GREY:TBTEF - Post by User
Comment by
greenhawkon Dec 18, 2014 12:23pm
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Post# 23244811
RE:RE:RE:Updated Guidance
RE:RE:RE:Updated GuidanceLooks like they listened to Robry and left some in the ground. PWT did the same thing. This is smart fiscal management and only doable because of their hedge book.
See earlier post.
Leave it in the ground.
Not unhappy about the cut in dividend as long as they can get it back up on an oil price recovery and it could have been a lot worse.
Why are we talking about how great 12% dividend is? The majority are in at a much higher price point so most dividends are now actually less than 6% .
Cheers