This Oil Producer Just Dropped a Bombshell Earnings Announcement
A little known Colombian producer announced that on top of a 10% buyback and a 6% dividend yield, they will additionally purchase up to another 10% of shares
I’ve been promising to do a feature post on this company for a while, being one of several names that I was interested in.
After last night’s report and today’s action, it’s certainly worth following through on this updates.