Tamarack Valley Energy Ltd T.TVE

Dividend

[Sirlostalot]

Wish had not bought back into TVE , shareholders always seem to be quite aways  down the priority list , every quarter seems to be more talk of the illusory shareholder return framework , why  they feel the  need to trumpet the inaugural 14 month old dividend  at 25% of fcf at 55 wti is strange ..They could have thrown shareholders a bone,  even with the debt , a 5/6 % dividend to wait could appeal to a lot more investors .

[himmler]

There are plenty of better oilcos if you were looking"hoping" for a dividend increase.Debt reduction is paramount for any company...not dividend increase.Besides increasing the divvy to %5 from where it is now doesn't fill one's coffers anyway . IMHO waiting for a company to increase its divvy is a lost cause.Better to stick with companys that have a high sustainable one...like

[brewster123]

TVE's dividend yield is double that of TOU's (not counting the "special dividends" they have issued)

[himmler]

You're  right about Tourmalines dividend yield. Topaz is better at %6 ish...but it'll be a long wait I think for natgas prices to go back up..these 2 companys are primarily natgas. TVE isn't obviously.

[BigJake]

Topaz is a spinoff of Tourmaline and is mainly a royalty company. They have been involved in at least 2 of Tamarack's acquisitions and will be collecting royalties from TVE for a long time. There were no canadian banks willing to finance small to mid cap oil&gas producers, sad really.

[Oasisjunior]

I agree with throwing the dog a bone,,,, we as investors are expected to wait on management to get debt under wraps and moving forward,,,, some comments are next year some are in four years,,,, I agree with debt reduction just share alittle wealth as we ride along.