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Twin Butte Energy Ltd TBTEF

Twin Butte Energy Ltd is an oil and natural gas exploration, development and production company with properties located in Western Canada. The firm's operational assets have been sold to West Lake Energy Corp.


GREY:TBTEF - Post by User

Bullboard Posts
Comment by ocean112on Aug 11, 2014 12:31pm
389 Views
Post# 22828633

RE:RE:RE:RE:The globe article

RE:RE:RE:RE:The globe articleI have to say - I agree with PM and Sukki...with all the horizontal drilling taking place to offset the vertical declines - how much more declines can the market possibly be anticipating at this price? Also - when the Q1 was released - the revised guidance downward 6% to 8% was for all of 2014 ....wouldn't management want to lower the bar once then over deliver with Q2 and beyond - rather than set the bar low in Q1 and even lower in Q2?

It just wouldn't make any sense.   If anyone can tell me where is the risk with this stock (setting aside declines)....I mean - given the arguments made - and the fact the Board has already committed to the dividend to the end of year, a payout of around 100%, d/cf of 1.8 - strong metrics - what is the downside risk at this point?  

Can anyone spell out a rational argument why Wednesday's numbers will be negative?  If not - it should be all upside....I mean - at these levels - no news will be seen as a positive given the thrashing this stock has had in the last few months.....

Anyone? Anyone?.......Bueller?...Bueller?....(I've just dated myself with that).....
Bullboard Posts