RE: this one has performed like real...hey, terr. you really tihnk a divy cut is in store? The payout ratio, as of Q3 is below what it was last year at Q3. Cutting the divy rate from 7 to 5 isn't really going to be saving alot of money to fund production growth, either.
I guess a cut is always a possibility but if they cant make it work with oil at $95 when else are they gonna make it work, assuming that nat gas is going to remain low for the foreseeable future.
In my opinion, I dont foresee a divy cut coming, if oil remains above $80 but I'm also not gonna add to my position, other than through the drip until I see the Q4 numbers or get management's guidance in January.
good luck