OTCPK:FRTX - Post by User
Comment by
kurt73on Aug 14, 2022 7:57pm
369 Views
Post# 34895545
RE:RE:RE:earnings
RE:RE:RE:earningsIf your a long term investor who beleives in the long term for energy outlook as I do. Being able to buy back shares at under 2X EBITDA makes some sense and why companies want to focus on buy backs.
If we get back to historical 5X plus EBITDA then divys probably better.
With pipe likely looking at a buyout we may never get to divys.