Post by
Tomsson on Jan 28, 2022 2:03pm
Why Nuttall sold out ath
He did say on BNN that part of the ath refinancing ath had to lock in its hedges. NUTTALL is all about the money and cash flow. HE CAN ALREADY SEE ATH earnings roughly based on lower priced hedges. He did leave the window open to buy at lower prices in the future. But that's an "if".
Comment by
elducky on Jan 28, 2022 2:08pm
He'll be back in a few months if not weeks. The churn on his portfolio is really high.
Comment by
Mackthenife on Jan 28, 2022 2:12pm
What an opportunity for management to stick it to EN. Do more than paydown debt with 3/4 of FCF from Q4and Q1. You have lots of cash, so commit 100% of FCF to debt unless some really good reason tells you otherwise. Or take the 25% that is left and pay out a dividend. Quit sitting on buckets of cask with $80+ oil
Comment by
arizonabound on Jan 28, 2022 3:55pm
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