Post by
WINDGOD46 on Apr 28, 2022 11:05am
Sobering policies
Kudos to the company which decided not to give in to the emotions and the immediate gratification mentality pervasive in today's world. Management must make decisions based on fundamentals short and long term and does not have to follow the mood of the mob whose main aim is when to buy its next cadilac. Regardless of the market gyrations, management must not lose focus of its sound policies it has followed so far and secure a prosperous future of the company and its patient shareholders. Debt reduction, in the face of interest rate increases, should be top priority.
Comment by
whognu1 on Apr 28, 2022 11:09am
agree 100% mgmt + FCF + $85 + oil = higher prices just maybe not today...........added to position earlier today good luck
Comment by
jleer42 on Apr 28, 2022 1:29pm
They are sticking with their shareholder return plan, but they could have reiterated it. CVE raised expectations. If you remove the impairment reversal EPS is around $0.15 See where everything shakes out over the next week or so.