RE:RE:No Divy increase meanwhile Management issued themselves 15m liljohnnyjoke wrote: It tells investors that they now have time to invest elsewhere and come back here in about 3 months if they raise the divy in Q2 and get in at right about the same share price as today, maybe even lower $y20s if oil pulls back.
If you think oil continues to rise then probably better chances of double digit gains with CVE or Meg or CPG etc.
Maybe, but you don't get the dividend. I own all of them but for different reasons.
The one thing in common is higher oil prices will benifit all, some more than others. Meg is probably the best going forward as they are less hedged than most and will benefit greatly from higher oil prices. As for SU paying down debt.....this should be paramount for all companies. They didn't cut the dividend for fun, they were in trouble and had no choice. I for one am not fooled by this low interest rate BS. Rates will raise and pain will come. Best to suck it up and pay the piper now while the limited time window is open.
IMO and GLTA