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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 konzelmannon Jul 09, 2015 10:53am
98 Views
Post# 23907050

RE:RE:RE:RE:RE:RE:RE:Almost comical...

RE:RE:RE:RE:RE:RE:RE:Almost comical...
I doubt that it's a matter of wanting huge growth - it's a matter of needing this stock to go up substantially just to break even. If you've paid $1.50, wanting it to go back to $1.50 isn't growth. We need management to salvage enough production through this to be able to justify higher stock prices, not for growth, but for break-even. I personally don't want to see production slip every year while a dividend is paid, not because I expect growth, but because I'll never get out of it what I put into it at that rate. Granted, that's my own problem and my own fault. But even if you like a dividend, wouldn't you rather see the stock at $1.50 a year from now with no dividend than $1 with a dividend? If production is kept high, it can justify a $2 price in the future. If production falls for the benefit of paying a dividend, it may never see those prices. The goal is long-term return, in what-ever form is most effective at bringing that return. And at this time, I think getting a triple out of TBE would be more effective at yielding a return than trying to maintain a high dividend. Management has to be aware of that at some point, for their own sake even..
Bullboard Posts