Post by
EnergyWatcher55 on Mar 08, 2021 1:55pm
Thinking guidance- higher capex, production, hedges & divids
With higher than expected prices in oil and gas, thinking the future guidance will be higher capex and higher production with an increase in hedging. All translate to higher FCF.
Debt reduction is probably to be priority but it would be interesting to see of VET mgmt will give any hint of the return of dividends (modest ones) which could be a catalyst for this stock.
We will see. Good luck to all.
Comment by
Moemoney42 on Mar 08, 2021 2:06pm
I agree EW55... even a small divi. would enable the dividend funds to buy in as thats the only cryteria for their funds to invest in a certain company.. no divi.. no investy..!! ;-)