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Bullboard - Stock Discussion Forum Global X Enhanced Can Oil And Gas Eq Cov Call ETF T.ENCL

TSX:ENCL - Post Discussion

Post by fishcarrier on Apr 04, 2024 10:57am

WTI up

So, beside the big juicy dividend, our stock is going up. This means our dividend rate of 17.5% is going down....lol. However, we can't lose for winning. I also like that the dividend is monthly. Makes reinvesting fun. I suspect WTI will play closer to Brent now that the TCM pipeline will enter service. I also believe more people are discovering this lovely ETF. When they pay 21.18 on a morning when oil price is lagging, that must be pumped-up new investors. Glad to see you here too, Noble. Seems like we're the only ones willing to share our good fortune....lol.
Comment by firstworld on Apr 10, 2024 1:54pm
Majotity of TCM oil will go to USA refineries and sgipping fees will have to incrwase 10X to cover the $80M /km pipeline cost. Canada has a new bragging right...the mosy expensive per km pipelone in the world incl subsea that also took the longest to build per km haha.  Also thw biggest single communist infrastructure project outside of N. Korea and China LOL.   Why bother with ...more  
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