RE:Anticipation April PresentationAfter today 19 trading days until the Q1 results.
1. They can not publish "debt at the end of March" tomorrow...first they wouldn't have final numbers yet on day 1 of a financial quarterly close...second no management team would release "bits" of financial data before the quarterly release. There would be no benefit.
2. Currently the presentation shows $75, $85. Point of reference the YTD average is $87.82. Sure they could add $95....but most people know the incremental dollars...
3. Buybacks are subject to TMX approval. Are you suggesting we jump the gun on the regulator and set a date. Having been in business for decades and dealing with regulators I would say this is a bad idea imo
4. Clearwater is sizzle....why rush...plus remember you will have some wells at March 31st with no IP30...April 28th is the better date with proper full set of data.
Long-term holders I would imagine are NOT concerned about waiting 19 trading days.
All my opinion but I am going to enjoy the 19 day wait....it's like buying a Christmas gift Nov 30th and opening on Dec 1st.....what's the point....it ruins the excitement.
fortunefavorsus wrote: Like to see them update Clearwater results and first quarter production, give debt at end of March, FCF estimates at higher oil price ranges, and anticipated start date for buybacks.