A bit of a head scratcherThe share price is not performing to expectations. In fact, I believe it hit a 52 week low today.
It's mystefying that a stock that touts a dividend of over 5%, a P/E ratio of 4 to 6, little if any debt, along with decent projections can be going south.
I don't know of one publicly traded company with this kind of a profile.
I wonder if momentum investing has completely replaced value investing.
I also wonder if there is something under the radar that I don't see coming.
Do investors feel that oil and gas will disappear from the equation? I don't think so.