RE:Bad enough that WCS is $5 below breakevenone mil a month isnt a big deal. They can do that all this year but wont have to
ANy div change will tank this stock and if they do that then no one will touch them with a 100ft pole again and they know it.
navajojoe wrote: but their significant nat gas production is also priced very low.
According to GXE's presentation, it would appear that they are short at least a million bucks a month, so have to borrow that to cover the dividend.
The next monthly update will be interesting.