RE:RE:For those who care...
navajojoe wrote "...So we have a full quarter where, according to GXE presentation, they cannot afford to pay the dividend, all else being equal...."
First, let us understand that less than half (48%) the 2023 production comes from heavy oil with pricing subject to WCS differential. It is an important factor but let us not obsess with it.
Second, it is not accurate to state that GXE "cannot afford to pay" the dividend. It would be more accurate to state that for a month or a quarter the dividends payments come from the bank account, not entirely from newly earned "free cash flow" for the period.
I am confident GXE will continue to pay $0.01 monthly for all of 2023. My wife and I have increased our position in the last few days ($1.00 and $1.05)
Patience will be rewarded.