OTCPK:MROMF - Post by User
Post by
ProHawk85on Nov 28, 2024 9:07am
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Post# 36335348
Why MRO’s Debt Levels Are a Hidden Strength
Why MRO’s Debt Levels Are a Hidden StrengthNot all debt is bad, folks. MRO’s been chipping away at their leverage, and it’s showing in their free cash flow numbers. For an E&P company, their balance sheet is rock-solid compared to peers. Less debt means more flexibility when oil prices do their usual rollercoaster. I’m bullish as long as they keep that debt-to-equity ratio low. Also, been eyeing BOLT; hearing it might skyrocket. Are you watching debt metrics, or is it all about oil prices for you?