Stock price when the opinion was issued
Company's done nothing wrong, excellent balance sheet. Hard-pressed to find an oil company stock chart that's up while oil is down. Still believes in the great strides it's making. Yield is ~7%, fully defendable down to ~$53/barrel. Total return will be fine, even if oil price is not doing too well.
Our PAST TOP PICK with HWX is progressing well. To remain disciplined, we recommend trailing up the stop (from $4.75) to $6.25 at this time.