Post by
navajojoe on Jun 11, 2023 8:07pm
WTI below $70 again
Dividend still not being covered by free cash flow, according to GXE's presentation.
Comment by
Reachme on Jun 12, 2023 12:26am
I'm getting paid again this month while you are getting nothing....
Comment by
navajojoe on Jun 12, 2023 8:15am
$68.50 this morning, not good.
Comment by
lovehockey on Jun 12, 2023 10:18am
Great! That probably means I can buy more Gear when my dividends come! I am totally fine with such situation short term!
Comment by
navajojoe on Jun 12, 2023 10:38am
What if it isn't just "short term".
Comment by
lovehockey on Jun 12, 2023 10:44am
We would need an abundance of oil and my personal belief is that it is not happening.