As we note in this month’s Portfolio Update, a steep decline in oil and gas prices since last spring wreaked havoc on exploration and production companies and those providing services to them.CE Portfolio Aggressive Holding Enerplus Corp. (TSX: ERF, NYSE: ERF) announced in late February that it would cut its… Read More

We have another six dividend cuts in the Oil & Gas segment to report this month, including three repeat offenders, Canadian Oil Sands Ltd., Lightstream Resources Ltd. and Parallel Energy Trust.Canadian Oil Sands (TSX: COS, OTC: COSWF) actually updated its dividend cut. Management had previously announced a 42.9% reduction to… Read More

Last month one Canadian E&P cut its dividend. This month payouts from 10 more E&Ps succumbed to lower oil prices. Read More

On December 3, Canadian Oil Sands Ltd. announced a 42.9% dividend cut effective with the payment scheduled for late February 2015. The company (TSX: COS, OTC: COSWF) doesn’t hedge, or sell its production forward to lock in cash flow, so it’s taking the drop in oil prices on the chin.Through… Read More

The drop in oil and gas prices is pushing some producers already dealing with other problems onto our Watch List.Canadian Oil Sands Ltd. has a trifecta of factors hurting its profitability.  Its 36.7% interest in the Syncrude project is a pure play on the oil sands, and because of this… Read More

One of the top two names on the Dividend Watch List is undergoing a strategic review. The other announced yet another dividend cut. Read More

Spyglass Resources Corp (TSX: SGL, OTC: SGLRF) will use cash saved via a dividend cut to pay down debt and support its capital program. Read More

It was another clean month for the How They Rate coverage universe from a dividend perspective, though we are adding one company to the Watch List. Another has done enough to earning its way off the List. Read More

There were no dividend cuts in the CE How They Rate Coverage universe last month. But we can report five dividend increases. Read More

Just Energy Group Inc (TSX: JE, NYSE: JE), which we sold from the Portfolio in June 2013, has announced its second dividend cut in the last 15 months as it tries to cope with a balance sheet bloated and stressed by ill-advised management attempts to drive growth. Read More