Rezo

Why I Doubled My Position in Husky Energy

Sort of hard for them to hold up their dividends considering most of the Canroys are long-term growth plays. With Capital access being tough in a market like these, low-oil prices (considering the project economics for oil sands are north of $80/bbl in most cases), and with the regulation coming up in 2012, seems hard to believe these stocks will hold up such high dividend yields. As attractive as these stocks are, I am curious to see what 3Q'08 earnings look like before I make a move.