RE:Room for dividend increases IMOThe exact figures MOE, are never exact but, we all here are expecting big returns from these O& G producers etc. 2023, I expect that will be the next big leg up for this sector in terms of share prices and divy increases.
VET has it's its earnings release next month ( November) and I'm hoping to see much more debt reduction this time around, and a more of a stronger balance sheet. Again, I hope! As for the divy, I don't expect an incease at this coming release. 2023...a different ball gm. My hope is that one day VET will once again be a monthly dividend payout company. Again, I hope.
The other sideof the coin, I i'm eagerly waiting for the MID-Terms down south.
Moemoney42 wrote: This quote is from a Fiancial Post report... lots of $ to return to shareholders at some point soon.. IMHO
"Last month, a report from environmental think-tank the Pembina Institute said Canada's oil and gas sector is estimated to earn a profit of $152-billion in 2022 due to the war in Ukraine and the resulting commodity price boom"