I3 Energy - I3E - Stock discussion

This energy company is focused on the development and production of high return hydrocarbon fields.

Pays monthly dividend. Part of AIM 100 so should be part of free universe but currently only for plus.

How much are they paying per share on the next dividend

At the minute they’re paying 0.1425 per share a month. But are developing new fields over the next few months, and announce Q2 results soon so it might increase a bit. The yearly figure is 1.71p per share.

Sorry im new to this but what is 0.1425 is that a percentage per share or is that like 14p per share. Ive only just started doing this so im new to understanding dividends

More like 0.143p, in other words, you would need at least 10 shares to get 1p dividend.

So sorry, didn’t put the p on the end. 0.1425p per share. Don’t worry about being new, we all were once. I’m not claiming to be an expert by any means and to be honest, I got lucky investing with i3 after a long run of duds. I followed advise from people who knew more ob another forum and had enough faith in them to keep buying into this company. The foundations are solid and production is good. Some advixe services are saying buy to 45p per share.

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Big drop today

Yes, still holding mine. Not letting them go for the current price range.

What’s peoples opinion on this company. I like the monthly dividend. But not sure how much I want to risk on them.

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Not putting any more in, but not selling either

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I lied, at the current price, I had to reinvest some spare dividend cash, and this was the best option. Currently drilling an appraisal well in the North Sea. What’s not to like?

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