Long Run Explor Ltd Ord WFREF

Part of a Globe article about energy dividend stock

[Spryquasar]

june 23rd 2014

... Long Run Exploration Ltd., Surge Energy Inc., and Twin Butte Energy Ltd. - also screen well for sustaining their dividends, thanks to their low payout ratios. But CIBC believes these three producers are more likely to opt to direct excess cash flow to their balance sheets, rather than to dividend increases (their debt levels are roughly 1.6 times cash flows)...

full article here
https://www.investorvillage.com/groups.asp?mb=6781&mn=80561&pt=msg&mid=13942466

GLTA

[barneyj44]

So far I would have to disagree with Cibc, Lre is upping there dividend next month and I think Surge did as well after there recent acquisitions.

[Shlinker_]

Barney, i too disagree with CIBC analysts - as silly as that may be. The divy increase is for shareholders on record as of June 30th, payable mid July. I'll take the 7.2% divy at this current price. As frustrating as this stock is, I bought more today. I now am very heavy LRE. Very heavy. I surely think the markets going to correct over the next month or two, but i would think we can surely

[barneyj44]

Ive been adding as well, I am very over wieght Long Run as well, I like the gassy side , thats going to be the kicker as far as I'm concerned....

[can1]

Barney... you were a long time supporter of Westfire like I was. I sold half my LRE and I am waiting for a firming around the $5.75 range to sell the rest.   I am all in on an Ex Westfire top management play who now  over at Elk Water Resources.  ....great Board of Directors who want to grow not be content with 3-5% growth ***Watch them grow a real company via the bit. Cheers

[barneyj44]

Thanks I will look into them,