GREY:TBTEF - Post by User
Comment by
Rocky7777on Aug 12, 2015 6:52pm
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Post# 24012983
RE:RE:RE:Excellent Q and debt reduction
RE:RE:RE:Excellent Q and debt reductionPapagallo wrote: In my humble opinion both the debt and equity will get an immediate lift and never return to these levels. The dividend was simply not sustainable at present. The debt will be reduced another $50 million by year end. I expect the s/p will move to .65 very soon and much higher with recovery in oil prices.