RE:Sometimes we overlook theAnd yet investors dont seem to care .I'm here to make money on capital appreciation of our shares . I'm not here for the dividends or buybacks or special dividends . I'm here because these companies are worth double or triple what theyre trading for and yet here we are. If these were tech companies at their height WCP would be a $ 100 stock today. Stupid money, stupid lemmings chasing other lemmings. That has been our stock market for years now. I never heard a cannabis company " printing money from FCF " or many tech companies " giving unprecedented returns to shareholders" and look at the multiples they were selling at.
Davesnothere wrote: historical context of today's Canadian E&P sector. Particularly, we don't often mention the magnitude of the pivot by E&P companies away from searching for more oil fields to giving almost all the new cash earnings back to shareholders. This is not cyclical. The scale of FFF returning to shareholders is unprecedented. It does not matter who you listen to, they have never seen this in their lifetimes. These are epic times for Canadian Oil&Gas shareholders. " Uncharted " as Grant F. said.