RE:RE:Off day math Thanks Sclarda, how the heck did I forget the currency conversion is beyond me. I like your Layout, very easy to follow step by step. You should do their books !
Imagine a 9c/ month dividend, and still having $14.5m left over every month for buybacks, cap-x, or increasing the dividend ?
What would 9c monthly do to our share price ? Obviously yields stay in the higher percentile lately as shareholders start to find us, or show reluctance to bite into what their eyes are telling them. Like you also mentioned, this is happening before 2023 ! We are talking less than 6 months easy, this will be trading no where near the single digits. Completely flabbergasted about how this is coming together. We will be Eric's "the one that got away" girlfriend/boyfriend, ya never know ?
Maybe even at that point shareholders wouldn't mind a little strategic takeover of company xyz to increase production? At least if that happened, you really could call it a "all cash sale" without having to call a bank !
Btw, what happens to fcf when wti hits 125-150/bbl after the midterms ?