Dreaming for 2023 !Just dreaming this morning, no more war , demand climbing, jet fuel is back in force !!!
WTI at 129$ US unhedged with only 85,000 boe/d (conservative) !!!
Buyback 50M shares at 9$ ! Enough cash left to paid more like 10$ or 11$ per share, see below !
Dividend of 0,20 quarterly !
Lt debt only 200M at the end of 2023 !!!
What do you think about it, BSW, is it compare to your calculation ???
Let us know !!! Thank's !
| | WTI at 129$ unhedged | |
| | 85,000 boe/d | |
| revenues | 4 002 225 000 $ | |
| Net blend | (184 102 350) $ | 4,60% |
| Royalties | (750 417 188) $ | 18,75% |
| Capex | (450 000 000) $ | |
| Transport | (40 898 250) $ | 1,35$x 85,000 X365 |
| Netback | 2 576 807 213 $ | 64% |
| Adm | (48 000 000) $ | |
| Financing | (10 000 000) $ | |
| Loss financing Hedge | - $ | |
| other | (7 000 000) $ | |
| AFF | 2 511 807 213 $ | 63% |
| FCF | 1 600 890 000 $ | 40% of revenues |
| 75% of 800M$ debt | (600 000 000) $ | Left 200M$ |
| Buyback Sh. | (450 000 000) $ | (50M X9$) |
| Div . | (380 000 000) $ | (475M X,20 X4) |
| Cash left | 170 890 000 $ | |
Please do your DD it's your money !