Post by
Lonegaurdian19 on Oct 17, 2022 7:09pm
Back of the envelope math
Looking at the numbers, this year and last:
23-27 k production
realized:
$77.1 Q2 2022 per barrel
$58.7 Q2 2021 per barrel
FCF:
$52.8 Q2 2022, cost $14.3
$30.9 Q2 2021, cost $17.5
Estimate:
$90 Q3 2022, cost $17.5 = $75
23k X $75 X 90 days = $155,000,000
155,000,000
Less Debt payment (% of 170 Mil remaining)
assuming share repurchases are from cash on hand
Seems they'll have enough left over to double the Divy.
Comment by
Suppe11 on Oct 18, 2022 8:57am
The 23 k are oil equivalent....19-20% is Ng. Better to calculate with 20k bpd atm.