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Spyglass Resources Corp SGLRF

Spyglass Resources Corp is an oil and gas exploration and production company that conducts its operations in the Western Canadian Sedimentary Basin. The Company is a dividend paying, intermediate oil & gas company that trades on the TSX under the symbol 'SGL'. It operates oil and natural gas properties in Alberta, Saskatchewan and British Columbia.


GREY:SGLRF - Post by User

Bullboard Posts
Post by spazzmanon May 28, 2013 11:41pm
396 Views
Post# 21453989

BNN endosement

BNN endosement

Michael Giordano , VP Investments & Portfolio Manager

BNN Market Call 28/05/2013

Likes this name. Producing 18,000 barrels per day. Believes the dividend is stable given that it has a basic payout ratio of 25% and an all-in payout ratio of 100% with healthy lines of credit. Have low decline assets, which are ideal for dividend paying models. 12.6% yield.

 

Bullboard Posts