TSX:HSE.PR.B - Post by User
Comment by
oilandgasmickon Mar 12, 2020 4:58pm
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Post# 30801305
RE:Spoke with Leo Villegas from IR
RE:Spoke with Leo Villegas from IRGreat post--thanks for the info especially for those who couldn't get through to IR.
I knew that substantial capex cuts were coming, no point expanding production for the next few years.
Agree that divy will have to be cut, not much choice in a mess like this.
Yes, cash flow is king here and I like the notion that the new model will be based on 35 buck WTI. That's probably a bit optimistic for the next 12 months but within the realm of reason.
Any guess as to what they would have gotten (pre-virus) for the retail outlets?