Post by
soundandfury on Mar 13, 2021 9:36am
Sgy breakeven price
They basically broke even in the 4th quarter........i'm to lazy to look but if you check q4 financials you will see the average price of crude oil they got in q4......that is their break even price imo
Comment by
Countrin2tive on Mar 13, 2021 12:01pm
That would appear to be $43.80 US. I Believe the CEO a while back during an interview said $47 US. Either way, this company should be making a lot of money right now. If my calculation is correct, Possibly $30 million Cdn free cash flow/Q if Prices remain current levels. Maybe somebody with a better calculator can check my work… LOL.