contrarian bull Friday, 01/12/18 01:54:23 PM Re: contrarian bull post# 132 Post # of 139 Ok - this has gone up a little since I bought it in August. From what I can read their dividend is mostly based on the WTI price minus fairly fixed expenses/taxes/etc of around $35. So at a WTI price of 50 they make $15/bbl. At $60 they make $25. I assume this is the reason for the increase - and the dividend increase announced this week. I see production has recently dipped below 90,000bbl/day. I assume this is partly due to less aggressive pumping at the lower price, and partly due to depletion of the fields. Does anyone have any references on the long-term (5-10 year)outlook for production? I'm trying to decide whether to enjoy the dividends, or take the capital gains and run.