I've never posted on here, but seeing multiple comparisons of an OIL PRODUCER to Poseidon an OIL SERVICE COMPANY is completely ridiculous. What happened to Poseidon cannot happen to Twin Butte, unless someone magically steals their producing wells from them.
And seriously people short term operational issues do not impact the long-term view of a company. I've never heard such non-sense. Cold weather in Lloydminster? That's expected and can be dealt with. They are being conservative reducing their guidance and trimming their capital program to MAINTAIN the dividend. Unless the oil price tanks (or the differential get's even worse again) their cashflow will not get any worse than what they announced, meaning they will not cut the dividend.