RE:RE:earnings of 50 cents/share in 6 monthsI took it from their just released earnings report...6 months ended June 30, 2019 (Net Income - earnings per share diluted)
Financial and Operational Highlights
| | 3 months ended June 30 | | 6 months ended June 30 | |
| ($ Thousands, unless otherwise noted) | 2019 | | 2018 | | 2019 | | 2018 | |
| CONSOLIDATED | | | | | | | | |
| Petroleum and Natural Gas Production (boe/d) | | 33,958 | | | 37,658 | | | 36,568 | | | 39,107 | |
| Operating Income1,2 | $ | 67,122 | | $ | 46,719 | | $ | 125,724 | | $ | 63,595 | |
| Operating Netback1,2 ($/boe) | $ | 22.19 | | $ | 13.01 | | $ | 19.29 | | $ | 8.80 | |
| Capital Expenditures | $ | 33,717 | | $ | 54,159 | | $ | 86,681 | | $ | 136,420 | |
| Capital Expenditures Net of Capital-Carry1 | $ | 26,888 | | $ | 38,888 | | $ | 58,644 | | $ | 95,549 | |
| | | | | | | | | |
| LIGHT OIL DIVISION | | | | | | | | |
| Petroleum and Natural Gas Production (boe/d) | | 10,210 | | | 11,872 | | | 10,957 | | | 11,187 | |
| Liquids (%) | | 51% | | | 48% | | | 52% | | | 49% | |
| Operating Income1 | $ | 25,637 | | $ | 30,936 | | $ | 56,917 | | $ | 55,228 | |
| Operating Netback1 ($/boe) | $ | 27.59 | | $ | 28.64 | | $ | 28.70 | | $ | 27.27 | |
| Capital Expenditures | $ | 11,858 | | $ | 25,557 | | $ | 41,713 | | $ | 92,187 | |
| Capital Expenditures Net of Capital-Carry1 | $ | 5,029 | | $ | 10,286 | | $ | 13,676 | | $ | 51,316 | |
| | | | | | | | | |
| THERMAL OIL DIVISION | | | | | | | | |
| Bitumen Production (bbl/d) | | 23,748 | | | 25,786 | | | 25,611 | | | 27,920 | |
| Operating Income1 | $ | 56,522 | | $ | 39,635 | | $ | 101,650 | | $ | 32,891 | |
| Operating Netback1 ($/bbl) | $ | 26.97 | | $ | 15.79 | | $ | 22.42 | | $ | 6.33 | |
| Capital Expenditures | $ | 21,859 | | $ | 28,595 | | $ | 44,968 | | $ | 44,226 | |
| | | | | | | | | |
| CASH FLOW AND FUNDS FLOW | | | | | | | | |
| Cash Flow from Operating Activities | $ | 61,488 | | $ | 27,605 | | $ | 42,916 | | $ | 24,364 | |
| per share - basic | $ | 0.12 | | $ | 0.05 | | $ | 0.08 | | $ | 0.05 | |
| Adjusted Funds Flow1 | $ | 47,757 | | $ | 25,680 | | $ | 89,376 | | $ | 19,320 | |
| per share - basic | $ | 0.09 | | $ | 0.05 | | $ | 0.17 | | $ | 0.04 | |
| | | | | | | | | |
| NET INCOME (LOSS) AND COMPREHENSIVE INCOME (LOSS) | | | | | | | | |
| Net Income (Loss) and Comprehensive Income (Loss) | $ | 57,091 | | $ | (19,267 | ) | $ | 263,887 | | $ | (112,597 | ) |
| per share - basic | $ | 0.11 | | $ | (0.04 | ) | $ | 0.51 | | $ | (0.22 | ) |
| per share - diluted | $ | 0.11 | | $ | (0.04 | ) | $ | 0.50 | | $ | (0.22 | ) |
| | | | | | | | | |
| COMMON SHARES OUTSTANDING | | | | | | | | |
| Weighted Average Shares Outstanding - basic | 522,459,443 | | 514,679,681 | | 519,253,275 | | 512,448,170 | |
| Weighted Average Shares Outstanding - diluted | 527,661,455 | | 514,679,681 | | 525,417,016 | | 512,448,170 | |
| | | | | | | | | |
| As at ($ Thousands) | | | | June 30
2019 | | Dec. 31
2018 | |
| LIQUIDITY AND BALANCE SHEET | | | | | | | | |
| Cash and Cash Equivalents | | | | | $ | 292,851 | | $ | 73,898 | |
| Available Credit Facilities3 | | | | | $ | 131,264 | | $ | 126,491 | |
| Capital-Carry Receivable (current & LT portion – undiscounted) | | | | | $ | 53,638 | | $ | 81,675 | |
| Face Value of Long-term Debt4 | | | | | $ | 589,095 | | $ | 614,070 | |