Post by
mnztr on Mar 05, 2021 5:08pm
will they reinstate some divvy on monday?
It would be great to add 5 cents a share or so.
Comment by
madrock on Mar 05, 2021 6:48pm
2nd quarter. Hold your shares its coming
Comment by
Dumpinvestor on Mar 06, 2021 2:12pm
I think it is better paying down debt.. then pay div later
Comment by
downtozero on Mar 06, 2021 2:56pm
No divy till 2022. They need to get debt under control first. Market would not like it if they didn't. Don't forget the oil price just went up. The 2021 average WTI to date is still much less than $60 USD. I'm okay with no divy so long as the share price keeps climbing.
Comment by
sportstermathew on Mar 06, 2021 3:45pm
Exactly, even 2c a month is a lot of money that could go towards debt. The value of stock going up would dwarf any payments at all. $10 in price is far better than 24 cents a year, or 5c at 60c a year, peanuts Charlie Brown. Next will be growth in drilling CAPEX I think even small amounts could go a long way if feasible.
Comment by
stockmarket1 on Mar 06, 2021 6:28pm
Couldn't agree more . Divy was cut less than 1 year ago. Zero chance of it returning in 2021. WtI and Brent continuing its upward trend throughout 2021, then maybe by mid 2022 we might be a very small divy introduction. Even then it's a maybe.
Comment by
gribbs2 on Mar 07, 2021 7:58am
screw the divvy, get the share price back over $20 first
Comment by
Dumpinvestor on Mar 07, 2021 8:46am
Natural gas and wti prices improved big time. Reduce debt, no div... increasing profit, the share price get back above $20 is very feasible