With the rise in interest rates from about 1 to 2 percent, most income and divy payers have dropped quite a lot. Really quite amazing since 2 still isn't worth switching from stocks to treasuries but whatever floats peoples boats.
PBT is in the middle of a rising payout even if oil stayed in the 80s. Now with the over $100 a barrel situation, even if short lived, the payout will soon begin rising at a great clip. Vinnie, the market often gives you opportunities that are out there for the taking. This price for PBT at this time is that opportunity.