Company is still ramping up. Maybe someday way off in the future. Right now they need the money to develop their Colorado property which can be another big winner. They do not talk about it much but they also have property in West Texas which is the latest hot play. If you want dividends buy COP, MRO or OXY. The personality of WLL is growth through the drill bit. The KOG deal was too good to be true and has synergies.
Would you invest in a company that would send out cash that could've been used to drill more wells with a 100%+ return in less than 12 months?
Where would you invest that dividend to get that kind of return?
When this play morphed into a production outfit, the dividends will become a positive factor.
If they paid out one now, it would absolutely be a negative factor that would signal that somebody should take them out and reinvest their cashflow into as many new wells as possible and lower their taxes to boot!.