All current crude production is hedged for the next 4 years. All nat gas is hedged for the next 5 years.
This is a pretty secure stock for secure dividends for the next 4-5 years.
I've put a big chunk in my IRA, great income.
I've bought a nice chunk too. Relatively safe (i know that's vague) 7.5% return is very sweet no matter the tax implication. People who can take a further tax advantage in an IRA should do so.
Thanks LNCO! I'm starting to sound like a shill !!