Post by
MLEWICKIMBA on Mar 15, 2024 10:02am
Steady Eddy - undervalued in Q1 2024 right now by 0.52 cents
1. Diviidend --- Please to announce we are transferring you money again
2. Share buybacks -- We are buying back and will retire 30M shares this year minimum
3. Debt -- We will soon be SUB 900M and that is pretty good for a company with 10+ years of reserves and 2B in sales projected in 2024. By the way we got our costs down / break even to $37 USD WTI per barrel....
Oh by the way our CEO has put together a great team to deliver as seen in the last conference call.
Invest in real firms who care about their stakeholders -- Invest in Canadian Oil and Gas.
Comment by
Nothingmatters on Mar 15, 2024 1:54pm
I waiting for it to hit $5 $4.25 is a bit low. If they an increase in dividend then $6 is a possibility
Comment by
robert41 on Mar 15, 2024 3:14pm
If I'm correct I believe the 900 million debt and 30 million share bb is based on wti at 75wti. Should $80 wti oil hang in not to mention the tightening differential.....would they pay more debt buy more shares or increase the divi.. personally I would pay down the debt.
Comment by
dandu1924 on Mar 16, 2024 2:18pm
The market is more positive react with the debt reduced, just look ATH up up up and BTE the heavy debt is increasing and BTE down down or flat flat. So the market prefers the debt focusing and reducing low as soon as possible, this is the recipe.