How much cash flow?WTI Average price for 2022 is now $101.59
Surge - Key Guidance
Assumptions $80 WTI $85 WTI $90 WTI
2022 Cash flow From Operating Activities $275 ($3.30/sh) $295 ($3.54/sh) $315 ($3.78/sh)
2022 Free cash flow $151 ($1.81/sh) $171 ($2.05/sh) $191 ($2.29/sh) 2022 All-in payout ratio 45% 42% 39%
2022 Exit net debt to exit cash flow 0.64x 0.55x 0.44x
from operating activities
Actual oil price is well in excess of SGYs assumptions. This company is making far more money, or should be than what is forecast in their Spring update. 2nd quarter results should be very interesting.