EXPM:EGRGF - Post by User
Comment by
whodathunkiton Sep 13, 2016 12:51pm
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Post# 25232046
RE:RE:RE:RE:As Crude Prices Fall So Do The Stocks...
RE:RE:RE:RE:As Crude Prices Fall So Do The Stocks...Forecasting cash flow is a bit of an art coupled with science. But, a good chunk of the calculation can be forecasted fairly accurately (production, operating expenses, capital expenditures, fixed contract sales pricing to name a few). The only unknown would be spot sales pricing but again good estimates can be used, so, I'd say if they are planning on reducing debt by 9 mil in the second half then they will come close to doing that. If they were conservative in their forecasting then there is a good chance they will in fact reduce debt by more than that.
Cheers.