Capital If you look back at q3 2019, Obe was only spending 69m on ytd capex. 2018 was quite low as well.
Those low capex s effect a company 3-5 years later. Some of the ability to focus more on shareholder returns isn't an option in 2022 and 2023 as Obe really did need to have decent sized capex to compensate for lower drilling in past. Some of your posters are not getting that.
if a company over throttles back on capex to try short term boost in stock price with a divvy it can catch up to a company if future production profile isn't right.
'Obe was only 25.5k boe a day company in q3 2019...that wasn't a sustainable path and 100m capex.
Obe is spending a lot on reclaimation in 2024 and all part of long game process