RE:RE:RE:RE:RE:RE:RE:RE:Share buybacks JuneBig debt and net losses for years on end was the knock against Amazon and Besos if you remember from a decade and more ago. Yet the sp kept on rising, exploding upwards because top line revenue wss shooting up year after year.
Anyway a few months ago a poster (I forget who) said that he/she was going to give bte some time to figure out the Eagle Ford. The remark sounded sensible to me and the poster sounded like he/she was involved in the oil patch in some way and knew that you can screw up an entire oil field (look at Venezuela with 15,000 wells now sanded and/or water coned off) by doing the wrong things just as easily as getting 150,000 bbl/day out of the same field by doing the right things.
For me, if I see a continued reliable trajectory of increasing production and decreasing break even costs then I bet that they'll get a much larger return and top line growth than they'll save in interest costs by paying down debt. Time will tell.