Q: Hello,
I have owned a small position in Zargon since 2007. ZAR managed to survive the 2008 Financial Recession but I wonder about its future considering possible extended low oil prices.
I see it has relatively high debt to equity (71%), has some oil price hedging for the beginning of 2015 and payout ratio of FFO at or near 50%.
I am wondering what you think about its debt level?
I am wondering what you think about its dividend?
And lastly I am wondering what you think about their assets and their operations?
Thank you very much.
Regards
Stephane
I have owned a small position in Zargon since 2007. ZAR managed to survive the 2008 Financial Recession but I wonder about its future considering possible extended low oil prices.
I see it has relatively high debt to equity (71%), has some oil price hedging for the beginning of 2015 and payout ratio of FFO at or near 50%.
I am wondering what you think about its debt level?
I am wondering what you think about its dividend?
And lastly I am wondering what you think about their assets and their operations?
Thank you very much.
Regards
Stephane