With the large reliable dividend you are being paid to hold long-term. Of course it all depends on how large the dividend is.
This may be because they always say they need (and then eventually get) government approval to pay the dividend they plan. Another reason is their income varies markedly from one quarter to the next, but not much one year to the next. Cutting the dividend to match quarterly income will of course ruin the stock price.
Once BKD rises substantially Zacks will raise their rating. Their ratings primarily look back(wards).
I expect they did not respond or said they could not respond or will respond later with a press release. Meanwhile there is no news. I need some INPUT about my CAPITAL.
Followup news is needed from the company. They posted nothing on their investor website since the bad news. No news is not good news. Hey, Input Capital, I need some INPUT about MY CAPITAL.
Tax loss selling. It happens every December to stocks that have fallen during the year. On top of this hedge funds and mutual funds sell their losers so they are not on list of holdings at the end of the year. This is the time to hold your nose and buy.
So far as I can tell, they are making free cash even at current oil prices, and the amount of free cash flow looks like more than enough to pay interest on their debt. However, their bank just cut the amount of loan (the principal) they are willing to make to a level below the present amount of loan. Argent doesn't have enough free cash to pay down the principal of the loan to meet the bank's demands. If Argent can quickly sell some of their property for 1/4 of book value or more, they should be able to stay in business. Otherwise not. This is my interpretation on the basis of information I have seen (which might be incomplete), and I am not a financial analyst or advisor.
A newsletter I subscribe to had recommended this stock among half a dozen other stocks. All the stocks had stories about future growth and inventiveness but little or no profits. All lost money since his recommendation, some severely (e.g., Castlight). This week the newsletter said the market now dislikes story stocks and wants only real profits, and they said to sell all the stocks they had recommended including this one. The newsletter has nothing to recommend it so I will not mention it again.