Post by
Gringotts on Mar 24, 2023 12:22pm
Nuttall
CJ dividend sustainable at $55 - $58 oil. :)
Comment by
lashing on Mar 24, 2023 3:28pm
you are totally misquoting him
Comment by
lashing on Mar 24, 2023 8:40pm
totally misquoting and omiting all his qualifying ramble around dividend statement.
Comment by
Billybabin61 on Mar 25, 2023 9:44am
Question is at $55 oil do you still want to be in?
Comment by
Quintessential1 on Mar 25, 2023 1:26pm
If it is still paying $.72 per year? Probably. Also EN said he expects oil to go to $90-100 WTI and he is not the only one...what happens then? GLTA
Comment by
egee on Mar 25, 2023 2:48pm
Divys remain any meaningful reduced/eliminate periodic/1/4'ly dividends (that would be my wish) Question? Based on the amount of limited o/s shares would it be prudent to do buybacks? seems senior mgmt prefers insider purchases, since they own a lot now. Privatization - aquistion - sell company- stay the course -
Comment by
egee on Mar 25, 2023 9:48pm
My musing was IF OR WHEN surplus monies are available, what would managements direction be. I would prefer a combo of special and buyback
Comment by
t898an on Mar 26, 2023 1:29am
This post has been removed in accordance with Community Policy
Comment by
ramblersrest on Mar 26, 2023 9:45pm
Divs are based on $45 > $50 WTI ...It is doubtful WTI would get that low as OPEC has the ability and policy to keep it higher ...If WTI goes over $90 we should expect CJ to revise the DIV based on a base WTI of $55>$60 ....Buy backs should also increase with higher WTI base ..