RE:RE:RE:Oil at $100.00 by August/September?MLEWICKIMBA wrote: Opec said recently not more than 99.99 Brent Crude.
All we need is two more quarters...
As mentioned we are getting all of the cash flow and free cash flow from TVE.
What we know:
1. New Drilling in the clrarwater highly productive. Maintenance program effective.
2. Debt is on track for additional reduction and therefore TVE soon a deleveraged producer.
3. It is likely 30m to 40m shares will be redeemed but it is possible to reach 45m to 50m shares.
4. Dividend is fine but I think when they reach 899,999,999 in debt target they will increase Dividend to 0.18 cents annually.
DEAR TVE MANAGEMENT PLEASE FIX THE OUTAGE.
ML
4. Wasn't the outage caused by a fire at CNRL? Is it within management's competence to fix?
3. If after acheiving their debt targets they are still flush with FCF, I would not object to a special ONE TIME dividend
I do not support an increase in quarterly dividend for reasons I have stated here before.
Cheers