>>21418417Been buying and selling it a bit these past couple of years, still holding a small position.
It's a messy situation, CFO leaving never exactly instills confidence.
Overall a pretty well-run e&p that takes consistent shareholder returns seriously(especially for being in South America) but their luck ran out with recent exploration efforts. Feel like most of the downside of their exploration failures has been factored in, could still fall further. If you're uncomfortable with risk something like
MEG.TO,
VRN.TO or
CNQ.TO might be better
