Post by
Fuzman5902 on Apr 16, 2024 10:10am
Who let the Dog's Out
Oil doesn't need to move from here
Debt target should be reached in late May or early June, leaving up to 7 months of fcf.
4-500 Million towards share purchases with a .50 C a share special dividend late Q4?
Royalties of course be up & they will become taxable earlier, sometimes you have to take the bad with the good.
Regards Fuz
Comment by
ztransforms173 on Apr 16, 2024 10:29am
- given the MEG Energy ANTI-DIVIDEND BIAS, a $ 0.50 SPECIAL DIVIDEND is SIMPLY OUT OF THE QUESTION - BUYING BACK shares is MORE TAX EFFICIENT and MEG does NOT SEEK to ATTRACT RETIREMENT CROWD MONEY for the obvious reason that the oil and gas industry is RELATIVELY RISKY BUSINESS and VERY VOLATILE z173
Comment by
Fuzman5902 on Apr 16, 2024 12:16pm
Yes they are not aguing that point ..lol I suggested a special dividend as it wouldn't be baked into thier cost structure. I'm still here for the capital appreciation not dividendf income. Regards Fuz.