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Re: 6pack2go post# 302

Tuesday, 02/02/2016 8:27:32 AM

Tuesday, February 02, 2016 8:27:32 AM

Post# of 4800
If OPEC and the Russians could work out a production ceiling that would keep the supply in check, I would feel better about the divy surviving. It doesn't appear that the two can come to any agreement so the current cash distribution could wind up being supplanted with units or just completely done away with. Hard to tell at this point. I'm sure the money that was going towards the common units divy is now being funneled to the preferred and, I hope, towards some debt. I have been staying away from some others paying a divy because when they stop or suspend them the pps will tank. This is the reason I jumped into BBEP after the fact. I just jumped a little to soon.

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