RE:2022 GuidanceMeant Total Energy services until Nov 9th. then into OBE.
Total Energy bought back 261k shares back in Septemeber and 431000 shares in October...
For an energy service company with to be doing shareholder returns this early in cycle is crazy.
But want some of this nto OBE for longer term.
I need to hold total until at least nov 9th financial results as i think they talk divy resinstatment...get the pop in stock price from total and slam more into obe. kavern23 wrote: OBE really needs to put some 2022 guidance out there with price points up to 85.
CJ has their up and I can eyeball what OBE is based on what CJ shows...proportion it.
OBE 2022 CF should be at least 370M at 80 WTI and 3.50 MCF gas.
Our market cap is 347M.
WHO IN THE F*CK ELSE IS DOING THIS.above their market cap.
40% decline rate companies dont count.
And with some drilling luck...that can easily be 400M plus CF for 2022 to work with.
I need to hold total until at least nov 9th financial results as i think they talk divy resinstatment...get the pop in stock price from total and slam more into obe.
Cushng is low...WTI shuouldnt hit 75 in near term...even with some Fed tightening.
I need to esculate things in OBE. This is nuts. Insane.