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Twin Butte Energy Ltd TBTEF

Energy Oil & Gas E&P
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

Twin Butte Energy Ltd
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Comment by pm1231on Nov 17, 2014 11:15pm
290 Views
Post# 23138583

RE:RE:RE:RE:RE:RE:RE:Look out- Dividend Cut Coming

RE:RE:RE:RE:RE:RE:RE:Look out- Dividend Cut ComingThanks.  I think we have different investing objectives. My holding horizon is anywhere from 2-3 years.  There is no way anyone can really predict when things will stabilize, or whether or not we've reached a bottom with TBE's price.  There is a good chance now that we are out of the Q3 news cycle it may test new lows if oil prices continue to fall since it's been unable to break through resistance after the earnings announcement.  That said, i'm not too concerned.  I'm more interested in long term viability and it seems on most counts that they will do well relative to others on a risk/reward basis over the long term while you collect a sustainable yield.  

Anyway - checking out until Q4.
Cheers.
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