A very small cap stock under $10M with debt over $50M. 66% of their production is liquids; the rest is nat. gas. They'll likely cut back production, but if they can keep production flat and free up some cash flow to pay the debt, they may get supports from their lenders. They'll be a long-term viable player. A good operator.

Dividend safe? They halved the dividend and cut it further recently. It was a very long-standing dividend payer, but slashed capex because of their balance sheet. The current dividend is safe. He likes VET and has been adding to his position in the past week. VET has been shafted hard, unfairly. He likes the geographic diversity of their assets.

Has a decent balance sheet with good cash flow. The dividend is safe, but they have cut back their budget over 30%. They will stop oil shipments by rail because of high costs and low oil prices. They were the first to batten down the hatches, but after we endure the oil and virus crises, CVE will survive. If low prices continue, they could cut costs further.

Debt to cash flow is under 2x last year. Natural gas prices are holding well. It now pays a 17% dividend that their cash flow can sustain. He's been adding to his position. There's a huge disconnect between this stock price and its fundamentals. No reality, just fear. The balance sheet is fine and the stock is very cheap.

The trophy name in Canada, the largest nat. gas producer. Their production of liquids is rising. They pay a 7.1% dividend yield. It's trading at its lowest valuation level ever. Great managers over the decades. They're generating free cash flow from their contracted gas, and with US revenues higher given the weaker Canadian dollar. He's been buying more shares recently.

It's his oil play. It's trading at half its cash flow. They announced a spending cut and halved their dividend recently. They are paying down debt, but still serving that dividend. He's been adding to his position recently. This will definitely survive.