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Mud converts to shale and organic material converts to liquid petroleum:
Payout Ratio
The proportion of earnings paid out as dividends to shareholders, often expressed as a percentage.
Common Dividends
Dividends distributed to holders of common stock, often based on the company's profitability and declared by its board of directors.
Weighted Average
A calculation that takes into account the varying degrees of importance of the numbers in a data set.
Price-Earnings Ratio
A valuation ratio of a company's current share price compared to its per-share earnings.
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