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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 bshort92on Aug 06, 2013 3:26pm
364 Views
Post# 21652244

RE:RE:RE:RE:RE:TBE top pick on BNN

RE:RE:RE:RE:RE:TBE top pick on BNNYeah really dude people on this board crack me up. Imagine an issue trading at $3.02 last Novemeber now trading at $1.67 or a loss of 45% of its market cap, production has decreased 20% from 19,200 boe/d to a year end guided 15,500, Q1 2013 saw them report a $30 million loss and most analysts have revised their guidance downward on the targeted share price from around $3 to about $2.25.Talk about inflicting fear. This is really hilarious. But hey the dividend is sustainable, management is well regarded and future capital growth will be accomplished through accretive acquisitions. Sounds great...guess that is why the shares are trading another 4.5% lower today with WTI still trading over $105 a barrel. Now that's pathetic.
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