SEA sundance energy australia limited

SNDE 2019 10K (Annual Report) Released, page-290

  1. 5,039 Posts.
    lightbulb Created with Sketch. 1253
    Saw the reverse split and had Deja vu of SNDE.... can't go 1000 to 1 again, surely.
    However, that change in capital structure should neither create nor destroy value, so am okay with it...

    I thought they had 650M on revolver, but perhaps that was from the 10K. $350M is getting tight, but I think we have seen the end of downward oil price pressure (and want something that survives, assuming V shape).

    From the below, they are poised to be FCF+ve from and including 2Q-4Q

    Expectations of $25 - $100mm of FCF from 2Q - 4Q20 at average WTI of $25 - $30/Bbl over that period

    Screenshot_20200707-203659_Drive.jpg Screenshot_20200707-204037_Drive.jpg
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.