Going Cross Eyed (NVA verses POU)
The only other high torque montney play in the same play area a POU is NVA, with torque to liquids with PipeStone and some Kakwa of their own.
With POU owning roughly 20% of the NVA shares i am going cross eyed, i have to look at NVA stock and POU stock at the same time. Like today for example.
NVA hit a high this moreing of $4.72, now roughly 40 million shares multipled by 4.72 is about 190 million dollars.
The kicked is if POU dividends out those shares the most tax effective way to dispose of them then that is about $1.60 a share in special dividends.
Thats like a 10% dividend on the stock, pretty fantastic, but i guess there are lots of ways POU could povide a specially divvy that is only one. Next year expect a monthy dividend increase and more dividends.
Only haveing 134 million shares means we could easily have a dollar a share dividend and still have tons of free cash flow.
IMHO