CE1 0.00% 0.9¢ calima energy limited

Ann: Rising oil prices - Hedging Update, page-10

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 13,325 Posts.
    lightbulb Created with Sketch. 1926
    I'm personally not stressed either way with the hedging ..its like for 34% of non royalty production in the short term ... costing USD$1.90bbl,,,putting Wti $77 floor on these 34% oil sales ..

    What I do like to hear about is lower OPEX-CAPEX going to lead to higher FCF etc

    not going happen overnight or this year prob but in time the "Montney stink " might just pass away to be replaced by YOY 10%+ dividend yield and solid FCF to build up some reserves to look to add on more local producing O&G assets..

    Worse places to have capital placed at present
 
watchlist Created with Sketch. Add CE1 (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.