Post by
dllscwbysfn on May 05, 2023 8:51am
Cap ex
So no debt paid but 38% of capex for the year paid. 234M spent in Q1 leaving only 391M for the remainder of the year. The early spending should also lead to greater production as the year goes on. The Q we are in now I believe will be their lowest amount spent on capex due to spring breakup.
But at the end of the day the most important thing and this never changes is the price of oil.Place your bets??!!??
Comment by
FreddieSanford on May 05, 2023 9:09am
Front load capex and watch it flow Q3/Q4 in a much higher WTI environment and compounded with Ranger metrics. 2H is going to be a banger.