RE:RE:Free Cash Flow thoughtsIf they hit 1billion from the previous 2 billion last year, their debt costs will also reduce accordingly by 80million a year which is again approx 16 cents yearly to the EPS .They can easily pay that out as dividend and tackle rest of debt with current cashflow.
This is my opinion and my math . Please correct me if I am wrong here
calebmar wrote:
Debt was $1.6 b last qtr and will end 2021 around $1.4b if not below. 2022 they need to do more than just pay debt if oil price remains in its current range or higher.