RE:TPH - Pembina Pipeline Maintains Buy Rating - Target $43 I would be happy enough for them to self-fund growth and de-lever. The dividend was attractive for me to buy in as it well cover the interest on my investment loan and then some, about 8x over.
But the next 30 years are going to be huge for oil companies transitioning.. I don't want to see them high-centre on debt or dividend obligations.
Just my opinion.