GREY:LSTMF - Post by User
Comment by
blade86caon May 24, 2016 8:30pm
131 Views
Post# 24901354
RE:RE:RE:RE:Cash flows on oil price and exchange rate improvements
RE:RE:RE:RE:Cash flows on oil price and exchange rate improvementsCPG debt / cash flow is around 2.4x which is high but inline with most of its peers as far as I can see.
Atleast with CPG they are growing production now internally ( as they stated in their latest PR) instead of buying production which means they can keep their debt levels under control and slowly pay that off hopefully. Their total payout ratio now after the cut is approx 84% now which means their debt levels should not rise to fund capex and / dividends like it did before