RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:mhpuncutgems wrote: well without admitting you were wrong, I see you're correcting some of the "ooopsies" from your previous posts. but still calling it "share float" like a bull board newbie.
Let me start by saying POU has no plans to buy back stock in the near term. why? because their stated plan is to PAY DOWN THEIR DEBT. they've always carried a lot of debt. most always way too much of it. so they are finally addressing it. share buybacks can wait.
that's mistake Number one.
since you've corrected your mistake about how many BOEs of OIL they will produce, I will name another one you made.
They HEDGE forward production. As such, they aren't going to get ANYWHERE near $80 WTI realized, if by some miracle we get that next year. They will begin hedging well before we get there. Conservatism doesn't appear to be in your tool box.
your estimate of FCF for next year is wildly off base. I would bet a lot of money they don't come close to it.
but I understand the inclintion to embellish and exagerate on a bull board where everyone's a cheerleader. I don't see the value of it. But I understand why Bull board participants like you do it.
Nope. Wrong again my friend. They've only hedged dry gas production next year. Oil and condy realized prices wont be affected by hedges. Nice try. You do realize they've recently opened up an NCIB, right?