Post by
Margin321 on Dec 02, 2023 12:38pm
2nd Year of three year plan confirmed
Thye have bought in 18% of shares and are going to continue on this path.No dividend will likely be considered until this 3 year plan is completed. They are trying to grow prodcution and their own processing capacity, hoping to have new higher and sustainable Production as the LNG exporting capacity ramps up in next few years. hopefuilly boosting nat gas prices.
It is not a bas plan but out of sync with many of their peers who are having a more balanced approach with dividends as one component.
I plan on accumulating (no hurry) with hope that a dividend will be one component of the NEXT three year plan.