RE:Cash FlowThey should be producing 800k+ bpd I would think until turnaround. Also you forgot to convert to Cdn dollars. WTI is currently $155-160cdn. That puts us closer to $2.8B month
nixxem wrote: BallPark #'s: Am I seeing this clearly:
775,000 barrels a day being produced @ 125$ selling price.
Cost to produce approx 35$
775,000 * 90$ margin is 70 million a day
Is this correct?
Equates to 2 billion a month. Thats a monster number
All we need now is a higher dollar to a perfect market for Cenovus