share buy backs...where are they??

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bobs
Posts: 221
Joined: Mon Apr 26, 2010 2:32 pm

share buy backs...where are they??

Post by bobs »

Dan et al

With the huge drops I would think that major buy back programs would be announced with the companies that have
lots of cash and perhaps even some might cut back capex and use the cash for buy backs.
bellwj
Posts: 59
Joined: Sat May 21, 2011 1:36 pm

Re: share buy backs...where are they??

Post by bellwj »

Maybe they all believe $70 oil.
dan_s
Posts: 34658
Joined: Fri Apr 23, 2010 8:22 am

Re: share buy backs...where are they??

Post by dan_s »

DNR and PTEN have aggressive stock buybacks. I think PVA is considering it, but I'd rather see them drill a few more Eagle Ford wells next year.
Dan Steffens
Energy Prospectus Group
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