Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.

home / news releases / CA - Gear Energy: 11+% Yielding Bet On Shrinking WTI-WCS Price Differential

CA - Gear Energy: 11+% Yielding Bet On Shrinking WTI-WCS Price Differential

CA Inc.

Summary

  • Gear Energy exited 2022 in a solid financial position with very little net debt.
  • The 2023 guidance suggests CAD$31M in dividends to be paid entirely from Free cash flows in US$80+ per barrel WTI price environment.
  • Management’s assumptions about the WCS spread may a bit optimistic, but the price differential should narrow by the end of 2023 as the Trans Mountain Pipeline is completed.
  • Gear Energy seems like a good bet on shrinking WTI-WCS price differential as investors could be paid 11+% gross dividend yield while waiting for the spread to come down.

For further details see:

Gear Energy: 11+% Yielding Bet On Shrinking WTI-WCS Price Differential
Stock Information
Company Name: CA Inc.
Stock Symbol: CA
Market: NASDAQ
Menu
CA CA Quote CA Short CA News CA Articles CA Message Board
Get CA Alerts

News, Short Squeeze, Breakout and More Instantly...