RE:RE:RE:Debt RepaymentAre you asking me? If so.
I was a broker before and I sold mostly oil income trusts. 1990s. I have had ath shares since 2015.
I worked for a senior advisor who was a top oil and gas and yield expert.
It broke my heart when ABU Dhabi bought Prime West Energy in 2005 because the clients couldn't believe the yield they were getting before that. Harper 2006 remember. Here we are again.
ATH is my main stay.
I have held / do hold BTE and TVE, others at different times but I learned focused producers have the most torque. BTE may be a huge winner if you can wait two years.
TVE almost double ATH BPDE but a low performer the last few years. Because management chose not to focus.
That is why I like ATH. Focused.
I have worked in oil as well so I have seen a lot including peril. I am in the oil sector now for some time after my broker time.
I can see the pendulum has swung to the producer meaning the producer drills and gets paid versus the other part of oil which are under pressure I feel.
Expolration, New Drilling, Pipelines, Refining, Petrochemicals, etc. All struggling moreso.
I feel invest in what pays you every quarter. I don't want a time horizon past 90 days right now.
I hope we all make some life changing money.
Thanks,
ML