Seven Generations Energy Ltd. class A common shares T.VII

Energy

"Seven Generations Energy Ltd is an independent energy company focused on the acquisition, development, and optimization of high-quality, tight rock, natural gas resource plays. The company employs long-reach and horizontal drilling to produce resources of natural gas, condensate, and natural gas liquids. In addition to drilling operations, Seven Generations owns several gathering lines and processing facilities. The company depends on a skilled technical and business team to identify, capture,

TSX:VII - Post by User

Seven Generations Energy Ltd. class A common shares > 24 cents a share Verses 3 dollars a share

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Comment by MyHoneyPoton Mar 03, 2021 6:28pm

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Post# 32711176

RE:RE:24 cents a share Verses 3 dollars a share

This is an example of their excellent stewardship, they were unable to continue to pay their dividend so they slashed it.

Effective March 13, 2020, ARC has reduced its monthly dividend from $0.05 per share to $0.02 per share. After the payment of the March 2020 dividend, ARC intends to change to a quarterly dividend of $0.06 per share compared to its previous monthly dividend of $0.05 per share.

Before this they were paying their dividend from their bankline monthly, i watched them, ARC assets are gassy, and their cash flow is measly.

IMHO

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