On paper this company is losing money but the reality is the losses are due to write down of the value of the company hedges of their oil production at about $70 - $75 a barrel. With oil around $95 that makes for a significant paper loss, but cost of production is way below the selling price. The hedges provide guarenteed cash flow. When the stock price fell below $20 a share that ment a unit holder would get better 12% dividend.100% of the 2008 dividend is projected to be classified as a return of capital (non-taxable until unit is sold)-- Mark --
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