Post by
Moremoney4u on Nov 06, 2022 5:08am
ATH WILL HAVE EPS, FCF, STELLAR RESULTS
Yes, debt to be repaid, EPS, production, all looking very positive. ERIC holds a TON of stock, very reassuring. Target price of 5.50 $$$$ range. NICE. The new year will bring a DIVIDEND, with buybacks. MGMT. is reducing their hedging program, as the price of OIL moves up , more funds will be generated. The volume has been increasing every week, FUND MGRS., are loading up, as are all the oil companies, TVE, HWX. BTE. MEG,ETC. moving up. Resistance at 3.00 but its going through that this week. LOAD UP THE TRUCK.
Comment by
MLEWICKIMBA on Nov 06, 2022 5:48am
They pretty clearly state buybacks versus dividends. But maybe both. I would prefer buybacks and debt elimination as that will kill two birds with one stone 50M shares redemption and 75M more in debt reduction, plus 450M CAD on hand 2023 EOY and this will be a $7.00 share Think about that....