RE:RE:This nasty oil stocks correction is over now In my opinion none of the oil and gas stocks will be increasing their divi. Why because increasing their divi is a long term statement that they are going to be profitable year over year going forward and that's just not reality anymore. Every year these companies will be required to produce less and less as the world evolves which it's already doing at a rampant pace. In 10 years from now Cpg is going to be a thing of the past, all the small mid tiers are toast. Enbridge will survive as they transport, maybe suncor Cve and Cnrl if they diversify into clean energy but your megs Cpg Bte and others alike will be a company we once knew in 10 years. There done. Take your profits on any small uptick if you've bought in the past 5 years and run for your life.
If your like me and bought in the 16s. Take your losses and move into the new sectors that are evolving not disappearing.
My money in Cpg has been sitting dead for 7 years meanwhile the EV sectors have gained in the 1000S of percentages and are still climbing.
Canadian oil and gas is done.