Post by
Sirlostalot on Mar 08, 2022 12:18pm
Hope they pay down debt
I like dividends as much as anyone but would like to see them take adavantage of this sad situation and pay off the debt, I'm always wary of " this time is different" , a lean mean company that can pay a 10 percent dividend at 60 wti is very appealing..
Comment by
Oasisjunior on Mar 08, 2022 12:45pm
They management have been very clear on debt repayment before any special divy or divy increase.... I agree with the plan ,,, as money evaporates due to the high cost of everything a divy would increase my cash flow but at a cost later so I will just hurry up and wait ...
Comment by
CanadianKia on Mar 08, 2022 3:33pm
These are the times you pay off debt so that during tough times you can borrow. Any intellegent oil company would take the massive profits and: Pay off debt Once debt is gone, if still in the gravy, buyback as much shares as possible. that brings massive value back for shareholders. IMHO