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Bullboard - Stock Discussion Forum i3 Energy Plc. T.ITE

Alternate Symbol(s):  ITEEF

i3 Energy is an oil and gas Company with a low cost, diversified, growing production base in Canada's most prolific hydrocarbon region, the Western Canadian Sedimentary Basin and development assets in the North Sea with significant upside. The Company is well positioned to deliver future growth through the optimisation of its existing 100% owned asset base and the acquisition of long life, low... see more

TSX:ITE - Post Discussion

i3 Energy Plc. > Shawn359 ;
View:
Post by 1rockit on Mar 08, 2022 8:03pm

Shawn359 ;

Believe it or not I think we're in for a bit of a pullback. If you didn't notice all the oil stocks pulled back today . Seems kind of funny at a time when oils going threw the roof but when something runs out of buyers this is what happens ! Rite now I'm on the sidelines, even though I'm probably making a mistake . I personally want to bet on the side of caution and protect my gains . Who knows, I may get back in tomorrow but for now I'm protecting my capital. Cheers
Comment by Shaawn359 on Mar 09, 2022 12:04am
Thanks! I could see that happening in the short term. I'm from Canada and recently heard of this company and am just trying to get a sense of it. (Bought in at 26c)    I have a couple questions maybe you might be able to answer…   With the announcement of the UK phasing out Russian oil in 2022  and the added emphasis the Prime Minister put on permits for the ...more  
Comment by Buyreallow on Mar 09, 2022 3:30am
I suggest you go to the I 3 website and select investors, regulatory news and alerts.  There are 4 or 5 articles from 2022 that will answer your questions.  The dividend is now a monthly dividend and good for the rest of 2022.  And yes, it is likely to increase given the high prices they are getting for their oil and gas.
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