Post by
spacegimp on Jul 29, 2021 6:43pm
don't bother reducing debt anymore !
"ARC's net debt excluding lease obligations outstanding was $2.1 billion or 1.3 times annualized funds from operations."
we are headed to $80 oil /condensate , that statement above is based on $60 oil
i understand the fear from the last 7 years... but this is a new era, focus on divys and a bit of development
Comment by
spacegimp on Jul 29, 2021 7:39pm
conde@edm currently $87 cad aeco ng 12 month strips over $3.75 the table is set , lets see if markets are forward looking https://www.psac.ca/business/marketstats/