RE:RE:Based on oil prices at US $70 WTI...How about using the FCF in totality through to the end of 2nd Qtr. 2022 for Debt reduction. Strike that committment hard while the economic conditions and Oil Prices are in full advance, and get that Debt down to a pleasing ratio suitable to the Investment Houses and their Analysts, and The Bankers before there is a surge upward in interest costings, likely in 2022.. Propose a reward to those ShareHolders who hung-in thru the thick 'n thin with a Div Program possibly in 2nd Qtr 2022.
Surge needs to strike while the iron is hot, and reduce their Costings of Debt and the Interest that is entailed. Get that down and there will be more for dividends 12 months from now.