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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 kylerollwagenon Sep 17, 2015 7:11pm
134 Views
Post# 24114120

RE:RE:debt/cashflow 1.5x based on q2 annualized

RE:RE:debt/cashflow 1.5x based on q2 annualizedof course I expect WTI at 60-65 in 2016 but just saying even if was 50, they can fund same capx as in 2015 and pay current dividend so buying here at $0.33 is a very safe play as 10% yield is almost assured and so get paid 10% while one waits for recovery, and when oil hits 60-65, stock price should be around $0.6-$0.8 for over 100% capital gain!
Bullboard Posts