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.
Small-cap yielding 8%, sustainable in low $50s. Wouldn't be surprised if it dialed back capex, which makes the dividend even more sustainable. Almost a pure play to Clearwater, an exceptional resource. Owns in his income fund, on his list to add to the main fund. Inexpensive. Respected management.