RE:RE:RE:OutI bought Suncor much too early ($27) using the same logic. I still have Arx though for potential nat gas upside.
Jackadams wrote: With Suncor and CNQ now paying 9%+ I just cannot see people choosing ARX short-term for 7% dividend over these names, which both have little risk of cutting. Even IMO is paying 5.5%. So I rolled into the bigger names that are down 40-60%+ and revisit ARX once this rebalances and this wave is over.