RE:RE:Let's Reviewdjb
If CPG was hoarding cash during 90$ there would have been some uproar but not a whole lot I can tell you as the company would have been valued based on all assests ( free cash included)
Also I need to correct your sentence when you say " everyone in the oil patch has too much debt " , No , djb some companies were actually smart and not only cut costs immediately when oil prices began crashing but did assest sales with oil in the 60-70$ long while back.
SGY is one great example of the above ( low debt , had the ability to slightly raise their dividend because of it sometime earlier this year & keep total payout ratio under 100%).