CPG seems to be raining cash over the next year
The company issued FY-2021 guidance just the other day that remains essentially unchanged from earlier statements regarding Q-4 expectations. Production will be in the 108-112K BOEPD, at a liquids rate of 91%, and the capital budget is fully funded with $40 WTI. And, here is where it gets interesting and potentially accretive to earnings in the year to come.