Notice how they used $80wti vs the $75 they were usingbefore to come up with metrics for the aquisition. When they used 75 dollars to give their 5 year outlook wti was over 85. Now wti is under 80 and they are using 80. Just how bad are the numbers at 75 or 70?
Also of note what really kills is that even at 80wti the debt is such that it would take 3 years of free cashflow to pay it back. THere are other companies out there with no debt, or next to now debt when looking at a mulitple to free cashflow. Also of note theykeep yapping about growth. Who wants growth. Growth reduces the life of reserves, and more importantly sucks up cap ex that could be returned to long suffering shareholders.