I think that today's report was a pretty good quarterly and the numbers were very close to my estimates. June was similar. Below are some graphs which give a perspective and imo shows results starting to flow and also relates these results to an investment cycle . First chart is from an article is found, see: Investing requires uncorrelated emotions
If we look at SSN historical Market Cap and rough EV @ $90K/boed we can possible match the MC performance to the above chart.
Lastly the graphs summarise a few of the things I have been watching. In a graph it is a bit easier to see some trends but possibly still a bit early due to the shut-ins, oil price and overall mkt sentiment.
The numbers come from past quarterly cash flow statements, the boe/d is my calc based on the receipts reported divided by FX rate at qtr end. The boed won't match exactly to reports but imo is indicative of receipts and that boed rate is multiplied by $90k to get the EV. Hope it makes sense.
All is my opinion only
Cheers
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- Ann: September 2014 Quarterly Report and Appendix 5B
Ann: September 2014 Quarterly Report and Appendix 5B, page-11
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