RE:This has turned into a real dogGassy names can be frustrating. NG prices can tank fast and stay low for long periods of time. It seems like NG is red or flat a lot.
That's why I sold this at the time of the XTO acquisition. WCP became a gassy name and I've owned those before and didn't like the fragile NG market. I did like WCP when it was an oily name.
On the other hand, if we do get a strong NG pricing uptrend, WCP will see some torque. For all those holding, I hope this comes sooner rather than later. In the meantime, enjoy the dividend.
barneyj44 wrote: over the last few months, a real lagger on the way up and quick to sell off. Sure hope Grant has something positive to say come quarterlies. It's been a real dissapointment as dividend isn't keeping up to capital erosion... Are investors moving to more torquey names?