GREY:WFREF - Post by User
Comment by
qwqwon Jan 09, 2015 8:39am
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Post# 23301332
RE:I'm not the only one that's bullish
RE:I'm not the only one that's bullishFranklin disclosed it has increased its stake in Trican Well Service Ltd by 1.5 million shares some time in the last seven months and now holds 27.5 million, or 18.4 per cent of the stock. Over the same period, it purchased 16.4 million shares of Twin Butte Energy Ltd., a Western Canadian intermediate-sized producer that recently cut its capital spending plans and sliced the size of its monthly dividend by more than one-third. Franklin now holds 19.6 per cent of the issuer. It has also increased its stake in PHX Energy Services Corp to 12 per cent, from 9.2 per cent. Finally, Franklin now owns 16 per cent of Long Run Exploration Ltd., a mid-sized oil and gas producer that has also recently cut its dividend.