GREY:WFREF - Post by User
Post by
canneon Sep 08, 2014 11:41am
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Post# 22915691
stock vs oil
stock vs oilsince June oil has dropped about $13 a barrel and LRE has dropped by about 10%, so in fact LRE is holding its own as commodities have taken a hit. The hedging program should be smoothing out the cash flow to the degree that they are hedged (about 50% I think) The dividend has kept investors like me in this stock and I have recently added a bit to my position. I also own BXE but that one has been a real rocky ride as it is trading off by 32% from its highs. Bellatrix does not pay any dividend and this is a good example of giving up income for growth - you are going to get some pretty wild volitility. For the short term at least, LRE has been the better investment...