RE:RE:RE:RE:RE:RE:RE:RE:Debt at YE2024HeavyBanana wrote: ManitobaCanuck wrote: Come on man,I am sure you are smarter than this .
They may report in C$ but earnings are in USD which is a natural hedge .
Did you even look how much Kerrobert sale reduced production.2000bbl . Seriously the sky is falling because a 150k prodn company dropped production by 1.25% ROFL.
No debt is due till 2030 and 2032 . End of 2027 their LOC is due for review . Their credit facilities are 60% unused .
Read the presentation and reports before spewing out false info
I was going to say the same thing as you, lol. He's calling it like he sees it but he doesn't see facts, thus he spews falsehoods.
What are facts? Here's a fact, if you bought thus stock 3 years ago, you're down. I didn't cherry pick 3 years ago- you could have bought any oil stock in the covid slump and made a fortune. Since the start of 2022, this stock is down.
Bte and VRN. Off the top of my head I checked about a dozen cdn oil stocks. Nothing else is even remotely as close to the poor performance of these two.
Here's two facts.
1. The debt is too high and will take years to pay off at 70 wti
2. Production output for the capex spent is low. 1.2 billion to stay flat.
Hope is not an investment strategy and the only opportunity here is hoping that wti sustains at a number in the 80s