RE:RE:RE:Review of RISKS to PREFERREDS.... Basically 3 RisksPreferreds are basically debt. As long as HSE does not go bankrupt it's dividend is not determined by company performance, it's determined by interest rates mostly.
So, like I said, I believe the risks to the Preferreds are: Bankruptcy, Going Private, Interest Rates.
Would getting ~8% yield forever sound good to you? If yes, then ask yourself the RISK related to those 3 areas. Then decide is the 8% yield and future yields worth the RISK.
Anyways, all just my opinion....
If oil stays in the low $40's and $30's for the forseeable furture, then the chance of bankruptcy becomes greater, in my opinion. Most of HSE debt matures far in the future.
I'm hoping HSE refinances more debt at lower rates before interest rates go back up.
cvk_explores wrote: With most of the world capital moving away from fossil fuel's and into renewables. Will we see this moving much over $6 -$7 in the future? I'm concerned how this will affect long term share price.