KAR 0.00% $1.48 karoon energy ltd

Ann: June 2020 Quarterly Report and Appendix 5B, page-43

  1. Ya
    6,809 Posts.
    lightbulb Created with Sketch. 3829
    Another way to look at it is,
    they mentioned a Free Cash Flow of USD 180mil, from 9.9 mmbbls gives USD 18.2/bbl FCF margin (note: FCF is reported per FinYr).
    or
    At 71c exchange rate, FCF of AUD 237mil/ 9.9mmbbls = AUD25.97/bbl margin.

    FCF Margin of USD180m by my estimates should b ~30-35% of Sales Revenue over 18 mths.

    Basically CF from operating activities minus investing activities is FCF as reported by all Majors
    (note: take away any divi payout amt etc frm FCF & the balance is the Organic FCF. Too early for that).
 
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