I know there are several energy bugs hanging around here; could anyone tell me what's the deal on WHZ?
It's paying 20% yield, but share price is declining steadily since it debuted earlier this year, and cratered right after the last ex-div and hasn't come close to arbitraging back up to the price of oil.
I can't find anything concrete on why it's being treated like a red-headed oil company.
No hurry. Next div announcement isn't due until February 9. But that discount to the price of oil is a blinking Buy signal absent any rationale.