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Twin Butte Energy Ltd TBTEF

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

Bullboard Posts
Comment by talladega10on Apr 15, 2015 9:48am
88 Views
Post# 23631271

RE:Maybe one more dividend

RE:Maybe one more dividendPunjabi the strategy of TBE is the following as stated by the company. "Twin Butte is focused on low risk development in both the Lloydminster heavy oil fairway and medium grade oil Provost region, where our capital efficiency will allow us to fund both the dividend payment and our capital program within cash flow. This sustainable moderate growth and income model relies on a disciplined capital program where projects provide lower risk opportunities with shorter payout and high rates of return on capital". If TBE eliminates the dividend you will see 10's of millions of shares being sold since the company model will not be a fit for the high dividend mutual fund model so be careful what you wish for.
Bullboard Posts