RE:RE:RE:$ 24.08Great points, Quint. I'm so glad they picked up VII long before the current wave of M&A that we're starting to see. Everything was dirt cheap a couple of years ago - Brilliant move in my opinion.
I'm predicting the next move with the dividend will be to $0.20 per quarter. It won't be the last.
Cheers and GLTA ARX Bulls.
Quintessential1 wrote: Nice to see ARX making new 52 week highs with low NG pricing.
Lookin forward to the next ER when they will hopefully announce a div increase.
In the meantime the next one is in the news feed at $.17. Ex-div March 27 pays April 15
The new settlement dates don't take effect until May so new buys are the day before ex-div to get the div. They'll need to be the day before ex-div after May too it just moves the ex-div to 1 day before the record date.
I know ARX is making new 52 week highs but with Summer driving season oil pricing approaching,WTI is alreading moving higher and with the WCS spread narrowing to the $12 range I can only see ARX continueing to make new 52 week highs in anticipation of a div increase and higher condy prices too with the TMX fill approaching fast. I would love to see the shre price touch $25 for the first time in 10 years.
GLTA ARX BULLS
TimeBuilder1 wrote: nbsp; 24.09