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Long Run Explor Ltd Ord WFREF

"Long Run Exploration Ltd is engaged in the development, exploration and production of oil and natural gas in western Canada."


GREY:WFREF - Post by User

Post by CanadianJrson Dec 01, 2014 3:10pm
295 Views
Post# 23182419

Profit

ProfitQuick question for those that know this stock more intimately than me. I've been watching oil as it's crashing looking for good sustainable companies with high dividends. Can LRE profit at $55 a barrel and maintain at least a 10% dividend or will it be just scraping by like most others...average cost of barrel production $47 barrel with most other companies. Thanks in advance!
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