TSX:HSE.PR.B - Post by User
Post by
Dogsbreakfast4Uon Jan 25, 2018 9:13am
207 Views
Post# 27430552
Takeway for Yesterday's Presentation
Takeway for Yesterday's PresentationWebcast is available online. Overall positive.
1. Suspension at SeaRose not expected to affect production guidance issued in December.
2. Dividend will be reinstated at a rate comparable to peers on the low side. It will not put a significant dent on free cash flow in 2018 expected to be at 1 billion (assuming $55 WTI.)
3. Debt of 2.7 billion and going down fast.
4. Extra cash could be used for special dividend. Share buyback also an option but did not seem to be the preferred option.