NGL's super high prices in Q4I picked this link off the ARC board, but i think it is even more applicable for TOU, and they are the largest producer of NGL's and one of the top condensate producers in the Country.
It looks like when the earning come out they will be nothing short of spectacular, and i am really interested what year end debt will be.
NGL Pricing Tourmaline want to pay dividends to share holders i like this, if i want to buy more stock it is up to me. I don't like share buy back because and under acheiving management team can buy back their own stock. - It time that energy investors could take some capital off the table. They deserve dividends.
- Investors deserve the choice, they can take dividends and buy more shares if the choose, they don't need to company to make that decision for them. The share float is really irrelavent, ask Warren Buffet.
- If the stock is undervalued, it is management responsibility to represent it correctly and insure the investment community sees the value.
IMHO