RE:RE:RE:RE:RE:RE:RE:Q4 is shaping up...."They have hit their debt target and they said clearly (In the confrence call) that they are not going to increase share buybacks from the current level, until the debt goes down futher. Less than 500 million, then they will review their return of capital strategy. No personal attack just a little metaphor to get my point across.
So buybacks and dividends continue at a 50% of EFCF rate until they hit $500 million net debt and then they review them to most likely raise the 50% EFCF rate. This is good information thanks.
Sounds like you had a good conversation with IR on the email. ;-)
GLTA
MyHoneyPot wrote: Well i had a good discussion with their IR guy, and these are windfall prices for natural gas that they can hedge into 2027, pretty good.
They have hit their debt target and they said clearly (In the confrence call) that they are not going to increase share buybacks from the current level, until the debt goes down futher. Less than 500 million, then they will review their return of capital strategy.
Please respect this forum, and you don't need to start personnel attacks on this VET chat forum, just because someone does not agree with you.
Respectfully
MHP
IMHO