RE:Also cpg is unable to pay shareholders a dividendI'd respond to this by being a parrot for Eric Nuttall: with $60 oil, the company could pay off all its debt and buyback all outstanding shares in under 5 years. There is no crisis that's big enough to stop this company from moving forward and the management is working so hard to fix the balance sheet that it annoys many of the shareholders who want more than a token dividend.
soundandfury wrote: Due to its highly stressed balance sheet......this might never be fixed over the medium term......so best to sell your cpg and buy a better oil company like exxonn