RE: Eagle, POO, hedges, etc.10 Jul 2021 10:23
Well well L3, I also have no clue how you get 120m FCF H1. Even when I used your input numbers I got 180m.
I get 800m FCF 2022 and I am quite sure I am within plus minus 10% range given 75 oil.
I have no clue what is your estimate as you don’t say.
I also think GE will be included well before end Sept.
Why wait? Everything ready, money there and after OO it’s soon a done deal.
I hope for a sell or deal with EP also soon.
Looks like timing could be perfect for a buyer now betting on high oil prices.
Numbers are getting big, new low interest rate, big FCF, early GE and possibly a EP sale will also lower financial cost quickly during next 6-12 months