Post by
HeavyBanana on May 10, 2024 12:26am
If exit 2024 with $700,000,000 fcf ........
........ and Q1 posted $88,000,000 negative fcf .......... what do the next three quarters need to post to see FY24 fcf at $700,000,000? Probably a dumb question.
Comment by
jack4567 on May 10, 2024 5:02am
To see FY24 at 700M, wouldn't each of the three quarters have to average (700M+88M)/3=262.7M?
Comment by
red2000 on May 10, 2024 9:36am
So it's like doing 788M$ of FCF in the next 3 quarters to close the year 2024 at 700M$ !!! At strip price of : We already seen an avg. of WTI over 80$ so far for Q2 and a WCS diff. a bit lower and nat gas start to reach higher too ! I also think their new wells will be full operational in Q2 : Worth to ask at today meeting !
Comment by
HeavyBanana on May 10, 2024 9:43am
The reason I prefaced my question as being dumb is because the answer was all too obvious but so many whiners missed it. Cheers