Still $25 million overfunded even at $55 average WTISensitivities come straight from the presentation....
So even though they still have surplus funds at $55 average WTI for the year, lets assume a worst case scenario....lets say they decide to chop the dividend by 50%.....does anyone really care if they do that. It would put their yeild the same as WCP and ARX in that scenario, and free up $200 million. So where is the downside...even in a worst case and even if they cut 50%.. Why would the shorts think they could profit off that. In the mean time the shorts have to continue paying out .23c a month....Costing them a pile of money.