RE:RE:RE:CNQ raising their dividend. CPG What about US?God you remind me of me a few years back LOL
I too used to think that cccpg will do the right thing by shareholders once WTI price goes to a certain price. or when debt is controlled to a certain level. or when this and that happens.
get it through your head. cccpg will never do right by us shareholders. WTi can go to 200 tomorrow and cccpg management will only do their best to enrich themselves and their employees.
85$ WTI and what did that get us?
F all. have you ever thought why that is?
how is it that other companies with similar production and size seem to be able to do so much more with less?
the day government public works departments start handing money back to their funders after construction season ends is the day we will see some accountability from the crooks at cccpg
this GOD foresaken company is a make work project. a chairty. non profit. I am up on this pig but it is not enough for all the garbage I went through at the hands of these ducking pieces of trash.
good luck. I hope I am wrong LOL
geezer21 wrote:
I would rather have CPG paydown debt than increase a dividend.
More money for me if debt is paid down that is costing 6 to 9% for most producers. The more debt is paid down the more money going to capital expenditure to earn more especially in a time of rising oil prices or more to go to shareholder equity (money in the bank).
Silly to want another percent in dividends at the expense of continuing to carry debt costing 6 to 9 % or at the expense of not drilling another well that will earn over 100%.