RE:Forget $70.00 brentsoundandfury wrote: Lets start talking about $80.00 brent and $78.00 wti..........cpg free cash flow @$78.00 wti is 1.5 to 2 billion annually..........like that is enough profits to pay off more than half of cpg debt in 1 years time.
The potential levels of fcf in 2022 is crazy. It's unprecedented. If we end up with sustained 80 dollar oil given today's cost structures in the oil patch, there's really no models to help you figure out where these stocks might go