RE:If you can't have a decent dividend @74.00 wtiThe company has said that they wanted to achieve a 1:1 FCF vs debt ratio before increasing the dividend. With $74 oil, if it holds, that should theoretically happen this year. I had estimated that to happen in in Q1 or Q2 next back when oil prices were lower. The recent rapid increases in the price of oil have really altered the landscape.
soundandfury wrote: When can you have a decent dividend?