Thinking that may just be short term/revolver debt....
They need to reward their SHs.
The influx of cash from us early in the pandemic may have been the difference for GTE and BK in 2020.
Paying down debt is always a good thing (!) but some of us don't want to abide four years in this company. I'm wary of this market as a whole, a total implosion wouldn't surprise me with the D.C. Marxist clan.
GTE should have considered some parity with this Q1-- debt repayment, bought back shares, frankly I'm disgusted; .04 is a joke with Brent and demand.
CDEV wasn't any better, equally pissed off there.
I'm not normally so critical here--glass half full typically, but these companies are a max disappointment for Q1 with SP. Thinking very seriously of a $9.50 exit for CDEV. $2 for GTE if she gets there.