Post by
senzzzzz on Dec 07, 2022 12:31pm
6 cent divi safe in the $60's?
That would be awful to have to cut the dividend after only a few months of paying out.
Comment by
caretired1 on Dec 07, 2022 1:46pm
You need to decide what capex is the minimum. If capex is zero in 2023 the company could pay the 6 cent dividend at $60 oil, their numbers say. For every $7 million in capex they need another $1 of oil price they say
Comment by
RusticHit on Dec 07, 2022 2:02pm
At 73 strip price they have FCF Yields of abt 4 % while average is 14%