|TOP PICK||$33.270||DEFENSIVE||OIL & GAS||Yes|
Thinks they will be increasing their 1.6% dividend in the next couple of months by about 50%. Would generate about $2 billion of free cash flow this year while growing production by 10%. Cheapest integrated name globally trading at about 5.5X cash flow with a 30 year reserve life. Protected from 2013 heavy oil differentials.
Portfolio Manager, Sprott Assett Management
I have been a long time holder of this stock and will continue
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