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Eagle Energy Inc T.EGL.UN


Primary Symbol: EGRGF

Eagle Energy Inc is a Canadian company operating in the Energy Sector. The company is engaged in the acquisition, exploration, development and sale oil & gas and hydrocarbons with operations in Alberta, Canada and Texas, United States. While derives majority of its revenue from Canadian operations.


EXPM:EGRGF - Post by User

Comment by whodathunkiton Mar 08, 2017 2:07pm
95 Views
Post# 25952251

RE:RE:Thoughts?

RE:RE:Thoughts?
philippechampy wrote: everything relies on the divy. If banks agree with an increase, the stock will jump. As divy + capex is 55% of FFO, there is room for.


If I was management I'd be thinking that the market has come to grips the current divy and therefore the money would be better put to use either drilling another hole or paying down debt.  Don't get me wrong, I'd love a larger dividend but it just doesn't seem prudent to me to do so at this time.  I'd rather they strengthen themselves for the on going fight.

Cheers.
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