GREY:BNKPF - Post by User
Comment by
BrokerGon Aug 02, 2017 11:09am
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Post# 26538107
RE:RE:RE:RE:Volume
RE:RE:RE:RE:VolumeI may have asked this question before but what is BNK's tipping point for OIl?
What price do they need in order to maintain profitability and fund capital expenditures?
From the latest news releases and financial statements it looks like their netbacks are around $25 boepd, not including hedges. This does NOT take into account capital expenditures to fund future growth.
Therefore, from my rude calculations they will need $47-$50 oil to survive.
Any other opinions?