I haven't gone in depth to research this company; however, with a forward PE ratio of 63.6 (per Yahoo Finance) the payout ratio goes to 3.13. I think there is a danger of a dividend cut.
That is not to say that this stock may not be a good deal in the future; however, I think there is going to be further pain before the oil market recovers.
That is not to say that this stock may not be a good deal in the future; however, I think there is going to be further pain before the oil market recovers.