Large package and expecting a large price.
All about raising cash and bringing in partners for Newfield property drilling.
Raising cash? Try cutting the dividend. This company has paid dividends in excess of $200 million over the last three years, the majority of which has gone to Tracy.
The market sure likes this. I think it's more due to the prospect of reducing debt though. In my opinion the debt is whats depressed the price so reducing it is what it will take to drive the price up.