Post by
CdnOilObserver on Feb 12, 2021 4:51pm
Dividends & Cash Flow
Outstanding Float: 550,000,000
3% Dividend at $0.12/share annually: $66,000,000
At this WTI Price, depending on what they have already hedged for, a 3% dividend and NCIB is a MUST.
Or.... Another company will come along and buy the company out at 20% above the share price, fire the management, and take the assets.
Comment by
Backinblack1000 on Feb 12, 2021 5:33pm
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Comment by
wentbrokefromcp on Feb 13, 2021 1:03am
How realistic is it to think that could happen?