The incompetence continuesThe inept management - and yes, I believe current management to be an extenstion of previous management - has finally caved and done what shareholders had been begging for them to do: eliminate the dividend, drastically lower capex, and slash costs.
After years of touting their "plan" and refusing to listen to shareholders, they FINALLY listen to their demands. However, the market doesn't care about CPG anymore because it is a small-cap with a terrible reputation.
Unless all management and board members with ties to the corrupt Saxberg era are fired, this stock will continue lower, irrespective of where oil prices may be.