Post by
upupandaway7 on Mar 15, 2022 10:14am
Earnings reaction
Stock is getting punished for drop in oil prices with market as a whole but taking amplified losses due to earnings.
Anyone understand what part of earnings investors did not like?
Comment by
divime1 on Mar 15, 2022 10:24am
Earning were good . Many probably wanted a dividend this month but that announcement will come in May . At this time paying down debt is more important . " The company expects to be able to announce the timing and amount of its dividend reinstatement with its first quarter results on May 12, 2022.
Comment by
steve957 on Mar 16, 2022 9:59pm
i think it is because revenue was lower in q 4 then in q 3
Comment by
Re1ndeer2 on Mar 17, 2022 11:03am
Headlines don't match actual previous results...Increase are consistant....