Post by
Wildfury on Nov 02, 2021 7:31pm
BTE @ Crossroads
BTE has risen from nearly extinction from a year ago and is now poised to breakout hopefully to the next level. Fridays morning conference call should be ground breaking with possible Clearwater update and a rivised 5 year plan. I agree with some posters, get rid of debt first, buy back shares next then the divy shall be enormous, say 5-7% if not more. Let's hope that commodity prices stay high for at least a few years if they do look for $10-$15 within 24 months. Be patient because the party has just started.
Comment by
geezer21 on Nov 02, 2021 8:51pm
It is a mistake to want dividends that are yeilding 1 to 3 % when you can make more paying down debt in the region of 6 to 8%. The vast majority of oil stock shareholders are clamoring for dividends. Paying down debt nets more for shareholders.
Comment by
BayStreetWolfTO on Nov 02, 2021 9:31pm
Agreed 100% and the bears know it....get debt 1.0-1.2 and buybacks..