LUPEY - Lundin: Superb Asset Base Means A Tenable Dividend
With the oil crash revealing the weakness of high breakeven price businesses with the near collapse of shale oil production, the key question for investors in upstream oil is which companies can sustain a commodity downturn, whether politically spurred or otherwise. With compressed prices in oil stocks still allowing for strong dividend yields in the sector, we searched and, eventually, found a potentially interesting Swedish company focused almost entirely on the Norwegian Continental Shelf (NCS) called Lundin Energy (LNDNF). Although small, we think that it is a robust company that investors might consider