RE:Ho humYes boring....just another day of cheap buybacks eliminating some shorts and smaller players forced to liqudate.
Rates going up...this is new to most younger people.
Yes stronger USD....but most don't understand the F/X impact...great on the income side
On the liability side hold fcf in credit facility in CAD and look for a good shift in F/X on debt side. Clear last LTD note in April 2023...see F/X at that point (after Democrats lose mid-term)
Maxmoe wrote: Another day over $100, another day producing 80,000 barrels = another day of revenue of $8 million USD. Yesterday? Another $8 million. Tomorrow? Another $8 million. Annualized? Yuge near $3 Billion. USD baby. What's that $3.7 Billion cdn ? Anyone notice C$ way down lately? Yuge cashflow. Yuge debt paydown. Yuge stock buyback. And eventually.... a nice little divy.