Q: Whitecap has crept up to 5.5% position in my portfolio and is now my 3rd biggest position. This is in part due to the combing with Veren.
I believe they have a good management team and balance sheet is fairly decent.
The dividend is quite nice as well.
If I think there is room to move is it too risky letting this run to 7% or is it time to rebalance and take a bit off the table.
If you can't give personal advice;)
Hypothetically if you had a 5.5% position in WCP would you let it run and monitor or trim it up a bit;)
Thanks, Colin.
I believe they have a good management team and balance sheet is fairly decent.
The dividend is quite nice as well.
If I think there is room to move is it too risky letting this run to 7% or is it time to rebalance and take a bit off the table.
If you can't give personal advice;)
Hypothetically if you had a 5.5% position in WCP would you let it run and monitor or trim it up a bit;)
Thanks, Colin.
5i Research Answer:
The sector of course is more volatile than most and thus we would tend to have lower weightings...