RE:RE:RE:RE:RE:RE:RE:RE:Well into Q4 ...masfortuna wrote: clamlinguine wrote: Professionals need to ask them why their fcf is 150 million and not 350 million like I'd expect from their presentation. imo
As I said clam, q3 2022, they said tha the fx offset the debt payments and debt remained flat. Not sure why it's always q3 but it is starting to look like a pattern. As for the fcf, I am tryingto see if the "creative accounting" did not let them use the fcf total as part of the note (150 million they paid off this q) that would account to the roughly 150 million you would expect them to have. And as a side note, of all my O&G holdings , this is down the most.
I submitted my question to the cc. Why was fcf only 158 million instead of double that, according to presentation metrics. Answered. Seasonality. Didn't own Ranger during good drilling time. A good answer. Lumpy spending basically.