RE:RE:RE:RE:Dec 2023 report..."The question remains: Where is the bottom? Where is the bounce going to happen?"
Don't we all know we'll have the answer weeks after the fact?
The real question is: Where to buy some shares when the risk/reward is there?
The dividend yield is not a parameter in finding the answer, in my book.
Actually, it could be your worse ennemy if the EXPECTED probability of a cut increases.
Look at the leaders behaviour: TOU.to or EQT on the NYSE, you might find a clue.
Natgas futures will also give you a hint but relies greatly on the weather, and it's not good news.
There is way too much oil and gas on the markets. Oil could be the next victim and
there goes the liquids profitability of 14% of Peyto's production.
Keep some powder dry, it might reward you much more than trying to chase the bottom.
AIMHO