RE:RE:Really in Now the time to Pay 2% debtI agree as well, espceciallly after months of aggressive debt reduction that, by now, must have us very close to their Debt/CF targets. It's time to fill our boots with production volume that increases revenue, blows away targets and attracts mainstream investor interest.
Quintessential1 wrote: I agree. Increase production and decrease the debt ratio that way.
MyHoneyPot wrote:
When companies can pay off wells in 4 months and hedge condensate at 72 U.S. into Jan 2023, is this the time to be pusuing debt objectives?
You could have a policy that all new wells the production was hedged until payout?
You are going to have share holders expecting better returns?
ARC needs to fill you plants and maximize production, because the cost side of the equation is not important while you have wildly profitable margins.
It time for ARC management to step up, and put cash to work for the benifits of the share holders and not the BANKS that have been running these companies for so many years.
IMHO