RE:RE:$3 before $5They are at 1.6 billion and it's going to take at least a year. Even so, 1 billion by next June is still 1 billion amateur! They can't and won't do anything with buybacks or dividends until it's under 500 million. At least two years for that and the five year plan is for a billion paid off at 200 million per year or about $69 oil. Oil is $83 now but that doesn't mean it will average $80 plus the next two years. We click easily slide back to $70 oil here or $65 oil and it's back to the 5 year plan that only projects 200 million a year in debt paid off. The oil price is nice now but will it last?
You very well should care about the stock price because that is the only fundamental that matters.