Tourmaline Oil Corp (Alberta) T.TOU

Tourmaline is getting fabulous prices

[Central1951]

But the shareholders certainly aren't.  Trading near 52 week lows. Most of the major shareholders are aware that Tou has hedged a lot of their production much higher than the crappy Henry Hub price of $2.16.  I don't know why the investment community punishes Tou as if that's all they're getting.
Special dividend has declined from$2.25 to $1.50 but it's better than what I thought we would be getting.

What am I missing?  All comments welcomed

[geric]

I got in high 30s so no complaints from me.  Perhaps think of the special dividends as just that... "special".  I wouldn't consider it a decline as Mike Rose indicated that they wouldn't always be that high as based on commodity price.  He did commit to quarterly special divs which is more than others have offered.  2 billion in fcf!  Watch the bnn