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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
Post by richc3on Nov 15, 2014 2:37am
537 Views
Post# 23132007

BNN - Comment: Jaime Carrasco

BNN - Comment: Jaime Carrasco4:50ish
https://www.bnn.ca/Video/player.aspx?vid=491980

Company: Twin Butte Energy (TBE-T) Last Price Recorded 1.490
Comment Date: 2014-11-14 Expert:Jaime Carrasco COMMENT

Management has stated that they want to have a higher dividend yield and have increased their payout. He thinks that in this case they can afford to hold this for a while. Yield of around 13% is a touch of a warning, but is also a concern of how much the price has dropped. He has a target of $2.25 and he likes it on drilling and execution risk.


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