This looks like a good buy-and-hold stockI especially like the monthly distribution (dividend).I made good money on PDS, sounds like this may in the same spaceDISCLOSURE: I would not be buying more than 100 shares to startComments?
Good price to be getting in at!The US dollar is up against the loon..so maybe the dividend will change..but not to worry..it is secure in that it comes into your account every month...at least .15/./.last time more..
They just increased their dividend last month. I've been it it for 5 years and enjoying the monthly return.
I'd wait for all the short oil players to finish castrating all the long oil players, but after that, it's got decent reserves, an excellent, well-supported dividend, and management's not bad.
I am waiting for $90-100 oil, at which time BTE should be about $24-25. THEN I'm back in, after selling recently at $29.75. Geat stock!!