RE:RE:FFO is 45 cents for 2022..
Roscoe747 wrote: FFO is Funds From Operations, not free cash. The dividends are estimated as ~30% of free cash. The company estimates this as $.07 for 2022.
Free cash is FFO less capex and ARO obligations more or less.
The 7 cents estimates is base on a 98 cents wti so given most production are unhedged this could easily climb tk 13 cents
.Using forward market pricing as of May 3, 2022 (remaining 2022 WTI of US$98 per barrel, WCS differential of US$13 per barrel,