RE:Typical!! BigJoe778 wrote: And in typical CPG fashion.......there's the sell off lol. If you've been around long enough you could've called this a month ago.
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yes old cpg lucky timing ... oil off a bit... but they are printing money ...what kills me is this
- During the quarter, the Company's Board of Directors approved and declared a fourth quarter dividend increase to $0.03 per share, payable on January 4, 2022 to shareholders of record on December 15, 2021. This equates to an annualized dividend of $0.12 per share, an increase of $0.11 per share from the prior level.
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you can't be seerrrrrrousss that you are proud to state this ? what the H ? no NCIB but a ton of performance warrants ... you know because we hit $6 ... look at suncor ...
Suncor doubling dividend amid cash gusher; Case against Natale is flawed
Noah Zivitz Suncor Energy is opening the spigots for its shareholders as surging oil prices boost cash flow and bolster its capacity for paying down debt. The company announced last night that it’s doubling its quarterly dividend and boosting its share buyback program. That news came alongside
quarterly results showing funds from operations more than doubled year-over-year to $2.64 billion in the third quarter. Notably as well, Suncor said it’s building an outlook for next year based on an assumption of US$70 West Texas Intermediate crude; which begs the question of what more investors can look forward to if all the recent predictions of oil moving to US$100 per barrel pan out. We’ll address this and what Suncor’s peers could be poised to deliver as oil rides high. And on that front, we’ll point out as well that
Whitecap Resources and
Crescent Point Energy today also reported significantly higher third-quarter funds flow.
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Looks like maybe another quarter till market catches up .. or the insiders catch up.. you just wait till next quarter ..lol how many times have we said that before ... they are printing money only problem is the insiders are sitting on it ..