Comment by
Buyreallow on Jun 29, 2022 10:39am
The numbers used don't add up. They show Ebit of $38 million. In 2021 they had Ebit of 99 minus 17 financing they appear to have taken the Q1 2022 numbers and multiplied by 4. First, oil and gas rev for Q2 will be much higher. Second, there will be no interest expense as debt will be paid off. And new wells from increased cf will add even more revenue.