RE:Doing SOME MATH.....LOLTo all the board.........i will continue to indulge these poor folks & will reply to the following dumb replies made to my original comments. Just so people can see HOW really ignorant they people really are....
NotSoSmartmoni wrote:
"Not even close Mr. MOMO.....wheres the tax W/O and future growth to start!!! Lol"
You say TomAto, i say TomaTO..... You might think i'm not close, that's your perogative but i think i'm spot on. So say what you please, but unfortunately for you those are the FACTS and nothing you do or say will chnage that. I did NOT pull this out from nowhere out of thin air lol. And by TAX, do you mean taxers to be paid or Tax pools? As for future growth, this two fold and a double nothing burger for someone like ATH. WHY? Because EVERYONE is the Albertan O&G scene has future growth to some degree.....some better than others but they ALL do. So from my perspective, that's just a general blanket statement that could apply to virtually anyone in the Canadian oil patch...... and means squat.
Deuche90210 wrote:
"That's good you have a grasp on the flowing barrell metric. Trudeau Senior also loved the metric system. "
One thing i can tell you with absolute certainty my dear foolish Inspector Deuche, Me & Trudope have NOT one thing in common except being designated a humanoid on the animal/mammal scale. And even then i wouldn't consider Trudope or you being classified as intelligent life. I've seen dolphines & small chimps with more common sense than either of you.
"But the value your not seeing or paying attention too, is the debt. I'm guessing as interest rates went up, smaller producers with too much debt either can't service the debt properly. Or they're finding difficult to get more financing to operate. So they just threw in the towel, on the cheap."
LMAO......is this what you really think & believe? LOL/ No wonder your such an incompetent dufus just as bad as those other Three Stooges Larry, Mow & Curl Joe. You guys know absolutely NOTHING about this secotr or finances in general. PDC debt levels are pretty normal for a company it's size in this industry......"throw in the towel on the cheap"..... LOL. PDC was far from being anywhere close to "in distress" my foolish friend. Or from servicing their debt.
It's amazing the Krap macaroni & cream cheese you guys keep dishing out on here. You do realize that PDC has more or less the same debt levels as our friend Peyto BUT has more than 2X the production lol. Right? Or maybe you JUST didn't know lol just like everything else. Do you see Peyto in "distress" ready to throw in the towel...... OR maybe Suncor with tyheir 25B reasons lol. My oh my what a chump you are Inspector Deuche LOL
"ATH does not have this problem. "
No they don't BUT they do have OTHER issues.......lol........One being obivious ...like mgmt raiding the piggy bank wanting to be generously compensated lol. Among many others.....
"They have the cash on hand to cover existing debt, and can accumulate all FCF."
Yeah.... they do have the cash to extinguish ALL their debt/liabilities BUT if they were to do that they would have no more cash to operate & pay expenses lol. Hence the reason why they don't lol. As for FC, as per their latest quarter, even if you remove all the non cash expenses they JUST barely scrapped by lol........at record high energy pricing btw.........so much for your "FCF" situation. Again i'm not making this up, its all right there in their financials. LOL.
" Mr.yoyos figures are always based on a buyout. Guess what. THEY DONT HAVE TO SELL!! CAN YOU UNDERSTAND THIS!!! ATH has control of the company now. They can wait for the right offer. Or just keep making MONEY!! And are in a strong postion to make it through a downturn"
First off i'm NOT the one who brought up the Chevron-PDC buyout comparison into the converation. I was simply "clarifying" a few mistatments & misinformation BY you & the OP. So if there's anyone to blame for that it's YOU & OP. And no they don't have to sell BUT i betcha mgmt is just aching to lol asap. Problem is that no one is willing to buy ATH in it's current form, where they have half a foot in the Oil Sands & the other foot somewhere else. And btw, ATH is already grossly overpriced and NO ONE is their right mind in Alberta is gonna pay exorbitant premiums for a small fish like ATH.
."Mr.momo must have a commerce degree, but no experience at the controls of a business. A businessman can pay momo good money to make himself rich. But momo doesn't have the skills and cahones to make himself rich. What did Forrest Gumps mother tell Forrest again? Stupid is . Is what Mr.momo does. Did I get that right??"
As for this last paragraph Inspector Deuche.....the only thing you got right was my name. But keep talking....i'll keep making you look completely fooish & crucify you with words & facts just like i did to those Three Stooges Larry, Moe & Curl......and every other ignorant dope........including that poor lad.... the crime fighting failure.....the dufus Jnitewing......he must be a friend of your for sure ....lol........
GLTA