RE:RE:New acquisition Correct current dividend is 46 million - 13 pennies times 355 million shares.
will be interesting to see how big the term loan is. I would have went for about 75 million to keep 30 million in cash but we will see.
At 3.00 average gas pne will cash flow about 80 million
At 2.00 average gas cash flow is about 75 million.
only about 2/3 of pne gas is sold into Aeco - some hedged at 6.00 into the Dawn market so the numbers above should be too low.
typical seasonal price spikes will be on top of those numbers.
the liquids will now pay ALL of the op costs plus a big portion of the dividend.
I look for another Acquisition And a dividend increase next fall.