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Bullboard Post History

by soundandfury


T.CVE

A bird in hand is worth two in the bush

Cve management gets possibly $500 to $700 million real tax dollars saved and...

February 9, 2022

T.CVE

Basically cve management

Cared more about saveing taxes than the book value of its refinery..............

February 9, 2022

T.CVE

It affects earnings but not cashflow

Because its a non cash item........the reason it affects earnings is because...

February 9, 2022

T.CVE

The problem with usa refinery was?

Poor utilization of just 74%...........sounds to me that they had some pretty...

February 9, 2022

T.CVE

And don't forget that asset impairments are non cash

Cve got a 500 to 700 million real money tax saveing for 2021 by takeing a non...

February 9, 2022

T.CVE

Asset impairments

Go up and down with commodity price..........for example a refinery is worth...

February 9, 2022

T.CVE

Thats why they took the charge in q4

Lol because they did not know till q4 how much money they would need to pay...

February 9, 2022

T.CVE

Whats interesting is the amount of the charge

Probably the amount of the charge is very close to the amount required to...

February 9, 2022

T.CVE

Re: Valid reason for the charge

Cve said they would need to spend this amount about every 5 years...

February 9, 2022

T.CVE

Please correct me if this is not correct

If they had not taken the $1.9 billion charge...........cve would have had...

February 9, 2022

T.SGY

Did you hear?

All the oil and gas M +A activity in canada last year ..........there was...

February 8, 2022

T.SGY

Punjabi?

Where does ARO fit into your EV? If you add ARO to EV? Although ARO is not...

February 8, 2022

T.VRN

Well they say oil assets are a buyers market

Believe it or not even as oil prices are at 7 year high..........buyers of...

February 8, 2022

T.VRN

They might be raiseing cash to develop kaybob

Kaybob is 17% of cpg production and yields 30% of cpg cash flow...

February 8, 2022

T.VRN

I must admit i'm a bit bewildered

About this news of cpg wanting to sell assets produceing 11,000 bpd.............

February 8, 2022

T.VRN

Lots of investors demand instant gratification

That why they invest in tech and weed etc...........oil is by nature a...

February 8, 2022

T.VRN

SPR releases are a bullish indicator

Just like if you bring more cake to a birthday party..........or more booze...

February 8, 2022

T.VRN

Oil traders are pretty sophiticated

They are not fooled by the iran put.......or even the putin put........they...

February 8, 2022

T.VRN

Well what is a globalist really?

A globalist is somebody who has so many problems...........but not many...

February 8, 2022

T.VRN

The day will come when we are told to eat insects

Although crickets and grasshoppers might have a nice crunch when you chew...

February 8, 2022

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