Post by
fishcarrier on Apr 08, 2022 1:56pm
Not complaining, but...
what's driving the share price up so much? NG price, if anything, is down a bit. But TOU is rocketing up $1.50 since mid morning, and climbing. Any ideas?
Comment by
Gillies on Apr 08, 2022 2:03pm
SP it is just catching up with the otther energy majors. SP value should be around 70$, if not higher They are also due to announce a special divi in the coming week or so and the value of that divi is expected to be around 1.50 or even more. I also expect the regular divi to be increased near 1$/yr.
Comment by
CriticalMind55 on Apr 08, 2022 2:28pm
maybe the special dividend is going to be $1.50...:)
Comment by
bagcheese on Apr 08, 2022 2:44pm
The price of Natural gas is $6.31 right now. Being said at this price it doesn't matter if Intra-day it's nat gas is down 1%. It is $6.31. Think about it. That's huge for TOU.
Comment by
Cobalt on Apr 08, 2022 2:35pm
Energy stocks dont really trade on the day to day NG/Oil moves they looking out 6 months and with NG up so much YTD they looking at the major cash flow 6 month out prices will bring in , bucket loads cheers