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Granite Oil Corp GXOCF

Energy
Granite Oil Corp is a Canada-based oil producer based in Calgary, Alberta with lands and operations located in southern Alberta. The company is engaged in the exploration for and exploitation, development, and production of oil and natural gas. Its Alberta Bakken Properties are located in southern Alberta at the south of Lethbridge.


OTCQX:GXOCF - Post by User

Granite Oil Corp > Cash flow per share up 50% from Q1
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Comment by Klens75on Aug 10, 2018 10:20am
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Post# 28440125

RE:RE:RE:Cash flow per share up 50% from Q1

RE:RE:RE:Cash flow per share up 50% from Q1Yup, I was wondering that too. My guess it`s gone... they`ll go after paying the debt. That was one of their stated goals in the release... not maintaining a dividend. Put it this way... do you think a 11% dividend is sustainable?
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