Post by
retiredengexec on Dec 02, 2020 3:43pm
With any Kind of Positive OPEC+ News
We could blow well past 6. That said they are Opec. Buckle up.
Comment by
regardless on Dec 02, 2020 8:47pm
Retired wnwrgy exec what do you figure we could see what price wise tomorrow with an opec agreement ?
Comment by
retiredengexec on Dec 03, 2020 11:24am
A buck or two with a rise to 55 by the end if next year. The deal would prevent drops. Probability 60 to 70 percent of occurence
Comment by
Robertboblaw on Dec 06, 2020 1:36pm
They didn't actually pay down debt to be fair. They just used their bank line to early redeem most of the 2023 notes.
Comment by
regardless on Dec 06, 2020 6:30pm
Fair enough but that is a prudent move though! they save three years running interest and that's how a well run company operates
Comment by
Robertboblaw on Dec 06, 2020 10:09pm
Yeah fair enough regardless. They probably save 1 to 1.5% interest per year on that debt they moved.
Comment by
retiredengexec on Dec 06, 2020 7:24pm
Regardless. Hey bro I really hope you are right.