Note: I like to have one part of my portfolio allocated to high dividend preferred or common stocks, so that I have a regular income that I can reinvest where I find appropriate in that moment. The following investment belongs to this category. Please note that this does not pretend to be a deep analysis of the company.
Introduction
These are not good times for E&P investors, as the oil and gas sector has traded down to multiyear lows and has significantly underperformed the broader equity market. However, hated sectors usually provide really good investing