Ron's portfolio in retirement

[fenders53]

(07-15-2022, 01:01 PM)rnsmth Wrote:

(07-10-2022, 08:22 AM)fenders53 Wrote: I think we will probably get another special soon.  This may be peak earnings quarter but even if they fall back they will still be incredibly profitable.  They may buyback shares or accelerate debt repayment as well.  None of these are bad options.  I am just guessing they won't raise the base dividend a lot because it could be problematic years from now.

I think you could be right, though the CEO seems to be holding off on buy backs unless the share price goes down significantly more

I do expect a good increase in the regular dividend.

Does not seem to me, from looking at the data, that they have a lot of debt to repay

I own more EOG than I should by port %.  Of course I hope they keep paying us special divs.  I think they will.  This quarter is very likely peak earnings for this year.  The $200 oil spot price hope is dead this year, but the well run oil companies never needed that anyway.