Post by
shenty46 on Dec 05, 2021 10:27pm
December
December presentation is here, and it shows that how the company has improved over the years, and with just C3.50 gj gas prices and 70 dollars, it can generate almost a half billion free cash flow vs just around 140 million it would have generated in 2015, with same prices for commpoities.
I think it may be slow we all would be rewarded quite handsomely in future for our investments.
Comment by
Yasch22 on Dec 06, 2021 12:16am
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Comment by
Ozhoks on Dec 06, 2021 3:33am
"We no longer have any gas exposed to the AECO market for the next few years so..." I don't understand that statement. I thought Peyto is exposed to AECO around 30% or so for the next year, according to the hedging report (floating). Any clarification would be helpful, thanks.
Comment by
TerribleEng on Dec 06, 2021 2:42pm
Hi Ozhoks, They have 0% floating exposure to AECO pricing between now and Jan24. They have 30% floating exposure but that is only via Empress Basis, Empress Flaoting and Emerson Floating. Everything else is hedged out. In the hedging report AECO is white (Anything above Empress floating and their Sales production)
Comment by
PabloLafortune on Dec 06, 2021 10:01pm
What is the avg price per mcf of the 70% that has been hedged for 2022? I'm guessing cash flow b/e incl dividend and 2022 capex is below $2.50.
Comment by
TerribleEng on Dec 07, 2021 10:58am
Houbahop, Their presentation includes the impact of C5+ and NGLs. Their fixed gas component is 377.5GJ at an average price for 2022 of $2.72/GJ. Their sheet looks really similar to what we use internally at work for pricing projects.
Comment by
Yasch22 on Dec 08, 2021 1:09am
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