I think the May dividend will be double of what it is today. We will find out more next week on whether PBT has completed the last 2 horizontal wells.
What do you think the stock price will be with a 11-12 cent dividend? I also might be more with the horizontal wells and all the recompletes coming online.
Sentiment: Strong Buy
It looks like the dividend will indeed be up if they are where we think they are on those two horizontals. 11 to 12 cent dividend will push the stock up. I don't have a clue how much, but it will be headed the right direction. We will soon know.