Post by
Konaboy on Mar 04, 2022 10:47am
Going ... Up?
Just eyeballing the Winter report (looks to be partially updated from January), forecasting no debt at end of 2022 with 90WTI. Obviously this is going to be greatly accelerated at current market levels, and will be for the foreseeable future. Barring more acquisitions, debt free by early Q3?
It's giving me 9% at my ACB with 6 cents/month. In 2010 through 2014 they were paying 14 cents a month with $80-100 WTI ... and they were smaller.
Oh boy.
Comment by
Franman184 on Mar 04, 2022 11:45am
All good news, Dividend payout still at the low end of the payout ratio. Company likes to pay between 60 and 80 percent of FCF. Even with the increase we are still at 60 percent payout base.