RE:RE:RE:a serious conversation about $21,000,000 in interest each QBuying back debt does not constitute an insider transaction.
Buying back notes at a discount in the amount they seem prudent, and the remaining notes increase means nothing if they don't buy back. Balance sheet gets a double whammy. Should be awesome. Hence why they hedged 20,000 barrels wcs out of 25,000.10.000 are light.
WCS blowout always happens in dec. Look back at historical numbers. They hedged 20k. Knowing this.
Fcf fourth quarter amount doesn't matter as long as it is positive. They know this and why they hedged. The buy back will make the balance sheet look good.
Not 600 mil in debt and produce their own diluent so price not a factor.
More capacity directly to gulf in 2020.
Bottom line, good fourth quarter and year because asset sale, hedging in fourth quarter, and debt buyback. New production and direct access to gulf in 2020. $10 more per barrel and debt gone by 2022.
Once again you know this. So do potential purcahasers. Can't understand why you don't but unless you shorted and are worried.