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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 Dec 03, 2014 9:43pm
233 Views
Post# 23193038

RE:RE:RE:canadian oil sands just cut div to 20 cents quarterly

RE:RE:RE:canadian oil sands just cut div to 20 cents quarterlyLook at the October 31, 2014 COS report and you'll see why they cut (based on CIBC's sensitivity analysis - if WTI was at $70 - thier total payout ratio would be 499% - 999%!!!   At $70 WTI - FCF would be negative $200M.

TBE is nothing close to this.

Take a look at the SA analysis  to determine if you think the dividend is sustainable (i'm in the camp that it is after reading the article and confirming my own calcs). 






Bullboard Posts