Q: Hello Team,
Do you have a preference between these for overall performance over the next couple of years, ie capital gain plus dividends and why. With LNG becoming a thing, I wonder if that swings it to TOU. Your comments would be appreciated. Also, what would you expect the total percent dividend going forward for TOU, including quarterly and special.
Thanks,
Barry
Do you have a preference between these for overall performance over the next couple of years, ie capital gain plus dividends and why. With LNG becoming a thing, I wonder if that swings it to TOU. Your comments would be appreciated. Also, what would you expect the total percent dividend going forward for TOU, including quarterly and special.
Thanks,
Barry
5i Research Answer:
We like both, but believe TOU to be the better overall company with likely the best management in the sector. LNG is still a ways off, but is a bonus if expansion occurs. Commodity prices of course will be the big deciding factor here, with TOU's gas focus, vs WCP oil. We might look at a 6% dividend all in with ongoing special dividends.