Post by
JohnnyDoe on Jan 16, 2024 8:21am
Q4 numbers
We're waffling along here, not doing much either way. Debt it too high.
We had an asset sale in q4 that generated 153M. We've got somewhere between 300 -350 in fcf for the quarter.
I think a lot of people are in wait and see mode. I am looking for a substantial debt reduction out of these numbers. 300M ballpark based on asset sale and fcf.
They have to demonstrate that they can pay down debt in a 70-77 wti environment. If they can't the 1.5B debt target is a pipe dream