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AvenEx Energy Corp AVNDF

Energy Oil & Gas E&P


GREY:AVNDF - Post by User

AvenEx Energy Corp > AVF earnings release
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Comment by Capharnaumon Mar 30, 2011 2:12pm
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Post# 18362152

RE: AVF earnings release

RE: AVF earnings releaseThe funds flow per share was .27 for the quarter and I think they can move it up to at least .30 per quarter. Paying 0.045 cents per month makes it a 50% payout going forward on Q4 funds flow.

Plus, the CapEx is spent on increasing the oil portion, so I think they have legs to move forward with a potential dividend increase for next year.
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