GREY:TBTEF - Post by User
Comment by
bshort92on Mar 07, 2012 11:33am
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Post# 19638371
RE: Reason for downdraft
RE: Reason for downdraft Does the Enbridge outage effect TBE if the production is hedged at over $98 per boe? Is $105.75 oil enough to scare investors into selling the shares over 15% in the last three weeks? Are investors reluctant because of a perceived delay in getting Q4 numbers and 2011 reserves publically disclosed? Are investors concerned that TBE will announce a Q4 earnings drop much like CR who lost $140 million in Q4? Is the monthly dividend going to be threatened by an issue like production and/or transport issues not previously publically disclosed? Something has triggered this downdraft and right now investors are not motivated to invest in an issue yielding over 7%.