RE:Better free funds flow yield on existing businessIt's ego and empire building. Fagherheim wants to be a big dog. Now he's bigger than CPG which was likely one of his goals.
He's using a different playbook than everyone else at the moment.
spacegimp wrote: 15% is not accretive, does not better the business but they do diversify into ng.
not sure how I feel about this as I thought they had 13 years of drilling locations currently with higher cash flow yields plus a lower decline rate
Hopefully not a case of money burning a hole in one's pocket but see if we get more color on the conference call