Post by
downwithdotcom1 on Apr 25, 2023 2:18pm
another SCAM sell-off ...
...but on the day BEFORE Q1 results??? this was over $31, now its $23 ish...AND THIS IS A HEAVY OIL PRODUCER-the continued buying of more assets, operational issues and this sudden warning of a $1+ bill tax bill have pushed the promise of 100% FCF payouts to what the 3rd/4th quarter??? Some commentary is also warning that refining margins could be worse then concensus...all in all, not sitting well with the market-one hope is that they jack up the base divi..find out tomorrow...dwdc
Comment by
Lawisfun on Apr 25, 2023 4:47pm
Q3/Q4!!?? 100% FCF payouts is now Q1 2024 at the earliest....