Member Info for Pelle

Volume is far to low in London and Enq improved prod and FCF since sept/Oct have not been highlighted.

In Stockholm already 500k shares traded.

For me it means a low valuation on Mcap.

I don’t agree with this.
“A high free cash flow yield result means a company is generating enough cash to easily satisfy its debt and other obligations “

Then you need deeper analyse

As I thought before
FCF yield = FCF/MCAP

Hello,
I also noticed this 65% FCF yield.
Anyone know how it’s calculated?

Thanks, but its to complicated to me.
This guy arrived 1 week ago to the field and now says "40h pressure testing"
What phases complete and whats next ? And rough timeline?

Maybe someone can explain where they are in the drill phase?

https://twitter.com/dxcgeological
?

@DXCGeological
3h3 hours ago
More
After 40 hours of formation pressure testing and with very heavy eyes its finally time to say goodnight! Bring on the parrafin budgie tomorrow.

Hi Romaron,
I am on bit deep water here , but this is my take on it.
H1 report you have 2,7 cent profit 44,3 mill after exceptional items 120 mill L3 talk about.
I doubt those will be as big H2 but I dont know
So I would assume something around 10 cents profit full year 170 mill.
And next year maybe 20-25 cents, but its tricky. I saw some calcs on swedish forum in this range also

L3, Wish you nice Christmas and Happy New Year

Haha L3,
I said there some smaller chances H2 or we need wait.
They can hold on to things 10 years+, but dont like be under water, the huge average down since later summer and now only 10% down there. So it can change in week I assume.
Think I am down 30% but it can also go fast
I see very little downside in SP, AB and others buying, prod up, oil price ok.

Romaron
On marketscreener it says 156 mill Net profit.
I would guess it bit better then that, maybe 160-200 mill.
Reserves no idea, pure guess +-0

I am more worried about how it will go for Ljungberg in Arsenal

Hello Colebrooke
I saw your post now at Twitter. Nice, simple and correct:-)
Maybe could hashtag the swedish oil companies also, TETY, LUPE, MAHA, SNM, AOI

And post something about Kraken increased production over 2019.
I have seen profit calculation also at swedish forum for 2020 at slightly above 400 mill so PE below 1
Could be post also

Hello Colebrooke

I dont have Twitter but here is my 2020 numbers you can post with my name:-)
Prod:75k ( 65 oil)
opex 530 mill 20 usd/barrel
EBITDA 1120 mill
Finance cost: 180 mill
Capex: 144 mill
BP profit share and vendor loan: 150 mill

FCF : 650 mill
Debt/EBITDA to reach 1 around mid summer

Is it some sort of tanker war?

KO, they will give out tupe on next AGM.
For me I didnt have much hair already but head and brain taken a hit.

Romaron
Today I will blame the ignorance and stuppidity from the analyst.
And AB also because he only gives small pieces of the future and and you need to puzzle it together yourself.
AB / Enq have done a excelent work this year and put us in a very very nice position. No doubt!
But for shareholders we could have wished a little more and he more thought about himself here buying more.
Some shareholders probably gave up, or need to sell bits to live. Its few private shareholders that is in the details as we.

Now coming back to CMD.

1. to re-guidance 63-70k is joke when we have 68,5k and doing 80k forward.

2. Questions from analysts, one was worried about near term debt maturities I assume 1 April 130 mill.
Here I see 250-300 mill now from Oct to 1 April so no problem what so ever. They have 200 mill cash also.

3. L7 mention one analyst said 2020 FCF looks more light.
He must have missed that cost structure is likely down 200 mill and production up 100 mill so FCF double.

4. AB answer one analyst about Heather/Thistle outtake , look it up yourself in OGA its 7k.
Its not so easy, need puzzle here also because there Kraken / Scolty more then make up for this loss.

My opinion about CMD and such questions, then its a poor!
AB completely missed to explain that ENQ turned around a big corner
Maybe AB thinks its bit payback time to analyst after they been hard on him for years. I dont know

https://oilprice.com/Energy/Energy-General/Is-It-Time-To-Invest-In-An-Energy-Stock-Rebound.html

http://ravarumarknaden.se/the-strongest-brent-crude-oil-curve-since-may-2019/

Lol Romaron
Your right, I do smell the roses now with oil at 65.
You often says its not for orphans and widows, but now my nearly 80 years old parents share accounts are maxed out with Enq. They also bit frustrated about this trading range and I am trying explain its robots and how much money Enq making each day:-)
They also looking forward to visit London in May, when they ask AB about the dividends he will understand he cant wait for years.

https://www.greencarreports.com/news/1117681_oil-prices-could-double-by-2020-boosting-electric-car-sales

Let’s see if AB gets any Christmas cards next year