RE:RE:RE:RE:A special dividend???Their forecast is based on $45 $55 and $65 WTI for 2021. At $45 the div remains in tact. I assume 2022 will be higher. 50% of excess FCF will be returned to Shareholders through div and NCIB. I expect another doubling of the div which is still a joke, hence why I think we'll see a special div as do many analysts. It gives them flexibility to return FCF to Shareholders without getting caught if WTI falls.
Oasisjunior wrote: I'm putting this out there,,, correct me if I'm wrong but I am under the impression that all their calculations of debt repayment and re investment,(share buy back) all these have been calculated using a formula of $75.00 oil. At the $92.00 bench mark this should excellerate their debt repayment, share buy back..... Q1 should have remarkable numbers if Oil holds it's price...