RE:RE:16% yield seems to be about the extreme limit that I'veUsually crazy high yield means a cut is coming but I think Parex will be different. Parex is Cash Flowing like CRAZY. Not only is it paying the dividend, it's buying back shares like crazy.... all from cash flow.
What I expect is the company to cut back on the buybacks before cutting the dividend....IF they even need to do so......
The price of oil will determine what will happen.
But like I said before, back in 2020 when prices CRASHED, Parex still earned $0.71 per share that year.