GREY:SGLRF - Post by User
Comment by
qwqwon May 08, 2014 8:30pm
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Post# 22541618
RE:RE:Selling Production
RE:RE:Selling ProductionAt $34k/boe, Spy's debt adj EV/CF = 6.5 (a fair multiple)
At $60k/boe,Spy's debt adj EV/CF = 11 (good luck)
I got a feeling the production being sold has a lot
higher netbacks than average.
So less unhedged production and less high netback
production.Wunderbar.