RE:Funds flow 4 cents per share You focus on Q1 history if you want. I'll focus on the guidance for 2021, which "says it all" better. adjusted funds flow of 155 million vs your focus on $19 million. $155 million PLUS $70 million for every $5 increase in wti, but let's round down and call it $190 million. That's 10x the Q1 number you want to focus on. That's 40 cents per share. At just 4x AFF, the stock should be $1.60. In a strong oil environment good luck finding anything better than the cash flow BEAST. Just sayin.
- Cash Flow: Forecasted Adjusted EBITDA of >$210 million (~$155 million of Adjusted Funds Flow); unhedged annual EBITDA sensitivity of ~$70 million for every US$5/bbl move in oil prices.
Hendrick3 wrote: I think that says it all. They are still a weak company. They will be fine at these oil prices but the market cap is at almost $400 million for a negative free cash flow company. There are better investments.