RE:These FUND Managers SELLING CVE Shares Are MORONS ! BREAKEVEN (including paying out the $ 0.18 per quarter BASE DIVIDEND; CAPEX $ 3.0 to 3.5 billion):
USD 45 per barrel
BREAKEVEN with GROWTH CAPEX (including paying out the
$ 0.18 per quarter BASE DIVIDEND; CAPEX 4.5 to 5.0 billion):
USD 50 per barrel
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- of course, the REFERENCE MARKER PRICE is WTI
z173