oil hovering in mid 40's. The more folks say to hold off investing in oil, the more I am buying. They want our shares cheaply. They are not afraid, they are buying and not putting the shares on the market to support stock price because they are still buying. Remember buy low sell high .JMHO I'll collect distributions and buy more and wait for oil to rise and it will.
Still reason to add to position if you want income or are an investor IMO.
I wonder who they will buy? SD sure is low hanging fruit. Too much debt for them. Others are really beat up -75 % off. Now is the time and management is very smart.
buy low and sell high. No one is listening to the folks trying to drive oil down farther. Witness the price of oil today with Goldman's call for $40.00-oil has gone higher. Also, refineries being bombed in middle east. Do you really think things will get better in M. East? Israel will protect herself. Oil is a safe a bet.
this company has been in business for over 100 years. One of the best! Look at the distribution raises-just like a clock. Go ahead I will take your shares!
no problem holding this quality stock during downturn. This will not last as you can see with the slight strength inEuro. Just wait till supply dwindles this May (rigs down) and you will see. Of course there is always the variance around distribution.
that is getting ready for their 2 1/2 % dividend. But I have seen this shake out several times over the years right before dividend and then it builds the last two weeks before the dividend. For those new investors, shake outs are better know as buying opportunities..
And may be will be renegotiated. Earnings will be firm.
You can find that info under Yahoo info. However, I have always seen that they raise every quarter. Also, this company has been in around for 100 years plus. They have been through a few oil booms and busts.
Yep this is the kind of thing you see when someone really wants to get YOUR shares cheaply. I' m not selling when I have about 32 points already in the bag from 2 years ago and this stock will go to the moon if we get to actually start competing on the world stage for all our oil and gas. JMHO someone wants the distribution coming soon.