Q: Income investor… but never happy to see holdings drop in value.
More specifically about oil. It is $88 today. Some are saying could go to $60. Others are saying : “perhaps BUT winter is coming and prices could go higher than $140”.
1. What is 5i’s opinion on oil over the next year?
2. Can many of the energy companies ( like PXD, SU, DVN, KMI, …,) continue to pay the same “ juicy” dividends should oil hit $60 for a prolonged period of time?
Thank you.
More specifically about oil. It is $88 today. Some are saying could go to $60. Others are saying : “perhaps BUT winter is coming and prices could go higher than $140”.
1. What is 5i’s opinion on oil over the next year?
2. Can many of the energy companies ( like PXD, SU, DVN, KMI, …,) continue to pay the same “ juicy” dividends should oil hit $60 for a prolonged period of time?
Thank you.