RE:netbacks to fallsnowshoedb wrote: looks like BNE's netbacks will fall to $20-$25. Expecting FCF to drop to $10-$15 million for Q4.
looking forward to when the debt level is significantly lower by June next year. Hopeing the supply side has no ability to respond if some of the headwinds (Interest Rates, Recession Angst, China Covid/Economy) become review mirror issues by then.
Looking forward to better days and some dividends to flow.
Canada-$ was weak. One can expect maybe just a little bit lower realized prices, than in Q3. Maybe something like C$ 105 for the oil. NG maybe higher, than Q3. Their balance sheet should look better, because the Wti price is now in the center of their hedges.
So....zero problems for Q4.