RE:IF SU SELLS PC Gas Stations, ALL Proceeds Should Go To DEBT personally, i'm slightly tilted against selling the gas stations. SU shouldn't have money problem the way energy prices are heading. There are many benefits of keeping the gas stations. 1) real estate in prime location are appreciating assets 2) gas stations can be upgraded with charging stalls to maintain or add revenue on the energy transition 3) the charging station upgrade can be utilized as carbon credit score in future carbon credit game 4) PetroCanada (on canada side) is a brand name that the new buyer would never pay for as new logos would be deployed.
Eigen337 wrote: ...REDUCTION !!!???!!!
They 'should' be TARGETING a MINIMUM LONG-TERM DEBT BALANCE of ~ $ 4.5 billion !!!
They have ~ $ 3 billion in LONG-TERM LEASE LIABILITIES !!!
Throw-in a MINIMUM CASH BALANCE of ~ 2.5 billion and their TARGETED NET DEBT 'should' be about $ 5 BILLION !!!
Depending on the ACTUAL DISPOSITION, these targets will DRIVE ENORMOUS shareholder value APPRECIATION !!!
This is my opinion only.
Eigen337