CPG is my favourite oil & gas stock for the following reasons:
Management has consistently delivered as promised or better. The acquisitions, operations, hedging policy, etc. all point to astute management.
Monthly distribution maintained at $0.23 / month as promised (same as before coverting to a corporation from the trust structure) providing a significantly greater net yield in taxable accounts. I know of no other oil & gas company paying as great a dividend.
Has grown production, reserves and prime land holdings at a rapid rate.
Will likely continue to grow as a corporation. It owns about 20% of Shelter Bay and I suspect will combine it with CPG. Shelter Bay also has a position in Painted Pony (another Bakken operator), so that also is a potential candidate for consolidation.
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