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Penn West Petroleum Ltd. Message Board

  • jshmyhrn jshmyhrn Mar 13, 2013 3:07 PM Flag

    Why has PWE not borrowed money and bought back stock

    PWE could borrow 10's of millions at an interest rate far less than the 10% dividend. Use the borrowed money at a 4% rate lets say and remove stock that PWE is paying at a 10% dividend rate.

    ERF should be doing the same.

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