What do you expect unit price wise with a coverage ratio of only 0.67 times. Do not expect major price recovery until 2nd quarter results
"...Our coverage ratio for the quarter was 0.67 times, which for this short term is well below our target range of 1.1 to 1.2 times. However, we have planned for our coverage ratio to increase dramatically throughout the year, even before the benefit of accretive acquisitions. Based on our capital program and change in production mix with an emphasis on oil, we expect our distribution coverage ratio to increase to slightly below 1 times during the second quarter and to increase to our target range of 1.1 to 1.2 times in the fourth quarter..."
money, it is a good time to get in, reports from here will be improving, now is the time to accumulate imo, the turn is coming and there acquisitions they made 6 months ago were the catalyst, this is the sell off to buy as the weak are run out. and you know I have been absent for 2 yrs. This is first time I have seen since then that you have a chance for a year gain including distributions to make 25% on this stock since that time of exit. If I had more funds that weren't committed i would buy more. Maybe when my 2nd home auctions off if it is still this low.