Oil as an income investment Interesting article here talking about increased investor interest in oil as an income investment. What's Interesting about that for me is the dividends are resulting from balance sheet repair. 2023 is going to bring further improved balancesheets and will result in increasing shareholder returns in the form of increased dividends. You can look to Bte's monthly presentations for forward looking fcf data. If we exit 2023 with a float count in the 450 range, a "meaningful" dividend should be implemented
https://oilprice.com/Energy/Crude-Oil/Income-Investors-Are-Returning-To-Oil-And-Gas-Stocks.html