Post by
JTDOUBLE on Sep 05, 2022 11:46am
Opec cut supply by 100k barrels by Oct..
Opec plus just making sure who is the King of Price making in comes to oil .. They learned their lesson from the passed looks like they can not be push around this time ..
Comment by
BBAccount001 on Sep 05, 2022 12:15pm
Looks like they want a a floor of $90 which is great for us and maintaining that sweet sweet cash flow
Comment by
JTDOUBLE on Sep 06, 2022 12:57am
Im happy with 10% dividends here .. wish have more dry powder to add another 6 digits here !! Needed to sell some other oil plays to get more here .. becoming a no brainer play with no debts and 10% dividends with only 33% payout ratio..
Comment by
Luckyeleven on Sep 06, 2022 10:47am
Can you please explaing how you come up with a 33% payout ratio at today's prices when you account differentials and AECO exposure? Being bullish is great but lets talk about the actual facts here. BTW no such thing as a no brainer when it come to the market.