if you follow their releases, they had a terrific qtr 1.44x coverage ratio. i am sure will move to 1.2 over time, but they are very nicely hedged for the next 3-4 yrs. it seems like a steal and something just tuck away and people will discover the stock.
i do remember vividly LINE, no one liked, it was $22 and 12% yield and had their next 5 yrs hedged out on oil and gas. it took awhile and now everyone loves it.
Hi. I see the stock is back to 11% dividend again. Volume is always low when you see these minor drops. I will buy more shares below 17.30 tomorrow. Have you listened to the conference call on their website? It is actually very good and covers a lot of ground in a short time. Makes you feel quite comfortable. Staying long.
Thanks for the response! I know and have known for a long time, I am over weighted in energy, about 80% of my portfolio. But in total I am up 78% ytd from last sept. Includes dividends.looks like I am greedy , plus 117% for last 2 yrs for Same