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Granite Oil: Operations Hit A Bump And Management Hedges

2017-11-10 seekingalpha
The current policy of paying out nearly all the projected free cash flow is expected to continue indefinitely. Significant production growth is not on the horizon despite large in place reserves.

BRIEF-Granite Oil Corp reports qtrly loss per share $0.09

2017-11-10 reuters
* ‍FY capital expenditures (net of expected dispositions) is anticipated to be $16.3 million, a 25% reduction from 2016​

Journey Energy Inc. Grabs A Bargain To Increase Cash Flow

2017-10-17 seekingalpha
The forecast of C$40 million cash flow is lower than a few months ago but still a provides a conservative debt-to cash flow from operations ratio. (32-0)

Granite Oil Corp. Announces Monthly Dividend for May, 2017

2017-05-15 marketwired
CALGARY, ALBERTA--(Marketwired - May 15, 2017) - GRANITE OIL CORP. ("Granite") (TSX:GXO)(OTCQX:GXOCF) is pleased to announce that a dividend of $0.035 per common share will be paid in cash on June 15, 2017 to shareholders of record on May 31, 2017. This dividend has been designated as an "eligible dividend" for Canadian income tax purposes.

8% Granite Oil: Management Still Guiding Towards Slow Growth

2017-05-11 seekingalpha
The stock now has a historically high yield. Slow growth plus the 8% dividend would imply a lower risk return of at least 12%.

Granite Oil Corp. Announces Results of Shareholder Meeting

2017-05-10 marketwired
CALGARY, ALBERTA--(Marketwired - May 10, 2017) - GRANITE OIL CORP. ("Granite" or the "Company") (TSX:GXO)(OTCQX:GXOCF) is pleased to announce the results from its 2017 annual general meeting of shareholders held on May 10, 2017 in Calgary, Alberta (the "Meeting"). Each of the matters voted upon at the Meeting is discussed in detail in the Company's Management Information Circular dated April 10, 2017, a copy of which is available on the Company's SEDAR profile at www.

Granite Oil Corp. Announces First Quarter, 2017 Financial Results

2017-05-10 marketwired
CALGARY, ALBERTA--(Marketwired - May 9, 2017) - GRANITE OIL CORP. ("Granite" or the "Company") (TSX:GXO)(OTCQX:GXOCF) is pleased to release its financial and operational results and operational update for the three months ended March 31, 2017.

Concerned Shareholders Nominate Four Independent Directors to the Board of Eagle Energy Inc.

2017-05-04 accesswire
CALGARY, ALBERTA / ACCESSWIRE / May 4, 2017 / Daniel Gundersen and Kingsway Financial Services Inc. ("Kingsway" and, together with Daniel Gundersen, the "Concerned Shareholders") have concerns about the future of Eagle Energy Inc. (TSX: EGL) (OTC PINK: EGRGF) ("Eagle" or the "Company"). In late 2015, Mr. Gundersen negotiated the sale of Maple Leaf Royalties Corp. ("Maple Leaf") to Eagle. He was the CEO of Maple Leaf at the time.

Granite Oil Corp. Announces Monthly Dividend for April, 2017

2017-04-17 marketwired
CALGARY, ALBERTA--(Marketwired - April 17, 2017) - GRANITE OIL CORP. ("Granite") (TSX:GXO)(OTCQX:GXOCF) is pleased to announce that a dividend of $0.035 per common share will be paid in cash on May 15, 2017 to shareholders of record on April 28, 2017. This dividend has been designated as an "eligible dividend" for Canadian income tax purposes.

Is Growth In The Future For 7.4%-Yielding Granite Oil?

2017-03-27 seekingalpha
7.4% dividend plus some growth could easily yield a low risk 10% long-term return with little risk.

BRIEF-Granite Oil Corp posts Q4 funds from operations $0.18/shr

2017-03-23 reuters
* Granite Oil Corp announces fourth quarter and year end 2016 financial results and operations update

Granite Oil Corp. Announces Fourth Quarter and Year End 2016 Financial Results and Operations Update

2017-03-23 marketwired
CALGARY, ALBERTA--(Marketwired - March 22, 2017) - GRANITE OIL CORP. ("Granite" or the "Company") (TSX:GXO)(OTCQX:GXOCF) is pleased to release its financial results for the year ended December 31, 2016, and to provide an overview of the operational highlights of the 2016 financial year. Granite has filed its audited financial statements for the year ended December 31, 2016 and related Management Discussion & Analysis with the applicable Canadian securities regulatory authorities.

Granite Oil Corp. Announces Monthly Dividend for March, 2017

2017-03-15 marketwired
CALGARY, ALBERTA--(Marketwired - March 15, 2017) - GRANITE OIL CORP. ("Granite") (TSX:GXO) (OTCQX:GXOCF) is pleased to announce that a dividend of $0.035 per common share will be paid in cash on April 17, 2017 to shareholders of record on March 31, 2017 with an ex-dividend date of March 29, 2017. This dividend has been designated as an "eligible dividend" for Canadian income tax purposes.

Research Reports Initiated on Energy Stocks Granite Oil, Canadian Natural Resources, MEG Energy, and ARC Resources

2017-03-14 accesswire
LONDON, UK / ACCESSWIRE / March 14, 2017 / Active Wall St. announces the list of stocks for today's research reports. Pre-market the Active Wall St. team provides the technical coverage impacting selected stocks trading on the Toronto Exchange and belonging under the Oil & Gas - E&P industry. Companies recently under review include Granite Oil, Canadian Natural Resources, MEG Energy, and ARC Resources.

Granite Oil Corp. Announces Record 2016 Year End Reserve Metrics and Operational Update

2017-02-21 marketwired
CALGARY, ALBERTA--(Marketwired - Feb. 21, 2017) - GRANITE OIL CORP. ("Granite" or the "Company") (TSX:GXO)(OTCQX:GXOCF) is pleased to present the summary results of the independent reserves report (the "Sproule Report") prepared by Sproule Associates Limited ("Sproule") with an effective date of December 31, 2016.