The Calgary-based company reported net earnings of $1.6 billion for the first quarter, a sevenfold increase from $220 million in the same period last year.
In addition to the dividend boost, the company announced it will target to return 50 per cent of quarterly excess free cash flow to shareholders when net debt is below $9 billion through a new share buyback plan. And once net debt is below $4 billion — which some analysts estimate could happen next year — 100 per cent of the prior’s quarters excess free cash flow will go to share buybacks.
No pipelines without consent no reconciliation plan forward that Indigenous people will accept shut downs graffiti let it all burn 🔥 disruptions a reconkening if no reconciliation respect that Indigenous Resistance IR aho
Finally. My investment in this company has been languishing for the last 6 years. People forget that companies don’t own themselves. Real people with limited means also own shares. I need this company to do well to fund my retirement. It’s not greed. It’s supply and demand.
Greed. So many companies taking advantage of post-covid times.
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