RE:RE:Return of Capital FrameworkWith all due respect,what makes you think theyre committed to paying down debt as fast as you say?If one uses your unrealistic numbers in the first 3 quarters ,then yes theres a problem.
But it doesn't work as fast as you think.Debt repayment can be neutral.Buying time.That extra time would be factors out of anyone's control(as in oil prices)..however at $80bbl TVE is still in good shape Besides this companys not stupid.To begin and actually increase a dividend suggests a future far brighter than you suggest.These companys plan for the future..not today.
Your entitled to your opinion,however to suggest bankruptcy in the time frame you stated is ridiculous.
I don't agree with that at all.