Love all the moves
If nothing else no one can say that it's not exciting to own SGY and watch all the moves that the management team is making. I understand why the market dropped on each of the last couple bought deals, however in the long run this is going to be great for SGY. I like that they only gave us a 2 cent raise in the Div an held back 2 cents for future growth instead of paying it out. This year and the next couple years to come I believe are going to be very positive for SGY.
I also wanted to talk a little bit about the decrease in the Canadian Dollar, this coupled with what seems to be the stablization in crude prices looks very positive for all Canadian Oil companies. SGY sells it's oil in American Dollars, If we continue to get an extra 9 cents on the dollar, this will be very positive for our earnings!
GLTA