I'm not so sure. Everybody says they wont cut because ATLS needs the money. Well they already cut once from .19 to .10. So that argument is shot all to hell imho. I'm mentally preparing for cut to .025 and will be happy with anything over .04. With the ppu at 3.20 a .04 monthly distribution gives yield of 15%. Cant see why ARP would feel obligated to give out more than that regardless of how much they brought in. BTW, I'm holding a bunch of shares and waaaaaaaaaayyyyyyyyy under water.
1. No BK
2. Dist maintained, prolly a lower level
3. Well positioned, if oil/gas prices don't crater further.
4. Nice oil hedges, but that's been the case since last year and doesn't seem to have helped.
5. Unit price bottomed, finally.
My take may change after the call.