GREY:BNPUF - Post by User
Comment by
LNGStrongon Apr 11, 2018 4:39pm
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Post# 27869206
RE:$1.41 Close.
RE:$1.41 Close. i doubt there will be changes to the dividend. while the SP is trending up, aeco pricing futures have little to get excited about currently. BNP will need to be strict about capital spending and debt payback for the next many quarters. short of a property sale, near term catalyst to unload nat gas supply.. i think things will be slow and steady.
but when this company and management comes out from this, it'll have a strong balance sheet and a much better SP which it will be able to use hopefully then grow production base.
best thing they can do is continue to work on op costs to lower money out the door.