RE:RE:Analyst bs Pierre even with lower oil - Gas prices , the debt targets to dividend payout model they are suggesting to there shareholders will be achieved , and in a much lower oil - Gas environment this might take longer you are most correct. You have been here as long a so can remember , before me for sure , and therefore you have seen some already excellent increases in dividend pay outs.
Time will tell , My wife also is invested on her end , so we both agree with your opinion. She also has had money with Raymond James from long ago , her advisor never had her in commodity's and I think every one has there style. He is decent thoigh.
Anyway , we had originally got into Whitecap on her end because it was just like today , ridiculously under priced , and in fact she bought in last August.
She had more than doubled her money until recently, and her diivy was about 4% when she bought in because it was cheap , and since then they have raised it 3 times ? She is making double that now . Mind you , the price has fallen substantially from the high.
So today the share price is such that a new investor could get in , read about management , read analysts view of management , and take a hard look at what there capital return plan to shareholders is moving forward , and a new shareholder could do very well.
With in the next 12 months they are projecting a $.74 cent dividend, and are stating one they hit $1.3 B in net debt returning a further 75% of Free funds flow to shareholders either through Special dividends or share buy backs.
The other 25% will be to further grow the company ,
Accelerate debt re-payment or buy accretive acquisitions.
This is a massive opportunity for anyone to add or become a investor in WCP. Disclaimer there are ither
good names out there as most of you know. This should be one of them in your mix ! IMO
C