RE:RE:RE:Another Conspiracy Theory Bites The Dust.Yes and I get that which makes paying down debt, no matter how little, is the easiest and most financially responsible thing they can do moving forward.
It seems the EIA has changed their minds again and forecasted a Brent average of $87 per barrel for 2024 and $85 for 2025. Slightly higher WTI than the current pricing might provide a little more wiggle room.
https://oilprice.com/Latest-Energy-News/World-News/EIA-Raises-Crude-Oil-Price-Outlook.html GLTY and all
Roscoe747 wrote: A realistic comprehension of the soothing words in the FS will lead to the conclusion that, without higher prices, GXE will have difficulty meeting capex and dividend guidance, never mind buybacks. If the stars align, higher prices, ie: the annual average price will allow GXE some wiggle room for discretionary spending. The BoD will determine what form that will take.