RE:Assessing the damage...For anyone that thinks my FFO number is low, well I try to be on conservative side and I adjusted NG as well. NG is likely to be higher then the assumptions I am using.
Later this weekend I am going to try get a sense on what commodity price level in Q1 does OBE need to FCF 30M...what does that look like. I know the 75, 80, 85 price points well but I need familarize with lower points.
I think a 25-30M FCF a Q has to be the aim for OBE going forward.
Alot of this is probably a mute point as if this covid dies down WTI will be over 80 in Jan. Gasoline demand in USA is stengthening. Inventories are much lower Year over year on almost all different petro varities.
kavern23 wrote: I have Obe coming in at 80.7M funds flow for Q4...but I am assuming 70 WTI from Tues next week until Dec 31 2021. Just wanted to look if oil happened to sit at 70...not saying I think it will.
Still pretty good...like a dollar per share in funds flow..