Bullboard - Stock Discussion Forum I3 Energy Ord Shs T.ITE

Alternate Symbol(s): ITEEF

Energy Oil & Gas E&P

i3 Energy plc is an independent oil and gas company with assets and operations in the United Kingdom and Canada. The Company's principal activities consist of oil and gas production in the Western Canadian Sedimentary Basin (WCSB) and appraisal of oil and gas assets on the United Kingdom Continental Shelf (UKCS). The Company's wholly owned subsidiaries i3 Energy North Sea Limited and i3 Energy... see more

TSX:ITE - Post Discussion

I3 Energy Ord Shs > 11.5% dividend

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Post by triken on Mar 08, 2024 12:06pm

11.5% dividend

Under the radar due to large UK and minimal Canadian institutional ownership.

UK equity markets very poor performance due to shifting of investor funds to international equities, perhaps time to quit AIM and seek large institutional investors in Canada where we understand the opportunities in O&G.

Debt free 1H 2024.

approx 50% oil and NGL.

Expanding in Clearwater and cutting back on gas capital expenditures.

Great place to wait until gas ascends again.

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