Speculating on Upcoming Earnings Q3 financial report will come out on Thursday next week, but I can't resist speculating now on what the report will show. For revenue, the big thing is oil production and price. It looks like WTI was around $US 81/Bbl over Q3. Applying a Cdn/US exchange rate of .74 to the WTI price and a discount factor of .93 to the WTI price I think a realized price will be 81/.74*.93= 102 $Cdn/Bbl. Estimate oil production to be 110 kBbl/d... and so revenue from oil might be about 1030M $Cdn. Throw in 120M $Cdn from NGL and Gas sales and you get Q3 revenue of 1150M $Cdn. Based of previous financial reports, estimate the total of OpCosts, Royalties, Transp Charges, Interest, etc. to be 450M $Cdn, and Capex to be 325M $Cdn. Subtract Opcosts/Royalties/etc and Capex from Revenue and you get free cash flow of 375M $Cdn for Q3. With 55M $Cdn for Div, the free cash flow available for debt repayment, NCIB and special div will be 320M $Cdn, of which 160 will go to debt with the other 160 returned to shareholders via NCIB and special Div. From Insiders data, it looks like NCIB amounted to close to 125M $Cdn for Q3, leaving 35M $Cdn for special div. With 530M shares outstanding, the special would be about 6.5 cents per share. Dare to dream...dare to dream.