RE:$4 Gas & $70 Condensate Cash FlowThose three words are like poetry together - great on their own too. FREE - CASH - FLOW Nice post
northman wrote: I recall some old investor presentaitons where 7G used to talk about one or the other doing well, but usually most of their scenarios did not include the situation where both were performing.
Anybody care to hazard a guess at ARC FCF with the above two prices? My hunch is that we are generating a monumental amount of free cash flow at the moment.
Hang on to this for another year or two and we will see a double or triple at current commodity pricing. As Ben Graham used to say: "In the short run the market is a voting machine. In the long run it is a weighing machine". With $2+ Bn a year in upcoming FCF ARC will weight a lot just you wait! And stop worrying about the day to day fluctuations!