Post by
Countrin2tive on Jul 08, 2022 11:15am
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.
Comment by
dllscwbysfn on Jul 08, 2022 1:45pm
I figure about 60 million in fcf in the 2nd quarter. Should be paying off a pretty good chunk of debt and of course the divy will start
Comment by
Keyplan on Jul 08, 2022 2:37pm
The debt was to be 250m to 265m before the dividend started so we must of reached that.