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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

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Post by ANALOG GUY on Jun 27, 2024 4:38pm

Back over IPO price

Closed at 20.06

You sure can't complain about this one as an income seeker 

Back to IPO price after 9 months of paying that incredible monthly dividend 

Kudos to Horizon and whoever is running their covered call program 

ENCL holds ENCC with an extra 25% leverage
Comment by Boreas7 on Jun 28, 2024 7:02am
Yep, ENCL is a very good divy stock.
Comment by firstworld on Jun 28, 2024 11:19am
With all the Federal restrictions it's seems CDN oil will pivot to current business practice of producing less to earn more. Smart. That means minimal expansion (bad for CDN economy and Unions) when $150 BN capital projects over 5-10 years are not done.  Also bad for govt elites when revenue drops. Higher capital gains tax also forces new proformas on all projects under consideration ...more  
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