04-14-2022, 10:29 AM
Yet another small build for today's EIA natural gas report, sending nat gas prices to fresh 13-year highs of $7.20.
LINK
If EOG is basing their 60% direct after-tax rate of return on $40 oil and $2.50 gas prices, what do you think those returns are with $100 oil and $7.00 natural gas?
Have a feeling there will be some nice bonus dividends coming with next quarter's earnings release.
CHK and PXD are paying variable dividends on top of their base ones now too. Going to be epic returns to investors in 2022 after many, many years of heartache.
LINK
If EOG is basing their 60% direct after-tax rate of return on $40 oil and $2.50 gas prices, what do you think those returns are with $100 oil and $7.00 natural gas?
Have a feeling there will be some nice bonus dividends coming with next quarter's earnings release.
CHK and PXD are paying variable dividends on top of their base ones now too. Going to be epic returns to investors in 2022 after many, many years of heartache.