He does a lot of writing on the capital cycles for energy companies so I thought you might find the framework interesting. Doesn't go into individual companies.
Great overview. Are you still postive with VLEs continued drilling and exploration. Seems production is doing well now in Sptember and should generate decent cash in Q4.
When do you think the company will able to complete the reorganization and be able to use the tax.-losses? I'm leaning towards more M&A rather than capital returns, would like a buy-back programme if I could chose.
Pleased to see more content.
Great work again, thank you !
Valeura under CAD 2 was an incredible gift indeed !
It was a bargain, it still is cheap and with the upside of more M&A
Very informative comparison and commentary - thanks for sharing.
I hope it helps to understand two companies that are facing very different capital cycles.
He does a lot of writing on the capital cycles for energy companies so I thought you might find the framework interesting. Doesn't go into individual companies.
Appreciate you sharing your work, you really dug into these. Have you looked at Arjun Murti's Quadrilateral of Death construct?
I will look it up, it doesn't ring a bell
Great overview. Are you still postive with VLEs continued drilling and exploration. Seems production is doing well now in Sptember and should generate decent cash in Q4.
When do you think the company will able to complete the reorganization and be able to use the tax.-losses? I'm leaning towards more M&A rather than capital returns, would like a buy-back programme if I could chose.