RE:RE:RE:RE:RE:RE:RE:RE:Ugly Ugly UglyNAV automatically accounts for the debt.
FCF is a non-issue - they are not trying to build FCF just yet, all that money is being re-invested in the capex. Up to now, their only intent has been to drill, baby, drill!
They are a profitable company, in the good times and the bad. Hard to say that about most others in this sector.
derbon99 wrote: Come on guy
they can't make fcf at 70 $ per barrel
stop looking at nav and look at fcf and debt