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Bullboard - Stock Discussion Forum Bonterra Energy Corp T.BNE

Alternate Symbol(s):  BNEFF

Bonterra Energy Corp. is a Canada-based conventional oil and gas company with operations in Alberta, Saskatchewan, and British Columbia. The Company operates through development and production of oil and natural gas in the Western Canadian Sedimentary Basin segment. Its operating areas include Pembina Cardium and other areas, which include Saskatchewan and Northeast British Columbia. The... see more

Bullboard (TSX:BNE)

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Post by CashFlowADayon Feb 13, 2024 4:55pm

If Oil averages $77

BNE will be a big winner in 2024. 
Comment by kavern23on Feb 12, 2024 8:19pm

RE:RE:RE:RE:RE:RE:Divvy: not sure what's expected but likely between 1&2 cent

Rex or anyone..do you think BNE will exploit the Montny much? Based on what seen in industry trends, companies with mature assets usually spin off the exploratory assets into a new spin off. Spartan ...more  
Comment by kavern23on Feb 12, 2024 4:35pm

RE:RE:RE:RE:Divvy: not sure what's expected but likely between 1&2 cent

Majority of BNE 2024 FCF will be in Q2 and Q4. Q1 2024 will be diffucult to FCF much as the low amount of drilling in Q4 2023....will limit the amount of oil production in Q1. Wont be much flush ...more  
Comment by JayBankson Feb 12, 2024 3:47pm

RE:RE:RE:Divvy: not sure what's expected but likely between 1&2 cent

Howdy Lurk, The Maths that don't math, don't math because they weren't ment to math, which is the point of why they don't math. Congrats, you get a cookie for figuring that out, a ...more  
Comment by Lurkzieson Feb 12, 2024 11:42am

RE:RE:RE:Divvy: not sure what's expected but likely between 1&2 cent

So in conclusion, my conservative estimate would be Bne ends 2023 at about 147 net debt. But my mid estimate would be about 140 m. Really depends on payment terms and when it was received. But since ...more  
Comment by Lurkzieson Feb 12, 2024 9:35am

RE:RE:Divvy: not sure what's expected but likely between 1&2 cent

Hi Jay, I don't get your math at all. In Q3 Bonterra recorded 6.6 m FCF with 36.1 m on cap expense, and 47 m total fund flow. Due to standard payment terms, I would expect q4 total funds at about ...more  
Comment by TheRexmemberon Feb 11, 2024 6:24pm

RE:RE:RE:RE:RE:Divvy: not sure what's expected but likely between 1&2 cent

Agreed. Not much point in mergers with the stock at this price. Unless they are very small cash tuck-ins. At 7-8 bucks mergers start to look great, although I suppose if the sellers have really ...more  
Comment by kavern23on Feb 08, 2024 2:17pm

RE:RE:RE:RE:RE:Divvy: not sure what's expected but likely between 1&2 cent

Interesting timing Saudi is selling another 20 billion in Amamco shares and they want it placed and sold before March 1...lol next OPEC meeting. Like in 2022 and 2023...someone in OPEC will need to ...more  
Comment by kavern23on Feb 08, 2024 1:40pm

RE:RE:RE:RE:Divvy: not sure what's expected but likely between 1&2 cent

Rex...this is Russia fault...but Natural Gas markets are going to be destroyed for quite a lengthy time. I called it when Russia went into Ukraine and it spiked NG prices to high levels...this is ...more  
Comment by Resilience2on Feb 08, 2024 11:53am

RE:RE:RE:RE:Divvy: not sure what's expected but likely between 1&2 cent

Maybe growth per se is not a priority but improving Capital Efficiencies is. Maybe there is a scenario where they drop some Cardium capex and deploy it somewhere else making better payback (say ...more  
Comment by TheRexmemberon Feb 08, 2024 11:32am

RE:RE:RE:Divvy: not sure what's expected but likely between 1&2 cent

I enjoyed reading your posts resilience.  Per the previous note, Mgt has said repeatedly that growth is NOT the priority right now. Free cash flow is the priority. The extra 10 million spend ...more  
Comment by CashFlowADayon Feb 05, 2024 4:45pm

RE:RE:RE:How BNE can up Oil/liquids content (apart merge Richochet)

PDP LMAOOO we have a market that tells us the value of these stocks.  Every stock trades below PDP because it is a fantasy calculation by management teams to justify being worth so much more ...more  
Comment by CashFlowADayon Feb 05, 2024 4:39pm

RE:RE:Divvy: not sure what's expected but likely between 1&2 cent

Management has growth as the priority which is INSANE at this point.
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