In this report, we examine two U.S. energy stocks that are better positioned than many to weather the slowdown in the oil and gas industry. Devon Energy and Cimarex Energy—the first with 60% of its output in oil, the second with 64%… Read More
Today, Pat McKeough looks at a junior energy stock in response to a Member of his Inner Circle who wants to know if this company’s dividend is sustainable. Twin Butte Energy is an oil and gas producer with its major properties grouped… Read More
I have some Twin Butte Energy stock that I bought at $0.85 to $1.50 because it paid a high dividend. Is this dividend sustainable? Will the shares come back when oil prices return to normal, or should I sell them and look for something better?
Twin Butte Energy, $0.39, symbol TBE on Toronto (Shares outstanding: 353.4 million; Market cap: $122.1 million; www.twinbutteenergy.com), produces oil and gas in Western Canada, with a focus on the greater Lloydminster area, along the Alberta/Saskatchewan border. Its output is 88% oil and 12% gas.
In the… Read More
SCITI Trust, $9.13, symbol SIN.UN on Toronto (Units outstanding: 30.3 million; Market cap: $276.6 million; www.scotiamanagedcompanies.com), first issued units at $10 and began trading on Toronto in April 2003.
The trust was scheduled to wind up on April 29, 2008, but unitholders voted to keep it… Read More
Hi Pat: Can I have your opinion on Twin Butte Energy Ltd.? Do you think their high dividend is sustainable? Thanks.
Twin Butte Energy, $2.21, symbol TBE on Toronto (Shares outstanding: 342.1 million; Market cap: $755.8 million; www.twinbutteenergy.com), produces oil and gas in western Canada with a focus on the greater Lloydminster area along the Alberta and Saskatchewan border. Its output is 87% oil and 13%… Read More