Post by
shenty46 on Jul 06, 2021 11:57am
Nothing special
Nothing special, except they may start the dividend next year, and there stock is way undervalued, as darren gee said, when we have these gas prices in2014, their stock was trading at 40 dollars, and they were producing just 75000 boe/d vs this year expected 100000boe/d, and has more reserves.
Comment by
Yasch22 on Jul 06, 2021 3:04pm
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Comment by
houbahop on Jul 06, 2021 3:59pm
In 2014, cash per boe averaged $23. In 2021, cash per boe is expected to be $12-$15. In the meanwhile, average debt increased by 30% and dividends were cut from $170m to $6.5m per year. But the past is the past and the future looks good.