Cardinal Energy Ltd (Alberta) T.CJ

6 cent divi safe in the $60's?

[senzzzzz]

That would be awful to have to cut the dividend after only a few months of paying out.

[caretired1]

You need to decide what capex is the minimum. If capex is zero in 2023 the company could pay the 6 cent dividend at $60 oil, their numbers say. For every $7 million in capex they need another $1 of oil price they say

[RusticHit]

At 73 strip price they have FCF Yields of abt 4 % while average is 14%