Post by
Owlseye1 on Feb 02, 2022 7:00pm
Nice beat even with production problems!!
Really good numbers no need for divi increases buy back shares like crazy n pay down debt. Nice job! This should open much higher tomorrow with this stellar quarter.Good luck to all longs.
Comment by
mrbb on Feb 02, 2022 7:44pm
Same here. With pending ESG pressure, it's better for oil/gas company to strengthen its balance sheet first than short term share price appreciation. Dividend bump only benefits share price, not balance sheet. If oil price remain strong for years to come, there's plenty of time to bump dividend. D
Comment by
Mirko22 on Feb 02, 2022 8:49pm
Nice beat. No need to div increase. stay the course. Share buy back and pay down debt.
Comment by
mrbb on Feb 02, 2022 11:39pm
yup, buying back undervalued shares early on like what we are doing now is alot better than jacking share price up with dividend bump and then do buy back at higher price later.