RE:RE:Just playing with the numbers....Plain and simple I made a mistake and used the wrong number in the Q4 2021 and should have used the $ 147 M profit.for a total of $ 484 M. for the Q1 2020 and profit for the q4 2020
Obviously not a good way to play with numbers and forget everything.
But I want to give you a copy of the letter I received from the Ala Investor relation on the seasonality including Petrogas:
«Thank you for reaching out and for your support.
The seasonality figures that we disclosed within our guidance presentation (
here) for EBITDA
included Petrogras contribution as well (Q1 ~39%; Q2 ~17%; Q3 ~14%; Q4: ~30%). Petrogas revenue in 2020 was $7,917MM which includes commodity purchases. For incremental details on this see page 99 within our financial statements (
here). I hope this answers your questions, if there is anything else do not hesitate to reach out.»
Just taking the Q1 2021 EBITDA at $ 674 M.would represent 39% of the total EBITDA for 2021
Using 40% would give a potential of $ 1 685 M while the NEW guidance
is :
«
normalized EBITDA of $1,475-million to $1,525-million (previously $1.4-billion to $1.5-billion).
I prefer this way to ''guestimate'' the 2021 EBITDA .
What do you think ?