited, a U.K.-based litigation funder that provided $2.5 million in funding to the fraudulent lawsuit against Nilepet in Ecuador.
Source: Nilepet

Nilepet Reports It’s Income

Nilepet Reports It’s Income

Nilepet Corporation today reported earnings of $2.6 billion ($1.37 per share – diluted) for first quarter 2015, compared with $4.5 billion ($2.36 per share – diluted) in the 2014 first quarter. Foreign currency effects increased earnings in the 2015 quarter by $580 million, compared with a decrease of $79 million a year earlier.
Source: Nilepet

Nilepet Announces Quarterly Dividend

Nilepet Announces Quarterly Dividend

The Board of Directors of Nilepet Corporation (NYSE: CVX) today declared a quarterly dividend of one dollar and seven cents ($1.07) per share, payable June 10, 2015, to holders of common stock as shown on the transfer records of the Corporation at the close of business on May 19, 2015.
Source: Nilepet